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Governance and value creation

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Creating shared value 2024

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Governance and value creation 1

Immagine

The Hera Group is a multi-utility with a broadly diversified shareholder base and strong roots in the local areas in which it operates.

We have robust governance designed to generate value over time for our shareholders through the creation of shared value. Communicating with our stakeholders is part of our DNA and takes the shape of numerous consolidated initiatives. These include HeraLABs, local multi-stakeholder councils that address priority issues for communities, and periodic meetings with local authorities to meet their requests; environmental education projects in schools to promote sustainability; and employee and customer satisfaction surveys aimed at improving the internal climate and service quality. Our relationship with investors and lenders is aimed at promoting sustainability, as is demonstrated by Hera’s presence in several ESG stock exchange indices - including the Dow Jones Sustainability Index - and the Group’s periodic issue of green or sustainability-linked bonds.

Governance and value creation 2

Immagine rappresentativa dell’efficienza energetica

Value for stakeholders

what we said we would do…

  • EU TAXONOMY

    59% of gross operating investments in 2023-2027 in eligible aligned activities

  • >2 BILLION EURO

    the economic value distributed to local stakeholders by 2027

what we did...

  • EU TAXONOMY

    55% of gross operating investments in eligible aligned activities in 2024

  • 2.1 BILLION EURO

    the economic value distributed to local stakeholders in 2024

what we will do...

  • EU TAXONOMY

    55% of gross operating investments in 2024-2028 in eligible aligned activities

  • 2.2 BILLION EURO

    the average economic value distributed to local stakeholders over the five-year period 2024-2028

Immagine rappresentativa dell’efficienza energetica

Governance and business conduct

what we said we would do…

  • DISSEMINATION OF THE CODE OF ETHICS

    ongoing training for new employees with AlfabEtico, also involving employees as trainers

what we did...

  • DISSEMINATION OF THE CODE OF ETHICS

    AlfabEtico training course continued for all new permanent employees in 2024

what we will do...

  • DISSEMINATION OF THE CODE OF ETHICS

    give continuity to the training of new employees with AlfabEtico by involving workers as trainers: 900 workers trained by early 2026

Immagine rappresentativa dell’efficienza energetica

Dialogue with stakeholders

what we said we would do…

  • HERALAB

    continue listening to and involving stakeholders on the topic of carbon neutrality. Launch the third edition of HeraLAB in two additional localities in 2024

what we did...

  • HERALAB

    the third edition of HeraLAB started in the Ravenna area in 2024. The area in which to launch the second HeraLAB is still under assessment

what we will do...

  • HERALAB

    continue listening to and involving stakeholders on the topic of carbon neutrality. Launch HeraLAB in two local areas in 2025

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