Hera SpA

Common Name
Hera
Country
Italy
Sector
Utilities
Industry
Utilities - Diversified
Employees
9,832
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 2023, 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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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Hera's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hera amounted to 1,076,700 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Hera increased by 14.96%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Hera's Scope 1 Emissions Over Time

201920202021202220230250 k500 k750 k1 MtCO2e0%-5%0%
  • Total Scope 1
  • Year-over-Year Change

What are Hera's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hera were 935,700 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Hera's Scope 1 emissions remained relatively stable, indicating that Hera's emissions have plateaued with no significant change in its operational footprint.

What are Hera's Scope 2 emissions?

In 2023, Hera reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method, and 141,000 tCOâ‚‚e using the location-based method.

What methodology does Hera use for Scope 2 reporting?

In 2023, Hera reported its Scope 2 emissions using the market-based method and using the location-based method.

Hera's Scope 2 Emissions Over Time

20192020202120222023040 k80 k120 k160 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Hera's Value Chain Emissions

In 2023, Hera reported 11,692,495 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Hera includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Hera's Scope 3 Emissions Over Time

2019202020212022202303.5 M7 M10.5 M14 MtCO2e+9%+1%+5%-5%
  • Total Scope 3
  • Year-over-Year Change

What are Hera's Scope 3 emissions?

In 2023, Hera reported total Scope 3 emissions of 11,692,495 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 43.03% of these emissions originated from upstream activities such as purchased goods and capital goods, while 56.97% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Hera reduced its Scope 3 emissions over time?

Since 2019, Hera's Scope 3 emissions have remained relatively stable, indicating that Hera 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), Hera's Scope 3 emissions remained relatively stable, indicating that Hera 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Hera disclose?

In 2023, Hera reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

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 2023, the largest contributors to Hera's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 6,100,146 tCOâ‚‚e (52.17%)
  • Fuel- and Energy-Related Services (Cat. 3): 4,960,813 tCOâ‚‚e (42.43%)
  • Processing of Sold Products (Cat. 10): 386,161 tCOâ‚‚e (3.3%)

Hera's Scope 3 Emissions by Categories

Processing of SoldProducts (Cat. 10)(3.3%)Fuel- andEnergy-RelatedServices (Cat. 3)(42.4%)Use of Sold Products(Cat. 11)(52.2%)

Insights into Hera's Total Carbon Footprint

In 2023, Hera reported a total carbon footprint of 12,769,195 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.17% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Hera's total carbon footprint was Scope 3 emissions, accounting for 91.57% of the company's total carbon footprint, followed by Scope 1 emissions at 7.33%.

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