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 24 is higher than 88% 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 3,629,470,000 kg CO2e for Scope 1, 200,969,000 kg CO2e for Scope 2, and 3,720,279,000 kg CO2e for Scope 3. This reflects a commitment to reducing their carbon footprint across all scopes, with significant targets set for the near future. Iren aims to achieve zero Scope 2 market-based emissions by 2030 by transitioning to 100% green energy. Additionally, the company has set a target to reduce the carbon intensity of power generation (Scope 1) by 47% by 2030, compared to 2020 levels, aiming for a carbon intensity of 176 gCO2eq/kWh. Historically, Iren's emissions have fluctuated, with total emissions reaching approximately 7,812,508,000 kg CO2e in 2020 and 7,682,354,000 kg CO2e in 2019. The company has disclosed emissions data across all three scopes, demonstrating transparency in their climate commitments. Iren's initiatives align with industry standards for climate action, showcasing their dedication to sustainability and reducing their overall environmental impact.
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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 | 000,000,000 | 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.
