Iveco Group NV

Common Name
Iveco Group
Country
Italy
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Employees
36,000
Ticker
IVG
Exchange
EURONEXT MILAN
Description
Iveco Group N.V. is a prominent manufacturer and supplier of commercial and specialty vehicles, assembling a comprehensive range of buses, trucks, firefighting, and defense vehicles globally. Its purp...

Iveco Group Energy Data Preview

In 2023, Iveco Group disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Iveco Group disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Iveco Group also reported the types of energy sources as well as generation technologies, helping stakeholders evaluate Iveco Group's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy 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 Iveco Group's Energy Renewability

In 2023, Iveco Group consumed a total of 3.03 million Gigajoules of energy across its operations. Of this total, 44.91% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 55.09% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Iveco Group's Energy Renewability Rate

45%

How much of Iveco Group's energy consumed is renewable?

In 2023, Iveco Group consumed a total of 3.03 million Gigajoules of energy, of which 44.91% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This moderate level of renewable energy adoption indicates that Iveco Group is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are Iveco Group's energy practices becoming more sustainable?

Since 2021, Iveco Group's total energy consumption decreased by 6.68%, and remained stable in 2023, suggesting earlier reductions may have leveled off.

Over the same period, the share of renewable energy in Iveco Group's consumption increased by 5.62%, including a 2.18% increase in 2023, showing consistent progress in clean energy adoption.

Overall, Iveco Group’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Iveco Group's Renewable vs Non-renewable Energy Over Time

2.05 M554.78 k2.05 MGigajoules (GJ)20212022202343%44%45%57%56%55%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Iveco Group's Energy Consumption & Production Mix

In 2023, Iveco Group disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Iveco Group's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Iveco Group's Energy Consumed by Sources and Technologies

Solar Energy andElectricity(Unspecified Source)(43.9%)Natural Gas(29.3%)Heat(Unspecified Source)and Steam(Unspecified Source)(20.7%)

What are the main sources and generation technologies behind Iveco Group's energy consumption?

In 2023, Iveco Group's total energy consumption was primarily sourced from

  • Solar Energy and Electricity (Unspecified Source) (43.88%)
  • Natural Gas (29.3%)
  • Heat (Unspecified Source) and Steam (Unspecified Source) (20.66%)

How diverse is Iveco Group’s energy consumption mix?

In 2023, Iveco Group consumed energy from 5 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source.

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