The Iren Corporate Governance is based on shared rules, extended to the subsidiaries, which inspire and direct the Group's strategies and activities. The instruments adopted by Iren guarantee respect for ethical values, principles and conduct within an industrial model that plans its growth in full respect of sustainability.
Corporate Governance Model
Corporate Governance Model
A governance system
aligned with national
and international best practices
A governance system
aligned with national
and international best practices
In order to ensure the necessary consistency between conduct and strategies, the Group has created a system of internal rules that configure a Corporate Governance model based on the division of responsibilities and a balance between management and control. The methods of planning, management and control are entrusted to the guidance of the Board of Directors, the supervisory functions of the Board of Statutory Auditors and the statutory audit of the Independent Auditors.
The adoption of modern organisational and management mechanisms contributes to spreading the corporate culture in all its aspects and enhancing skills, growing in internal resources and employees the awareness that Iren plays a relevant role for the community in creating value and providing essential services.
Governance system
Governance system
Iren Group S.p.A. is constantly striving to maintain and strengthen a corporate governance system aligned with national and international best practices in order to manage the complexity of the situations in which it operates and ensure a clear and sustainable development strategy.
The Group has also identified the Corporate Governance Code, approved by the Italian Corporate Governance Committee in January 2020, as the framework for defining its governance system.
The governance system of Iren S.p.A. is described in the Annual Corporate Governance Report, an essential source of information for investors and all those who wish to know us in depth.
Shareholding structure and shareholders' agreements
Shareholding structure and shareholders' agreements
The Iren share capital consists of 1,300,931,377 shares, of which 53.25% held by public shareholders, 1.37% treasury shares, and the remaining 45.38% the free float held by institutional or retail investors.