added value distributed to all stakeholders*
the value of the
issued with maturity in 2025
Green hydrogen partnership
signed (of which 3 with a ten-year duration)
of plants with a significant community engagement program**
funds paid to
community benefit programs
in countries of presence,
168 local projects
€ 843 thousand
paid in the UK
to 3,622 subscribers
of 7 cooperatives and to the community ownership program
of orders to
GHG emissions avoided*** thanks to wind and
project development adopted in Italy
avoided air pollution thanks to total wind and photovoltaic power production****
A more accurate estimation of
with the calculation of
Scope 3 emissions (associated to our
total training hours equivalent to
30.3 hours individually
for a total of
in the BoD
colleagues underwent performance evaluation
*To stakeholders such as employees, shareholders, providers of loan capital, central and local government and local communities.
We adopt a distinctive business model that combines economic sustainability with the generation of social and environmental value, and we are always on the lookout for innovation in our industry. The distributed added value measures the wealth shared with our main stakeholders: shareholders, employees, central and peripheral public administrations, financial institutions, and the local communities in which we operate. For this reason, for us it is a performance indicator to measure, every year, the transformation of the economic and productive capital.
Local communities and on-the-ground partners are a key aspect of our business model. We share the value we generate with them, including through the many ESG initiatives we support in the contexts in which we operate. We encourage the participation of local communities in our business through engagement models and initiatives aimed at enabling the sustainable development of the territories that host us. We promote the use of the local labor force and a short supply chain. We support the creation of skills, competence and knowledge-sharing in relation to energy sustainability, including through training projects. We minimize the impact on the environment of our activities, in order to protect the ecosystem value of the territories that host us, as well as enhance their customs and traditions. The rate share of plants with a significative community engagement program of local communities in our business is the way in which we measure our capability toof grow together with the communities that host us.
*To be understood as the involvement of local communities through cooperative, ownership and benefit programs, as well as crowdfunding initiatives, or with the local enabling of sustainable energy consumption services (i.e., community energy PPA, access to net metering credit programs, etc.) for the benefit of communities or entities/institutions of public utility.
** References of the emission factors applied in this report: USA: “Emission Factors for Greenhouse Gas Inventories” (US EPA, 2020); EU: “Fattori di emission atmosferica di gas a effetto serra nel settore elettrico nazionale e nei principali Paesi Europei” [Atmospheric emission factors of greenhouse gases and other pollutants from the power sector] (ISPRA, 2020); Norway: “Electricity disclosure 2018” (NVE-RME, 2020 update). These factors are updated with respect to those applied in previous reporting. Performances and targets have been re-calculated accordingly.
Fighting climate change and safeguarding the environments that host our operations are our main challenges. We want to be leaders in energy transition and sustainability. We want to produce sustainable energy, in a sustainable way, in sustainable territories. The GHG emissions avoided thanks to wind and solar energy are for us the monitoring parameter of our commitment to the environment.
We believe in people and their potential, in their desire to improve themselves and to generate value for our Group and for the society in which we live. This is why we are committed to promoting continuous professional growth, while guaranteeing a stimulating and safe working environment, that enhances everyone’s diversity and allows them to achieve a fair balance between work and private life. Believing in the importance of nurturing each individual’s talent, we promote continuous learning in a process of individual and collective growth. The yearly average hours of training per employee, on average, allow us to keep track of this growth path.