Iren
Iren S.p.A., commonly referred to as Iren, is a prominent player in the Italian energy and utilities sector, headquartered in Turin, Italy. Founded in 2010, the company has rapidly expanded its operations across key regions, including Emilia-Romagna, Liguria, and Lombardy. Iren is dedicated to providing integrated services in electricity, gas, water, and waste management, distinguishing itself through its commitment to sustainability and innovation. With a focus on renewable energy and smart solutions, Iren has achieved significant milestones, including investments in green technologies and infrastructure. The company is recognised for its strong market position, consistently ranking among the top utility providers in Italy. Iren's unique approach to service delivery and customer engagement has solidified its reputation as a leader in the transition towards a more sustainable future.
DitchCarbon Score
How does Iren's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electricity Distribution industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Iren's score of 29 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Iren's reported carbon emissions
In 2023, Iren reported total carbon emissions of approximately 7,550,720,000 kg CO2e, comprising 3,428,303,000 kg CO2e from Scope 1, 200,969,000 kg CO2e from Scope 2, and 3,720,279,000 kg CO2e from Scope 3 emissions. This marked a significant increase from 2022, where total emissions were about 4,041,122,000 kg CO2e. Iren has set ambitious climate commitments, aiming for zero Scope 2 market-based emissions by 2030 through the purchase of 100% green energy. Additionally, the company targets a 47% reduction in the carbon intensity of energy production (Scope 1) by 2030 compared to 2020 levels. For Scope 3 emissions, Iren aims to avoid 43% of CO2 emissions through waste recovery by 2025, relative to 2019 figures. The company is also focused on reducing its power generation carbon intensity to 176 gCO2eq/kWh by 2030. Furthermore, Iren plans to achieve net-zero Scope 2 emissions by 2035, with a 36% reduction target set for 2025. Iren's emissions data is independently reported and does not cascade from any parent organization. The company is committed to transparency and sustainability in its operations, aligning with industry standards for climate action.
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| 2013 | 2014 | 2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,856,313,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 119,737,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 3 | 470,000 | 000,000 | 000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Iren is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
