Progress toward goals
Progress toward goals
Our strategic pillars
Environmental, social and governance factors are integrated into Iren Group’s strategy and operations through a structured process that involves: analysing the sustainability context and scenarios, identifying priority issues at a strategic and stakeholder level, defining development objectives, planning actions, investments and remuneration policies to achieve the planned objectives, assessing and managing risks/opportunities, monitoring and reporting, through the involvement of relevant stakeholders.
€ are for the achievement
of the SDGs goals
The main current and emerging issues on sustainable development define the material topics, i.e., the aspects that have emerged as most relevant, that significantly affect the organisation’s ability to create value over time.
Identified through the involvement of Iren's management and key stakeholder categories (priority matrix), the impacts generated and suffered by the Group on the economy, environment and people were assessed for each material topic (double materiality).
Goals and results
The Iren Group’s 2030 Business Plan defines five focus areas related to resource sustainability, with the goal of ensuring continuous improvement in Iren’s performance. For each focus area, this page shows the results achieved over the past three years as a result of actions taken by the Group and the targets for each objective over a medium/long-term horizon.
Contribution to the SDGs
The Business Plan defines explicit objectives and targets of sustainability grouped into five focus areas (decarbonisation, circular economy, water resources, resilient cities and people) representing a commitment to producing tangible results for the achievement of 9 of the 17 objectives of the UN 2030 Agenda (SDGs).
Integrated strategic plan
The integration of sustainability in the Strategic Plan and the drivers of capital allocation moves a step forward with the extension of the time horizon of the Sustainability Plan until 2030, defining the role that Iren Group intends to play for development consistent with European policies, the challenges emerging from the pandemic context and to boost the economic recovery process in our country, consistently and in support of the objectives of the PNRR.