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Electricity Distribution
IT
updated 6 days ago

Iren

Company website

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.

14

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.

10

Industry Benchmark

Iren's score of 14 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

48%

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Iren's reported carbon emissions

In 2023, Iren reported total carbon emissions of approximately 3,629,470,000 kg CO2e in Italy, with significant contributions from Scope 3 emissions, particularly from the use of sold products (about 2,066,851,000 kg CO2e) and purchased goods and services (approximately 772,936,000 kg CO2e). The company also disclosed Scope 2 emissions of about 200,969 kg CO2e, indicating a focus on reducing indirect emissions associated with energy consumption. Iren has set ambitious climate commitments, aiming for a 47% reduction in the carbon intensity of energy production (Scope 1) by 2030, targeting a carbon intensity of 176 gCO2eq/kWh. Additionally, the company plans to achieve zero Scope 2 market-based emissions by 2030 through the purchase of 100% green energy. For Scope 3, Iren aims to avoid 43% of CO2 emissions through waste recovery by 2025 compared to 2019 levels. The emissions data is not cascaded from any parent organization, and all figures are reported directly from Iren SpA. The company is actively working towards its sustainability goals, reflecting a commitment to reducing its overall carbon footprint and contributing to climate action.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201320142015201820192020202120222023
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
-
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
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
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Iren's primary industry is Distribution and trade services of electricity, which is very high 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. This request for Iren is in IT, which has a low grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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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

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