Gruppo Hera Sustainability Profile
Gruppo Hera, officially known as Hera S.p.A., is a leading multi-utility company headquartered in Bologna, Italy. Established in 2002, it has rapidly expanded its operations across various regions, primarily serving Emilia-Romagna, Marche, and parts of Veneto. The company operates in the energy, water, and waste management sectors, providing essential services that are both sustainable and innovative. Hera is renowned for its commitment to environmental sustainability and customer-centric solutions, offering a diverse range of services including waste collection, water treatment, and energy distribution. Its unique approach to integrating these services has positioned it as a key player in the Italian utility market. With a strong focus on innovation and efficiency, Gruppo Hera continues to achieve significant milestones, reinforcing its reputation as a trusted provider in the industry.
DitchCarbon Score
How does Gruppo Hera'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 Natural Gas Liquids 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
Gruppo Hera's score of 55 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gruppo Hera's reported carbon emissions
In 2024, Gruppo Hera reported total carbon emissions of approximately 12.7 billion kg CO2e, comprising 1.18 billion kg CO2e from Scope 1, 167.1 million kg CO2e from Scope 2, and about 11.56 billion kg CO2e from Scope 3 emissions. This reflects a slight increase from 2023, where total emissions were approximately 12.6 billion kg CO2e, with Scope 1 emissions at 935.7 million kg CO2e and Scope 3 emissions at about 11.69 billion kg CO2e. Gruppo Hera has set ambitious climate commitments, aiming for a 28% absolute reduction in Scope 1 and 2 emissions by 2030, using 2019 as the baseline year. This target includes biogenic emissions from bioenergy and biodegradable waste. Additionally, the company is committed to achieving a 30% reduction in Scope 3 emissions from the use of sold products by 2030, alongside a 50% reduction in Scope 3 emissions per MWh of sold electricity over the same timeframe. Long-term, Gruppo Hera aims for a significant reduction of around 90% in greenhouse gas emissions by 2050. The company has also committed to increasing its sourcing of renewable electricity from 83% in 2019 to 100% by 2023, demonstrating a proactive approach to sustainability and climate action. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to maintaining emissions reductions consistent with keeping global warming well below 2°C.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,394,852,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
| Scope 2 | 250,547,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 00,000,000 | 00,000,000 | - | - | 000,000,000 |
| Scope 3 | - | - | 00,000,000,000 | 00,000,000,000 | - | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
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Gruppo Hera's Scope 3 Categories Breakdown
Gruppo Hera's Scope 3 emissions, which decreased by 1% last year and increased by approximately 2% since 2017, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 50% of Scope 3 emissions.
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Gruppo Hera's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Gruppo Hera has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Gruppo Hera's sustainability data and climate commitments