Iren and the Sustainable Development Goals
The Iren Group’s Strategic Plan includes a concrete commitment to the Sustainable Development Goals of the UN 2030 Agenda (SDGs).
A commitment that the Iren Group ensures with 80% of the investments in the 2030 Business Plan dedicated to projects and initiatives that directly impact the SDGs.
Plan guidelines for sustainability
The industrial strategy is strongly integrated with the sustainability strategy, which defines precise medium- and long-term targets. The sustainability strategy is developed according to the guidelines of the ecological transition and the centrality of communities and people and structured in five focus areas: decarbonisation, circular economy, water resources, resilient cities and people.
Ecological transition
Turn toward reducing climate-changing emissions through:
Plant development for waste circularity:
Acceleration of investments on water network and facilities for:
Centrality of communities and people
Solutions to improve the quality of life for cities and communities:
People
Iren Global Goals
Iren Group contributes to sustainable development in line with the UN Sustainable Development Goals (SDGs), integrating this commitment into its business model. For the preparation of the Group’s Strategic Plan, an assessment was made of the SDGs to which Iren contributes and can contribute more in the future. All 17 SGDs were analysed, with their relative targets, and the areas of Group activity that contribute to their achievement were identified, enabling the selection of 9 Priority Objectives that were taken on in the Strategic Plan, and are highlighted below, to which Objective 17, considered a tool for achieving the other objectives, is added in a transversal manner.
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Decarbonisation
Circular economy
Water resources
Resilient cities
People
Decarbonisation
Main initiatives:
Indicators
Carbon intensity of energy production (scope 1) (gCO2/kWh)**
Certified renewable electricity purchased (linked to scope 2 reduction) (%)**
Emissions reduction Scope 3 - Use of products sold (gas) (%)**
Emissions reduction Scope 3 - Fuel and energy-related activities (%)**
Energy saving from production processes (kTep)
Emissions avoided from waste recovery (ktCO2)
Target
2024*
317
90%
-6%
-3%
920
1,610
Target
2026*
298
95%
-11%
-6%
1,500
1,740
Target
2030*
176
100%
-25%
-13%
1,740
2,290
* Targets shown as a percentage increase/decrease have 2020 as a base.
** Scope 1, 2, 3 emission reduction targets were submitted to Science Based Target initiative for validation in November 2021 and approved in March 2022
*** Targets refer to the increase from 2020
**** 2020 figure is affected by the situation related to the Covid-19 pandemic, Business Plan targets were set with 2019 as the base year
Circular economy
Main initiatives:
Indicators
Recycling collection (%) - historical territories
Recycling collection (%) - other territories
Waste treated in material recovery facilities of the Group (kton)
Biomethane produced (million cubic meters)
Reused wastewater (million cubic meters)
Target 2024*
73.4%
64.5%
1,490
38
13
Target 2026*
74.6%
72.9%
1,670
46
16
Target 2030*
76.2%
75.3%
2,310
57
20
* Targets shown as a percentage increase/decrease have 2020 as a base.
** Scope 1, 2, 3 emission reduction targets were submitted to Science Based Target initiative for validation in November 2021 and approved in March 2022
*** Targets refer to the increase from 2020
**** 2020 figure is affected by the situation related to the Covid-19 pandemic, Business Plan targets were set with 2019 as the base year
Water resources
Main initiatives:
Indicators
Depurative capacity (k A.E.)
Water withdrawals from the environment (liters/inhabitant/day)
Leakage of aqueduct networks (%)
Districting of aqueduct networks (%)
Target 2024*
3,690
278
30.1%
75%
Target 2026*
3,850
273
26.5%
82%
Target 2030*
3,970
261
20%
90%
* Targets shown as a percentage increase/decrease have 2020 as a base.
** Scope 1, 2, 3 emission reduction targets were submitted to Science Based Target initiative for validation in November 2021 and approved in March 2022
*** Targets refer to the increase from 2020
**** 2020 figure is affected by the situation related to the Covid-19 pandemic, Business Plan targets were set with 2019 as the base year
Resilient cities
Main initiatives:
Indicators
District heating extension (Mmc)
Fleet of environmentally friendly company vehicles (% electric
and biomethane vehicles out of total)
Green electricity sold end customers and wholesalers (GWh)
Energy savings from Group products/services (kTep)
Target 2024*
108.0
36%
2,000
420
Target 2026*
117.0
47%
2.500
500
Target 2030*
124.0
100%
3,500
700
* Targets shown as a percentage increase/decrease have 2020 as a base.
** Scope 1, 2, 3 emission reduction targets were submitted to Science Based Target initiative for validation in November 2021 and approved in March 2022
*** Targets refer to the increase from 2020
**** 2020 figure is affected by the situation related to the Covid-19 pandemic, Business Plan targets were set with 2019 as the base year
People
Main initiatives:
Indicators
Recruitment (N)***
Training hours per capita (N)
People assessed on performance (%)
Women managers (%)
Hires under 30 out of total hires (%)
Accident incidence index (N)
Employees covered by supplementary health care (%)
Target 2024*
+2.300
26
80%
23.5%
80%
44
90%
Target 2026*
+2,900
27
100%
27%
80%
43
93%
Target 2030*
+4,000
30
100%
30%
84%
42
95%
* Targets shown as a percentage increase/decrease have 2020 as a base.
** Scope 1, 2, 3 emission reduction targets were submitted to Science Based Target initiative for validation in November 2021 and approved in March 2022
*** Targets refer to the increase from 2020
**** 2020 figure is affected by the situation related to the Covid-19 pandemic, Business Plan targets were set with 2019 as the base year
