€ 170.2M
added value distributed to all stakeholders*
€ 200M
the value of the green bond issued with maturity in 2025
New business line dedicated to electrical storage
+
Green hydrogen partnership in Spain
7 PPAs
signed (of which 3 with a ten-year duration)
45%
of plants with a significant community engagement program**
€ 1.5M
funds paid to community benefit programs in countries of presence (of which € 202 thousand for the international COVID-19 program) for a total of 168 supported projects
€ 843 thousand
in interest paid in the United Kingdom to 3,622 subscribers of 7 cooperatives and a community ownership program
74%
of orders to local suppliers
569.8 thousand
tCO2eq GHG emissions avoided*** thanks to wind and solar energy
INTEGRATED AGRIVOLTAIC
project development adopted in Italy
550.17 tNOx
147.14 tSOx
235.26 tCO
7.3 tPM10
air pollution avoided thanks to total wind and photovoltaic power production****
CO2
footprint with a more accurate calculation of Scope 3 emissions (estimate of emissions associated to our value chain)
16,729
total training hours equivalent to individually 30.3 hours per year
Over 90%
of colleagues worked remotely, for an estimated total of 708.840 hours
5
women in the BoD (42%)
137
colleagues underwent performance evaluation
added value distributed to all stakeholders*
*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.
promote a distinctive sustainable business model, attracting ESG investors and capital
promote regulatory proposals on sustainable energy through a dialogue with Authorities and Institutions
ensure full consistency between RAF and SUF, update and monitor the list of sustainability key risk indicators (KRI)
pursue innovative and sustainable customer-focused solutions and continue to invest in digitalization
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.
refine a responsible sourcing process that encourages a sustainable approach, short supply chain, and use of local labor
consolidate the activities promoted by the Sustainability Charter and extend them to new countries of presence
involve our clients/offtakers in community engagement programs
promote a pilot experience of lending crowdfunding in Italy
added value distributed to all stakeholders*
*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.
make progress towards the net-zero emission target by 2025
ensure total compatibility between activities and the environment
protect ecosystems and enhance traditional uses in the territories in which we operate
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.
expand internal training offerings and develop an employer branding plan
consolidate health & safety protocols and tools, develop a seminar program on health, safety and wellbeing
balance gender ratio in recruitments
consolidate a governance model that combines sustainability, risk and integrity
Through our sustainability strategy, we contribute to the achievement of the Sustainable Development Goals of the United Nations 2030 Agenda.
We are most active in 9 of the 17 UN goals.