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Today, the Board of Directors of the Hera Group, one of Italy’s largest multi-utility companies operating in the waste management, energy and water sectors, approved the Climate Transition Plan, a document that presents the Group’s strategy and commitment to achieve Net Zero by 2050. This goal will be pursued as regards both direct and indirect greenhouse gas emissions, reducing them by 90% overall within 2050 (compared to 2019) and removing all residual emissions at the end of the path to decarbonisation. The Climate Transition Plan sets out the key aspects of the Group’s strategy over the short, medium and long term, consistently with the indications and trajectories outlined by the scientific community, starting with the 2015 Paris Agreement, to limit global warming to within 1.5°C at the end of the century, compared to pre-industrial figures. This document therefore presents the Hera Group’s vision and commitments for a sustainable future, quantifying its current and future impact in terms of emissions and illustrating both the internal decarbonisation levers that the company will activate to achieve Net Zero with the full involvement of all stakeholders, and the contribution coming from the evolution of the external scenario. Well integrated within the Group’s more general strategy, the definition of a long-term Net Zero objective contributes to the concrete form taken by its corporate purpose – which explicitly mentions the achievement of carbon neutrality – and is consistent with the decarbonisation commitments already undertaken by the Group with an outlook to 2030. For further information Press release bannerino_netzero_rev (2).png The Hera Group’s climate change mitigation strategy is now enriched with the definition of the Climate Transition Plan and the goal of reaching Net Zero by 2050 as regards direct and indirect emissions Immagine_110_150 (1).jpg

Fincantieri and the Hera Group have signed a memorandum of understanding to launch a partnership aimed at optimising waste cycle management and creating value in Fincantieri’s shipyards throughout Italy, in accordance with the principles and objectives of the circular economy. The agreement calls for the establishment of a newco – owned by Fincantieri and the Hera Group, through its subsidiaries Herambiente Servizi Industriali (HASI) and ACR di Reggiani Albertino S.p.A. (ACR), part of the Herambiente Group, charged with implementing an integrated and efficient waste management system at Fincantieri’s shipyards, starting with the Monfalcone site, identified as the first area for intervention in the implementation of the project. The new company will also be responsible for the operational administration of the plant, the management of waste disposal and the valorisation of residues and recoverable waste. With this partnership, Fincantieri aims to reduce its waste production, maximise waste recovery by applying advanced technologies for industrial waste treatment and valorisation, create sorted waste collections for the reuse of materials in production cycles and optimise logistics and waste handling to increase safety on construction sites. The agreement also represents an important opportunity to create value, both economically and in terms of sustainability. The Hera Group’s extensive experience in industrial waste management and in implementing sustainable solutions, shared with its subsidiaries HASI and ACR, who will be responsible for managing operations, will thus enable Fincantieri to accelerate the achievement of ESG goals in its shipyards. This will involve concrete circular economy initiatives in all areas: from reducing waste production to increasing the amount of solid waste sent for recycling, valorising residues, recovering water and reducing CO2 emissions. For further information Press release Fincantieri Monfalcone_870.png A newco will be born aimed at managing almost 100,000 tonnes per year of industrial waste produced in its shipyards, and creating a new integrated waste management system, intended to reduce waste and enhance recovery with a view to the circular economy Fincantieri Monfalcone_110.jpg