Managing and monitoring major business risks, in order to contribute to the sustainable success of the entire Group, is the goal of the Internal Control and Risk Management System (“SCIGR”). The Board of Directors defines the guidelines of the SCIGR and assesses its adequacy with respect to the characteristics of the enterprise and the directions expressed in the guidelines.

The risk management system integrates within it, in line with the governance and strategy adopted by the Group, the assessment of sustainability aspects. For each risk category, provided in the Group’s Risk Map, environmental, social and governance (ESG) impacts are assessed. Of particular importance are the risks and opportunities related to climate change, for which a special Risk Policy has been developed. 

Iren Group supports the principles of the UN Global Compact, to which it adheres, and considers the UN Universal Declaration of Human Rights, the Conventions and Recommendations of the International Labour Organization (ILO)1 as indispensable, as well as the Earth Charter drawn up by the Earth Council. The principles and policies adopted by Iren Group are, moreover, aligned with the OECD Guidelines for Multinational Enterprises, endorsed by the Italian State.

Iren Group strives to offer its customers and residents service efficiency, effectiveness, economic convenience and high quality, operating with expertise and professionalism in full respect of the environment and safety, contributing to the well-being of its personnel and the community.