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We are among the best utilities in the S&P Global Ratings ESG evaluations

Testata Awards

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null We are among the best utilities in the S&P Global Ratings ESG evaluations
21/07/2021
We are among the best utilities in the S&P Global Ratings ESG evaluations

We rank 5th internationally among the Utility Networks assessed by this rating agency’s Sustainable Finance analysts, thanks to our focus on sustainability and our ability to manage risks and opportunities

S&P Ratings

We rank 5th internationally among the Utility Networks assessed by this rating agency’s Sustainable Finance analysts, thanks to our focus on sustainability and our ability to manage risks and opportunities

After being included in the Dow Jones Sustainability Index, World and Europe, in 2020, we have once again confirmed our standing as one of the companies most attentive to sustainability and ESG aspects internationally.

Hera’s ESG Evaluation, carried out by the Sustainable Finance analysts of S&P Global Ratings, was indeed published. This is a cross-industry assessment of a company’s ability to effectively manage, over the medium and long term, its exposure to environmental, social and governance risks, as well as to seize opportunities arising from the changes occurring in a constantly evolving international context.

We are the first company in Italy to publish its ESG Evaluation, in which we obtained an overall score of 81/100, making it one of the top fifteen companies assessed internationally by S&P Global Ratings. The score obtained (81) places us well above the international (68) and European (73) average and ranks us fifth internationally among Utility Networks (with the sector average coming to 74).

In particular, in the ESG Evaluation, we are assessed by S&P Global Ratings as being strongly prepared to implement its growth and development strategy, ready to face the potential risks deriving from regulations in an economy that is moving towards the circular model, with low emissions, supporting the resilience of its well-diversified business model.

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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