ERG SpA

Common Name
ERG
Country
Italy
Sector
Utilities
Industry
Utilities - Renewable
Employees
669
Ticker
ERG
Exchange
EURONEXT MILAN
Website
www.erg.eu
Description
ERG S.p.A. is a leading energy company based in Italy, with a focus on the generation of electricity from renewable sources. It is primarily engaged in the development, construction, and operation of ...

ERG's GHG Emissions Data Preview

In 2024, ERG completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

ERG has also provided a category-level breakdown for 8 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind ERG’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore ERG’s data sources below and access millions more through our Disclosure Search.

a. ERG's Integrated Report 2024
a. ERG's Integrated Report 2024
b. ERG's Consolidated Non-Financial Report 2023
b. ERG's Consolidated Non-Financial Report 2023

Insights into ERG's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of ERG amounted to 9,381 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of ERG increased by 38.04%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

ERG's Scope 1 Emissions Over Time

202020212022202320240300 k600 k900 k1.2 MtCO2e-100%+400%+3%+9%
  • Total Scope 1
  • Year-over-Year Change

What are ERG's Scope 1 emissions?

In 2024, the total Scope 1 emissions of ERG were 1,118 metric tons of CO₂ equivalent (tCO₂e). a

Has ERG reduced its Scope 1 emissions over time?

Since 2020, ERG's Scope 1 emissions have decreased by 99.9%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2023), ERG's Scope 1 emissions increased by 8.75%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are ERG's Scope 2 emissions?

In 2024, ERG reported Scope 2 greenhouse gas (GHG) emissions of 242 tCO₂e using the market-based method and 8,263 tCO₂e using the location-based method. a

Has ERG reduced its Scope 2 emissions over time?

Since 2020, ERG's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 41.81%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), ERG's Scope 2 emissions (Location-Based) rose by 43.26% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does ERG use for Scope 2 reporting?

In 2024, ERG reported its Scope 2 emissions using the market-based method and using the location-based method. a

ERG's Scope 2 Emissions Over Time

2020202120222023202404 k8 k12 k16 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into ERG's Value Chain Emissions

In 2024, ERG reported 208,313 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of ERG includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a

ERG's Scope 3 Emissions Over Time

202020212022202320240150 k300 k450 k600 ktCO2e-92%+35%+276%+21%
  • Total Scope 3
  • Year-over-Year Change

What are ERG's Scope 3 emissions?

In 2024, ERG reported total Scope 3 emissions of 208,313 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has ERG reduced its Scope 3 emissions over time?

Since 2020, ERG's Scope 3 emissions have decreased by 52.86%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), ERG's Scope 3 emissions increased by 20.62%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does ERG disclose?

In 2024, ERG reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of ERG's Scope 3 emissions?

In 2024, the largest contributors to ERG's Scope 3 emissions were: a

  • Capital Goods (Cat. 2): 182,200 tCO₂e (87.42%)
  • Purchased Goods and Services (Cat. 1): 23,600 tCO₂e (11.32%)
  • Fuel- and Energy-Related Services (Cat. 3): 830 tCO₂e (0.4%)

ERG's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(11.3%)Capital Goods(Cat. 2)(87.4%)

Insights into ERG’s GHG Emissions Intensity Compared to Industry Peers

In 2024, ERG reported Scope 1 greenhouse gas (GHG) emissions of 1,118 tCO₂e and total revenues of USD 768 millions. This translates into an emissions intensity of 1.46 tCO₂e per millions USD. a

