Sustainability
Sustainability guides every phase of our business
To facilitate the ecological transition, the rapid development of large-scale renewable energy is essential—and that’s why we have made it the foundation of our business model. However, this alone is not sufficient for sustainable development. The Paris Agreement commits the global community to achieve ambitious decarbonization goals, and we are aware that these actions must be accompanied by a strong sense of responsibility towards all our stakeholders, particularly in the regions where we operate. For us, the transition must also be just and equitable.
We have therefore adopted a sustainability policy that encompasses all aspects of our business, ensuring that the projects we develop have a strong focus on relevant environmental impacts at every stage, are socially inclusive, and that our company is managed according to the best practices of governance and transparency.
ESG principles (Environmental, Social, Governance) serve as fundamental levers for creating long-term value and are an integral part of our mission and corporate culture. These principles must be translated into practical operational measures that guide every choice and daily operation: from the definition of a new project to its execution on-site, and subsequently, through the management of the plant until the end of its life cycle.
We guarantee compliance with labour standards and human rights, as well as the absence of discrimination, in line with the ILO (International Labour Organization) Declaration on Fundamental Principles and Rights at Work. Our commitment to human rights is guided by international standards, including the UN framework “Protect, Respect, and Remedy,” highlighted in the “Guiding Principles on Business and Human Rights.” We are inspired by the ten principles of the UN Global Compact, integrating them into all business functions and monitoring the progress of this integration.
Environmental
Climate Change and Greenhouse Gas Emissions
Our core business centres on renewable energy, positioning us as key contributors in the global fight against climate change—a challenge that demands action from everyone, though in diverse ways.
While this reflects our strong commitment, it is only one part of our broader efforts to ensure that every aspect of our activities fully aligns with the principles of sustainability.
Objective: To invest in resilience measures to strengthen our adaptive capacity to climate change, transparently measure and report our carbon footprint, and implement a plan to reduce greenhouse gas (GHG) emissions, with the goal of achieving “net zero” by 2050 (across emissions categories or “scopes” 1, 2, and 3).
Energy Efficiency
We are committed to continuously seeking energy efficiency solutions across all stages of our operations, investing in low-impact production technologies to minimize consumption. We exclusively use clean energy to meet our needs.
Objective: To maintain constant monitoring and improvement of our energy management practices.
Our Rome headquarters holds ‘Gold Level’ certification under the LEED protocol, the world’s leading sustainable building rating system.
Biodiversity and Ecosystems
We recognize that the development of renewable energy can have negative impacts on biodiversity and ecosystems. To avoid these impacts – or at least minimize them – we integrate biodiversity assessments into the design and management of our plants, following the mitigation hierarchy principle (avoid, minimize, restore, and offset).
Objective: To protect and enhance biodiversity within and around our construction sites.
Land management
We carry out all our activities with a strong sense of responsibility, aiming to minimize environmental impact and ensuring sustainability in every intervention. We are dedicated to forest conservation and prioritize the reuse and rehabilitation of degraded land, while limiting the use of biodiversity-rich areas.
Objective: To minimize soil degradation and desertification.
Circular Economy
We have committed to minimizing resource use by applying circular economy principles at all stages of the production cycle.
Objective: To maximize the recovery of goods and materials through recycling and reuse, thereby minimizing the impact on natural resources.
Water Management
We are committed to the continuous improvement of water management practices, not only in areas experiencing high water stress.
Objective: To promote best practices in water resource management to ensure ongoing enhancement.
Waste Management
We evaluate the most effective solutions for reducing, reusing, and recycling our waste – both direct and indirect – thereby decreasing its volume and promoting the conservation of natural resources.
Objective: To ensure the highest level of reuse of our operational equipment and their recycling once they reach the end of their life cycle. We aim to dispose of waste and hazardous substances in accordance with applicable regulations.
Social
Community Engagement
In the planning and development of our projects, we adopt models that enhance collaboration with local communities by involving them from the early stages. This allows us to better understand their needs and implement more effective actions.
Objective: To listen to the needs of the local area in order to generate positive social, economic, and environmental impacts through constructive actions shared with local communities.
Cultural Heritage
We recognize and safeguard the intrinsic value of every culture, as well as all material assets and sites that hold archaeological, paleontological, historical, cultural, artistic, and religious significance, along with the unique natural environmental features that embody these values.
Objective: To preserve cultural heritage resources in accordance with applicable regulations, ensuring appropriate mitigation measures are in place in the event of the inadvertent discovery of cultural heritage sites or resources.
Health and Safety
In addition to prioritizing the health and safety of our employees, we extend this commitment to our suppliers and contractors. This involves strict adherence to all health and safety laws and the continuous maintenance of high protection standards.
Objective: To ensure a welcoming, safe, and healthy work environment for all employees, suppliers, and contractors.
Responsible Supply Chain
We require our suppliers and their subcontractors to comply with applicable laws and regulations, as well as the principles outlined in our Code of Ethics and Anti-Corruption Policy.
Objective: To implement and promote responsible practices towards society and our suppliers.
Worker Well-being
Our employees are our greatest asset. We promote flexible and remote working arrangements, provide supplementary healthcare benefits, protect the right to disconnect outside of working hours, and support a healthy work-life balance by accommodating personal needs.
Objective: To actively promote the work-life balance of our employees.
Diversity, Equity and Inclusion
We value diversity in all its forms: gender, age, ethnicity, and cultural background. Our commitment to diversity and inclusion extends to all levels of the organization (e.g., 40% female representation on the Board of Directors).
Objective: To maintain a positive and inclusive work environment, free from discrimination and harassment, ensuring pay equity and mutual respect to foster an environment characterized by parity and equality.
Human Rights
Beyond adhering to internationally recognized standards, we see respect and empowerment of individuals as key drivers of true operational success. Our focus extends not only to those within our supply chain but also to society at large.
We advocate for a transformation that embraces our relationship with the environment and fosters equitable, respectful interactions among individuals in all social and productive contexts.
Objective: To monitor the implementation of human rights policies and uphold the highest standards in labour practices throughout the entire value chain
Governance
Governance Structure
Our governance structure outlines roles, responsibilities, and relationships within the organization.
Objective: To maintain structured and transparent decision-making processes, as well as a clear and effective oversight and accountability chain.
Board Oversight
The Board of Directors oversees the strategy, ensuring the implementation and full adherence to ESG principles.
Objective: To support the company’s accountability in promoting continuous improvement in ESG performance.
Ethical Conduct
Business ethics are at the core of our operations. We invest in a culture of integrity through continuous training for management, employees, and suppliers.
Objective: To uphold the highest standards of ethical behaviour in all our activities.
Stakeholder Engagement
We involve all our stakeholders in the implementation of our activities, projects, and services. We listen to their needs and share goals and outcomes.
Objective: To actively engage with all our stakeholders through constructive dialogue to raise awareness and support a fair transition.