Iren SpA

Common Name
Iren
Country
Italy
Sector
Utilities
Industry
Utilities - Diversified
Employees
11,862
Ticker
IRE
Exchange
EURONEXT MILAN
Description
Iren S.p.A. is a prominent multi-utility company based in Italy, specializing in the production and distribution of electricity, thermal energy for district heating, gas, and potable water. Founded th...

Iren's Climate Target Data Preview

As of 2024, Iren has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets and 2 intensity-based target targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Iren ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
2030
Absolute-based Target
Scope 3 - Fuel- and Energy-Related Services (Cat. 3)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
2030
Intensity-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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a
2027
Intensity-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced
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a
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Iren’s Climate Targets 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 Iren’s data sources below and access millions more through our Disclosure Search.

a. Iren's Integrated Report 2024
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b. Iren's Sustainability Report 2023
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Insights into Iren's Greenhouse Gas Emissions Pathways

As of 2024, Iren has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b

Does Iren have a target to reduce the emissions from its operations?

As of 2024, Iren has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Iren's most ambitious operational target is to reduce these emissions by 47% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Watt-hour (Wh) of Electricity Produced in 2020. a

As of 2024, Iren is lagging behind on its operational emissions reduction target, having achieved 10.89% of the planned reduction. a

Iren's Operational (Scope 1+2) Emissions Pathway

202020242027203000000Current (-5%)Target 2030 (-47%)

Does Iren have a target to reduce the emissions from its value chain?

As of 2024, Iren has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. a b

Iren's most ambitious value chain target is to reduce these emissions by 25% by 2030, compared to a baseline of 2,464,655 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a b

As of 2024, Iren is on track to meet its value chain emissions reduction target, having achieved 40% of the planned reduction. a b

Iren's Value Chain (Scope 3) Emissions Pathway

2020202420300650 k1.3 M1.95 M2.6 MCurrent (-10%)Target 2030 (-25%)
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