Building the future

We invest in sustainable growth aware that we generate direct and indirect impacts on people’s lives and the development of territories.

We shape our tomorrow, every day. For Iren, this means creating value over time through a sustainable development model – consistent with
its mission, its vision and its values – that can guide the Group’s strategy, policies and investments.

The multi-business nature of the Iren Group integrates different business areas that share the value of responsible resource use on a daily basis, looking to the future with a very broad view of their surroundings. People and territories are at the centre, the environment drives actions, and every resource is treated in a sustainable way aiming at the best, pursuing innovation. Iren faces tomorrow with the ambition of someone who wants to be a leader in ecological transition and circular economy to allow communities and territories to transform energy into value, without waste, together building a future that is a place where we can live well.

Our integrated strategy

Sustainability is the compass that guides the management of activities and the key lever for the creation of value over time and the development of the Strategic Plan, which aims to respond to major global challenges: from decarbonisation to the development of renewable energy, from circular economy and energy efficiency, moving on to the safeguarding of natural resources, to valuing people.

For this reason, Iren Group’s strategy is based on the analysis of the macroeconomic, financial, energy and climate context and scenarios in the short, medium and long term to identify the factors that may be important for its business from a competitive, sustainable, regulatory and normative point of view and that may affect the pursuit of its growth targets. In the Business Plan, 12.7 billion in investments are planned until 2030 of which 80% for sustainability.

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Sustainability governance

Iren Group’s governance is based on shared rules that inspire and direct strategies and activities. The instruments adopted guarantee respect for ethical values, principles and behaviours within an industrial model that plans for sustainable growth.

In order to ensure consistency between behaviours and strategies, the Group has adopted a corporate governance model based on the division of responsibilities and on a balanced relationship between management and control, which guarantees that risks and opportunities are duly taken into account in the decision-making processes and contributes to spreading the corporate culture at all levels and enhancing skills.

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Stakeholder engagement

Iren Group is committed to managing its activities considering the interests of its stakeholders, with the understanding that shared goals are essential to creating mutual value.

Dialogue and discussion with stakeholders are key to addressing and outlining growth strategies that produce increasingly sustainable impacts for the local area and the country as a whole, gathering the present and future needs of stakeholders.

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Sustainability Reports

Consolidated Non-Financial Statement (NFS)

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The latest Report

The Sustainability Report (Non-financial consolidated report pursuant to Legislative Decree no. 254/2016) is the instrument used by Iren to monitor and publicise the Group's environmental, social and economic strategies and performance, to transparently communicate compliance with the commitments undertaken, future commitments and ability to meet stakeholder expectations.

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Awards

Top Employer

Top Employer certification (obtained for the fourth consecutive year): the official recognition of the Company’s excellence in HR policies and strategies and their implementation to contribute to people’s well-being, improve the work environment and the world of work.

Top Utility 2021

Top Utility 2021 Award in the Absolute category: recognition of Iren Group’s excellent relationship with its stakeholders, its attention to sustainability, transparency and communication, as well as its ability to develop a harmonious growth path, expanding activities and territories, maintaining an effective relationship with consumers and improving the quality of services offered.

Best in Media Communication

Best in Media Communication certification: recognition for the work done to measure the impact of corporate communication, taking into account the positioning in the media and the quality of the relationships established with journalists.

Best Performance Award

Best Performance Award - category Best Performing Large Company assigned by SDA Bocconi: recognition of the commitment to making the topic of sustainability and investment in human capital central to bring out the potential of each person with respect to their skills, competencies and needs.

Ricrea

Award for commitment and results achieved in the separate collection of steel packaging in Reggio Emilia RICREA, awarded by the National Consortium for the Recycling and Recovery of Steel Packaging.

Social Creative Awards

Five awards to the social channels of Iren Luce Gas e Servizi attributed by Social Creative Awards: an award for international excellence in content creation on social media aimed at the best Italian posts (on Facebook, Instagram and Tiktok) of any sector. Special mention as best Facebook content of the year 2021 to the post dedicated to the night of San Lorenzo.

Certificate of civic merit

Certificate of civic merit delivered by the Mayor of Parma to two operators of Iren Group, representing the entire category of workers engaged in essential services for the community that during the pandemic have worked to ensure citizens the use of these services.