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We are among Europe’s leaders in sustainability and the fight against climate change

Testata Awards

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null We are among Europe’s leaders in sustainability and the fight against climate change
13/02/2024
We are among Europe’s leaders in sustainability and the fight against climate change

We achieved the leadership band in the CDP questionnaire and were included among “TOP 1%” Multi and Water Utilities of the S&P Global’s Sustainability Yearbook 2024

We have been confirmed among Europe’s leading companies for our commitment and transparency in the fight against climate change. It achieved an “A-” score in the assessment drawn up by CDP (formerly the Carbon Disclosure Project), the international non-profit organisation specialising in evaluating the climate performance and strategies adopted by companies.

This achievement above both the energy utilities sector and the European average (both B), comes alongside our inclusion, for the fourth year straight, in S&P Global’s Sustainability Yearbook, which sees Hera among the 759 best companies in the world for sustainability performance.

The CDP score
We achieved an A- score, showing clear improvement on the B obtained in 2022. We also achieved the highest rating (A) for managing climate change risks and opportunities and for the emissions data, including indirect emissions.

All companies were assessed on the basis of their decarbonisation strategy, the effectiveness of their efforts to reduce emissions and climate risks and to develop a low-carbon economy, as well as the completeness and transparency of the information provided and the adoption of best practices concerning environmental impact.

S&P Global’s Sustainability Yearbook
The corporate sustainability performance assessment carried out by S&P Global sees us within the “Top 1%” of the best-performing companies in the sector. With an ESG score coming to 82/100, as against an industry average of 43/100, we have confirmed our leadership in both the environmental and social dimensions, where we recorded the highest score among Multi and Water Utilities.
​​​​​​​Membership was highly competitive this year; of the over 9,400 companies assessed in the Corporate Sustainability Assessment 2023, divided into 62 business sectors, only 66 are classified as “Top 1%”, and we are among them.

For further information
Press release

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Interactive financial statements and sustainability reports
The consolidated economic results at 31 December 2023 and the 2023 sustainability report were approved by the Board of Directors of the Hera Group on 26 March 2024

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Hera SpA, Viale Carlo Berti Pichat 2/4, 40127 Bologna, Tel.051287111 www.gruppohera.it