Stakeholders

Iren Group is committed to creating, strengthening and expanding its relationships with its stakeholders to guarantee them ample space for discussion and dialogue. The criteria for stakeholder engagement are aimed at inclusion, transparency, fairness, focus on ethical, environmental and social issues and consistency with the activities of the Group. Dialogue is based on the principles of inclusiveness, materiality and compliance laid down in the AccountAbility1000 standard in order to address and responsibly respond to issues and impacts.

The main stakeholder categories of the Iren Group

Main stakeholder categories

Local Committees

Local Committees represent an innovative channel for dialogue and discussion between the Iren Group and all local community stakeholders regarding the company’s services and issues of environmental and social sustainability.

It is a real working tool to collect ideas, proposals, comments and observations to improve the Group’s services by designing, together with citizens, innovative solutions and for a sustainable development of the territory.

Through the irencollabora.it platform, citizens, associations and Institutions of the reference territories can address proposals and projects to the Committees. This tool encourages active behavior to produce feasible solutions and operational projects, creates new opportunities for listening and collaborating with citizens and allows for the adoption of innovative service strategies by anticipating the needs of the territory.

The Committees are set up on a provincial basis and correspond to the geographical areas where Iren services are provided, i.e.:

Relations with shareholders and investors 

Iren Group is constantly committed to creating, strengthening and expanding adequate spaces for listening and dialogue with shareholders and investors, oriented towards transparency, fairness, ethical, environmental and social issues, and consistency with its core business.

Investors and lenders 

Iren has a transparent and timely dialogue with investors, who are increasingly attentive to environmental, social and governance (ESG) issues.

Associations and networks of which the Group is a member

Iren Group has chosen the path of associative participation, which aims to put experience and knowledge at the service of companies and organisations that share a common path of sustainability and responsibility. 

Iren people

The development and enhancement of skills, involvement, inclusion, and health and safety of workers are essential to the growth and realisation of strategic goals.

Priority topics for our stakeholders

The engagement of stakeholders in the double relevance assessment is consistent with the practice suggested by international Due Diligence instruments referred to in the CSRD (Corporate Social Responsibility Directive). This involves seeking input and feedback on impacts on people and the environment. It also helps to validate the importance of sustainability topics from the point of view of stakeholder groups. For the purpose of assessing the relevance of impacts, in addition to Iren’s managers, 56 stakeholders representing the eight main categories identified were involved through an online questionnaire.

Climate change 

Pollution

Water and marine resources

Biodiversity and ecosystems

Resource use and circular economy

Own workforce

Workers in the value chain

Affected communities

Consumers and end-users

Business conduct