Extract Strategic plan
Extract Strategic plan
Our strategic pillars
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.
Material topics
Material topics
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.
The identification of topics was done with the engagement of the Group's management and stakeholders from the Local Committees and the financial world.
For each material topic, “impact materiality”, i.e. the impacts on people and the environment caused by the Group's operations and investments, its products and/or services, or its value chain, and “financial materiality”, i.e. the risks and opportunities that can generate effects on the Group's economic and financial performance, were assessed.
Goals and results
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
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
Integrated strategic plan
The integration of sustainability in the Strategic Plan and in the drivers of capital allocation, with a time horizon up to 2030, helps define the role that Iren Group intends to play for a development consistent with European policies and the challenges emerging from the context.
The industrial strategy complements the sustainability strategy and defines medium- and long-term targets in five focus areas: decarbonization, circular economy, water resources, resilient cities and people.