Public Profile

Erg

Erg, officially known as Erg S.p.A., is a prominent player in the energy sector, headquartered in Italy. Founded in 1938, the company has evolved significantly, establishing a strong presence in renewable energy and traditional power generation across Europe. Erg is renowned for its commitment to sustainability, focusing on wind and solar energy solutions that set it apart in a competitive market. With a diverse portfolio that includes electricity generation, energy trading, and integrated energy services, Erg has positioned itself as a leader in the transition towards greener energy sources. The company has achieved notable milestones, including significant investments in renewable projects, which have bolstered its market position. Erg's innovative approach and dedication to environmental responsibility continue to drive its success in the ever-evolving energy landscape.

DitchCarbon Score

How does Erg'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.

28

Industry Average

Mean score of companies in the Electricity Transmission 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.

1

Industry Benchmark

Erg's score of 28 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.

92%

Erg's reported carbon emissions

In 2022, ERG reported total greenhouse gas emissions of approximately 174,038,000 kg CO2e, with 1,133,000 kg CO2e from Scope 1, 208,000 kg CO2e from Scope 2, and a significant 172,697,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across its value chain by 2040, using 2020 as the base year. To meet its near-term targets, ERG is committed to reducing Scope 1 and 2 emissions by 72% per MWh by 2027. Additionally, the company plans to increase its sourcing of renewable electricity from 94% in 2020 to 100% by 2030. ERG also aims to reduce Scope 1 and 3 emissions from fuel and energy-related activities covering all sold electricity by 70.4% per MWh by 2027. Long-term, ERG targets a 94.8% reduction in Scope 1 and 2 emissions from power generation by 2040, alongside a 95.3% reduction in Scope 1 and 3 emissions from fuel and energy-related activities. Furthermore, the company is committed to reducing all other Scope 3 emissions by 97% per MWhe within the same timeframe. These initiatives align with the Science Based Targets initiative (SBTi) and reflect ERG's dedication to addressing climate change and promoting sustainability in the energy sector.

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20152016201720182019202020212022
Scope 1
1,230,000,000
0,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
0,000,000
Scope 2
-
-
00,000,000
0,000,000
0,000,000
0,000,000
000,000,000
000,000
Scope 3
-
-
-
00,000,000
00,000,000
00,000,000
-
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Erg's primary industry is Transmission services of electricity, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Erg is headquartered in IT, which has a rank of low, indicating low grid carbon 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.

Erg is committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers