Hera SpA

Common Name
Hera
Country
Italy
Sector
Utilities
Industry
Utilities - Diversified
Employees
10,400
Ticker
HER
Exchange
EURONEXT MILAN
Description
Hera S.p.A. is a prominent multi-utility company based in Italy, engaged in the provision of a wide array of essential services including energy distribution, water cycle management, and waste treatme...

Hera's GHG Emissions Data Preview

In 2024, Hera 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).

Hera has also provided a category-level breakdown for 6 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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Total Scope 2
Market-Based
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b
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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 Hera’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 Hera’s data sources below and access millions more through our Disclosure Search.

a. Hera's Financial Report 2024
a. Hera's Financial Report 2024
b. Hera's Sustainability Report 2023
b. Hera's Sustainability Report 2023

Insights into Hera's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Hera amounted to 1,344,100 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 Hera increased by 24.84%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b

Hera's Scope 1 Emissions Over Time

202020212022202320240300 k600 k900 k1.2 MtCO2e0%-5%0%+26%
  • Total Scope 1
  • Year-over-Year Change

What are Hera's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Hera were 1,177,000 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), Hera's Scope 1 emissions increased by 25.79%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a b

What are Hera's Scope 2 emissions?

In 2024, Hera reported Scope 2 greenhouse gas (GHG) emissions of 167,100 tCO₂e using the location-based method. a

Has Hera reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Hera's Scope 2 emissions (Location-Based) rose by 18.51% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a b

What methodology does Hera use for Scope 2 reporting?

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

Hera's Scope 2 Emissions Over Time

201920202021202220232024045 k90 k135 k180 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Hera's Value Chain Emissions

In 2024, Hera reported 11,558,800 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 Hera includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, down from 6 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a

Hera's Scope 3 Emissions Over Time

20192020202120222023202403.5 M7 M10.5 M14 MtCO2e+85%+1%+5%-5%-1%
  • Total Scope 3
  • Year-over-Year Change

What are Hera's Scope 3 emissions?

In 2024, Hera reported total Scope 3 emissions of 11,558,800 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 46.18% of these emissions originated from upstream activities such as purchased goods and capital goods, while 53.82% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Hera reduced its Scope 3 emissions over time?

Since 2019, Hera's Scope 3 emissions have increased by 84.54%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Hera's Scope 3 emissions remained relatively stable, indicating that Hera 's emissions have plateaued with no significant change in its value chain footprint. a b

What categories of Scope 3 emissions does Hera disclose?

In 2024, Hera reported emissions for 5 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 Hera's Scope 3 emissions?

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

  • Use of Sold Products (Cat. 11): 5,835,700 tCO₂e (50.49%)
  • Fuel- and Energy-Related Services (Cat. 3): 5,251,600 tCO₂e (45.43%)
  • Investments (Cat. 15): 383,400 tCO₂e (3.32%)

Hera's Scope 3 Emissions by Categories

Investments(Cat. 15)(3.3%)Use of Sold Products(Cat. 11)(50.5%)Fuel- andEnergy-RelatedServices (Cat. 3)(45.4%)

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

In 2024, Hera reported Scope 1 greenhouse gas (GHG) emissions of 1,177,000 tCO₂e and total revenues of USD 13,589 millions. This translates into an emissions intensity of 86.62 tCO₂e per millions USD. a

