Diversity and inclusion: values and pillars of corporate culture

Iren Group is committed, as evidenced by the corporate mission and values and the Business Plan, to enhancing the diversity present within the Company, providing a healthy work-life balance and improving the quality of the working environment. The aim is to become a team, to add value to the outcome of individual work and to increase a feeling of belonging, creating shared social, cultural, professional and intellectual terrain. For this very reason, the Group has decided to have a “Policy related to Diversity and Inclusion”, which focuses on four main strands: gender, generational, cultural and ability diversity.

 

Diversity constitutes a value that, in an inclusive logic, promotes the well-being of all: our commitment is to build a corporate community of which each person feels part, in which they can make their own contribution aware of their uniqueness. 

Diversity and inclusion

Diversity and inclusion

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Policy on Diversity and Inclusion in Iren Group

Policy on Diversity and Inclusion in Iren Group

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Policy on dealing with violence, harassment and bullying in the workplace

Policy on dealing with violence, harassment and bullying in the workplace

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Where do we stand: the D&I indicators

To verify the level of inclusion achieved and direct its goals, the Group uses a set of monitoring indicators.

 

Board of Directors

Women comprise 53% of Iren's Board of Directors, significantly above the national average of around 30%.

Year: 2022         Source: Sustainability Report, Management

Employees

Out of a total of 10,583 employees, 2,669 are women, corresponding to 25.2%, growing respect to 2021 (25.1%), and to 2020 (24.7%). This increase may also be attributed to the continuation of the generational turnover plan which has seen the inclusion of many women’s resources.

 

Commitment to the implementation of gender diversity policies has been recognized through the Iren Group's confirmation for the third consecutive year in the Bloomberg Gender-Equality Index (GEI). The index measures gender equality based on five pillars: women’s leadership and talent pipeline, equal pay and equal pay between the genders, inclusive culture, policies against harassment and promotion activities towards the women’s world.

Year: 2022        Source: Sustainability Report, Iren in the Bloomberg Gender Equality Index - GEI 2022

New hires

Out of a total of 1,291 new hires, 297 are women, corresponding to 23%, constantly growing compared to 2021 (19%) and to 2020 (16%). 43% of new hires are under 30

Year: 2022         Source: Sustainability Report

Management

Out of a total of 489 managers (executives and middle managers) there are 120 women, which corresponds to 24.25% growing respect to 2021 (22.27%). It should be noted that, also in view of the mainly technical characteristics of the managed activities, the situation is not discriminatory for the women’s component who represents about 38% of the group of executives, middle managers and employees.

Year: 2022        Source: Sustainability Report

Processes to support diversity inclusion

Selection, recruiting, training, management, development and remuneration procedures defined within the Iren Group are strictly focused on merit and competence, with exclusively professional assessment, free from all discrimination.

 

Since 2021, the Group has adopted a "Policy on Diversity and Inclusion," which focuses at this time on four main strands-gender, generational, cultural, and ability diversity-under the understanding that the context can always determine other forms of exclusion that must, as far as possible, be preventively identified, prevented, and countered.

 

A specific "Policy on dealing with violence, harassment and bullying in the workplace" has also been established, aimed on the one hand at raising awareness of the complex phenomenon of violence and harassment, and on the other hand at supporting people who are victims of such phenomena, indicating specific channels through which reports of misconduct can be directed.

Year: 2022        Source: Code of Ethics, D&I Policy, Policy Against Harassment

Goals related to diversity inclusion

Gender Diversity is among management’s performance indicators as outlined in the Remuneration Report 2023. In particular, 2 KPIs on Gender Diversity were defined:

 

  • % women of total employees
 
  • % women executives and middle managers of total executives and middle managers

 

The 2030 Business Plan includes a goal concerning generational change (75% of hires/employees under 30) and one concerning gender diversity (30% female managers).

Year: 2022        Source: Remuneration Report, Business Plan

Flexible work

The Group's management policy promotes and supports the correct balance between professional and private life, promoting forms of flexibility in the organization to facilitate people in the performance of their work activities, in relation to their family, health and personal conditions. (flexible working hours, teleworking, smart working, part time, ultra-daily flexibility). Thanks to these experiences of flexibility and the launch of a strong digitalization process in the human resources field, in 2022 the Group has been able to respond effectively to the new needs of the corporate population related to the pandemic and the resulting lockdown, using all forms of conciliation available. 

Year: 2022        Source: Sustainability Report, Code of Ethics 

Welfare services

Quality of life is the main objective of corporate welfare activities, understood as the set of initiatives and services made available to employees and their families, which result in the realization of people's well-being, in the workplace and also in private life. The Iren Group therefore promotes, among other things, the importance of a healthy lifestyle and prevention, on which people's psycho-physical well-being depends.

Year: 2022        SourceSustainability Report

Disability

In the company, 430 employees (4% of total employees), have disabilities or special needs.

Year: 2022        SourceSustainability Report

Career advancement

The policies of selection, recruitment, training, management, development and remuneration are strictly based on criteria of merit and competence, with exclusively professional assessment, without any discrimination.

Year: 2022        SourceSustainability Report

Training 

More than 98% of employees have participated in at least one training course, with a per capita average of 27 hours of training.

 

A target has been included in the 2030 Business Plan regarding Reskilling and Upskilling (30 hours per capita of training).

Year: 2022        Source: Business Plan