ERG's Scope 1 Emissions Intensity Compared to Peers

502,000100,0005,000,000200,000,000Scope 1 Emissions (tCO2e)502001,0005,00020,000Revenues (Millions of USD)TDXSolariaYear: 2024Scope 1: 469,600 tCO2eRevenue: $M 184Scope 1 Intensity: 2,550.91 tCO2e/$MChugoku Electric PowerYear: 2023Scope 1: 19,610,000 tCO2eRevenue: $M 12,722Scope 1 Intensity: 1,541.41 tCO2e/$MRenew Energy GlobalYear: 2024Scope 1: 637 tCO2eRevenue: $M 975Scope 1 Intensity: 0.65 tCO2e/$MHolaluz-ClidomYear: 2024Scope 1: 460 tCO2eRevenue: $M 282Scope 1 Intensity: 1.63 tCO2e/$MBoralexYear: 2023Scope 1: 1,227 tCO2eRevenue: $M 772Scope 1 Intensity: 1.59 tCO2e/$MBarito Renewables EnergyYear: 2023Scope 1: 377,756 tCO2eRevenue: $M 595Scope 1 Intensity: 634.95 tCO2e/$MEnergy AbsoluteYear: 2023Scope 1: 53,375 tCO2eRevenue: $M 873Scope 1 Intensity: 61.11 tCO2e/$MNaturenergie HoldingYear: 2024Scope 1: 11,910 tCO2eRevenue: $M 1,778Scope 1 Intensity: 6.70 tCO2e/$MRenovaYear: 2023Scope 1: 190 tCO2eRevenue: $M 252Scope 1 Intensity: 0.75 tCO2e/$MAuren EnergiaYear: 2022Scope 1: 122,245 tCO2eRevenue: $M 1,044Scope 1 Intensity: 117.12 tCO2e/$MTTTPI Polene PowerYear: 2023Scope 1: 1,718,996 tCO2eRevenue: $M 319Scope 1 Intensity: 5,385.44 tCO2e/$MEnlight Renewable EnergyYear: 2023Scope 1: 256 tCO2eRevenue: $M 256Scope 1 Intensity: 1.00 tCO2e/$MSJVNYear: 2024Scope 1: 648 tCO2eRevenue: $M 308Scope 1 Intensity: 2.10 tCO2e/$MScatecYear: 2024Scope 1: 889 tCO2eRevenue: $M 385Scope 1 Intensity: 2.31 tCO2e/$MRusHydroYear: 2023Scope 1: 32,050,000 tCO2eRevenue: $M 5,648Scope 1 Intensity: 5,674.89 tCO2e/$MVoltaliaYear: 2024Scope 1: 33,826 tCO2eRevenue: $M 569Scope 1 Intensity: 59.43 tCO2e/$MAlupar InvestimentoYear: 2023Scope 1: 110,418 tCO2eRevenue: $M 683Scope 1 Intensity: 161.73 tCO2e/$MPertamina Geothermal EnergyYear: 2023Scope 1: 89,160 tCO2eRevenue: $M 406Scope 1 Intensity: 219.45 tCO2e/$MDDDatang Renewable PowerYear: 2023Scope 1: 7,103 tCO2eRevenue: $M 1,967Scope 1 Intensity: 3.61 tCO2e/$MElectricite de StrasbourgYear: 2024Scope 1: 1,032 tCO2eRevenue: $M 1,437Scope 1 Intensity: 0.72 tCO2e/$MBrookfield Renewable PartnersYear: 2024Scope 1: 140,074 tCO2eRevenue: $M 8,103Scope 1 Intensity: 17.29 tCO2e/$MXXXinyi Energy HoldingsYear: 2023Scope 1: 345 tCO2eRevenue: $M 322Scope 1 Intensity: 1.07 tCO2e/$MERGYear: 2024Scope 1: 1,118 tCO2eRevenue: $M 768Scope 1 Intensity: 1.46 tCO2e/$M

How does ERG's GHG emissions intensity compare to its peers?

In 2024, ERG reported a Scope 1 emissions intensity of 1.46 tCO₂e per millions USD. Compared to the peer group median of 11.99 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does ERG rank on GHG emissions intensity within its industry?

In 2024, ERG ranked 6 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

ERG is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into ERG's Total Carbon Footprint

In 2024, ERG reported a total carbon footprint of 217,694 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.28% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to ERG's total carbon footprint was Scope 3 emissions, accounting for 95.69% of the company's total carbon footprint, followed by Scope 2 emissions at 3.8%. a

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