Hera's Scope 1 Emissions Intensity Compared to Peers

202,000100,0005,000,000500,000,000Scope 1 Emissions (tCO2e)2001,00010,00050,000200,000Revenues (Millions of USD)SSEYear: 2025Scope 1: 5,220,000 tCO2eRevenue: $M 13,109Scope 1 Intensity: 398.20 tCO2e/$MRENYear: 2023Scope 1: 29,437 tCO2eRevenue: $M 1,049Scope 1 Intensity: 28.06 tCO2e/$MGelsenwasserYear: 2022Scope 1: 7,784 tCO2eRevenue: $M 14,249Scope 1 Intensity: 0.55 tCO2e/$MIrenYear: 2023Scope 1: 3,629,470 tCO2eRevenue: $M 7,032Scope 1 Intensity: 516.13 tCO2e/$MEDPYear: 2024Scope 1: 1,458,320 tCO2eRevenue: $M 15,574Scope 1 Intensity: 93.64 tCO2e/$MA2AYear: 2024Scope 1: 4,620,312 tCO2eRevenue: $M 13,081Scope 1 Intensity: 353.22 tCO2e/$MRWEYear: 2024Scope 1: 53,242,042 tCO2eRevenue: $M 25,208Scope 1 Intensity: 2,112.12 tCO2e/$MYTL Power InternationalYear: 2023Scope 1: 3,921,000 tCO2eRevenue: $M 4,690Scope 1 Intensity: 836.04 tCO2e/$MSempraYear: 2023Scope 1: 6,800,000 tCO2eRevenue: $M 16,720Scope 1 Intensity: 406.70 tCO2e/$MAlgonquin Power & UtilitiesYear: 2023Scope 1: 2,081,332 tCO2eRevenue: $M 2,698Scope 1 Intensity: 771.43 tCO2e/$MAvistaYear: 2022Scope 1: 2,458,675 tCO2eRevenue: $M 1,710Scope 1 Intensity: 1,437.65 tCO2e/$MEVNYear: 2023Scope 1: 920,797 tCO2eRevenue: $M 3,981Scope 1 Intensity: 231.32 tCO2e/$MAceaYear: 2024Scope 1: 398,813 tCO2eRevenue: $M 4,242Scope 1 Intensity: 94.03 tCO2e/$MEnergy of Minas GeraisYear: 2024Scope 1: 42,861 tCO2eRevenue: $M 6,446Scope 1 Intensity: 6.65 tCO2e/$MAcwa PowerYear: 2023Scope 1: 63,750,000 tCO2eRevenue: $M 1,625Scope 1 Intensity: 39,222.78 tCO2e/$MEnelYear: 2024Scope 1: 20,210,000 tCO2eRevenue: $M 73,518Scope 1 Intensity: 274.90 tCO2e/$MAESYear: 2023Scope 1: 33,401,000 tCO2eRevenue: $M 12,668Scope 1 Intensity: 2,636.64 tCO2e/$MEnevaYear: 2023Scope 1: 2,709,612 tCO2eRevenue: $M 2,081Scope 1 Intensity: 1,302.38 tCO2e/$MZorlu Enerji Elektrik UretimYear: 2024Scope 1: 714,385 tCO2eRevenue: $M 839Scope 1 Intensity: 851.90 tCO2e/$MCanadian UtilitiesYear: 2024Scope 1: 696,000 tCO2eRevenue: $M 2,601Scope 1 Intensity: 267.56 tCO2e/$MTelecom PlusYear: 2024Scope 1: 80 tCO2eRevenue: $M 2,573Scope 1 Intensity: 0.03 tCO2e/$MOrigin EnergyYear: 2024Scope 1: 15,555,000 tCO2eRevenue: $M 10,656Scope 1 Intensity: 1,459.74 tCO2e/$MAtcoYear: 2024Scope 1: 713,000 tCO2eRevenue: $M 3,436Scope 1 Intensity: 207.54 tCO2e/$ME.ONYear: 2024Scope 1: 1,980,000 tCO2eRevenue: $M 83,373Scope 1 Intensity: 23.75 tCO2e/$MHeraYear: 2024Scope 1: 1,177,000 tCO2eRevenue: $M 13,589Scope 1 Intensity: 86.62 tCO2e/$M

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

In 2024, Hera reported a Scope 1 emissions intensity of 86.62 tCO₂e per millions USD. Compared to the peer group median of 375.71 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2024, Hera ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Hera's Total Carbon Footprint

In 2024, Hera reported a total carbon footprint of 12,902,900 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.05% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b

The largest contributor to Hera's total carbon footprint was Scope 3 emissions, accounting for 89.58% of the company's total carbon footprint, followed by Scope 1 emissions at 9.12%. a

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