Data and Indicators
Our sustainability performance represents a concrete and measurable expression of our strategic actions, enabling us to identify areas for improvement with a view to continuous growth.
Our sustainability strategy is expressed in priorities and concrete actions, which we monitor and check in our sustainability report through the use of precise data and indicators.
This enables us to establish a trusting and transparent relationship with our stakeholders, aiming to improve and grow together.
ECONOMIC AND FINANCIAL RESULTS
| u.m. | 2022 | 2021 restarted | 2021 | 2020 | |
|---|---|---|---|---|---|
| Revenue from sales and services | € Mln | 749 | 601 | 1.232 | 974 |
| EBITDA (adjusted) | € Mln | 537 | 399 | 580 | 481 |
| EBIT (adjusted) | € Mln | 308 | 198 | 304 | 183 |
| Profit (reported) | € Mln | 89 | 86 | 174 | 110 |
| of which attributable to the owners of the parent (reported) | € Mln | 85 | 84 | 173 | 108 |
| Total net financial indebtedness (reported) (1) | € Mln | 1,592 | 2,266 | 2,181 | 1,540 |
| Net invested capital (adjusted) | € Mln | 3,510 | 2,693 | 3,608 | 3,209 |
| Investments (2) | € Mln | 946 | 317 | 648 | 156 |
| Financial leverage (reported) | 44% | 59% | 58% | 47% |
(1) Reported net financial debt includes debt related to the application of IFRS 16 (equal to approximately €157m 2022; €214m 2021 restated). The financial debt (adjusted) amounted to €1,434m 2022; €2,051m 2021 restated.
(2) Property, plant and equipment and intangible assets and investments in Merger & Acquisition operations.
Total revenue in 2022 includes EUR 48 thousand in grants from Public Administration or the European Community for employee training. ERG Group does not donate to political parties.
ERG SHARES
| u.m. | 2022 | 2021 restarted | 2021 | 2020 | |
|---|---|---|---|---|---|
| Market capitalization | € Mln | 4,353 | 4,275 | 4,275 | 3,517 |
| Year-end reference price | € | 28.96 | 28.44 | 28.44 | 23.40 |
| Maximum price | € | 36.04 | 31.72 | 31.72 | 23.70 |
| Minimum price | € | 22.98 | 22.32 | 22.32 | 13.17 |
| Average price | € | 30.13 | 26.11 | 26.11 | 20.05 |
| Average volume | no. | 224,071 | 268,310 | 268,310 | 255,536 |
Maximum price recorded on 26 August 2022, lowest price recorded on 22 February 2022.
CUSTOMERS
GRI G4_EU3
| u.m. | 2022 | 2021 restarted | 2021 | 2020 | |
|---|---|---|---|---|---|
| Industrial customers | no. | - | 14 | 15 | 23 |
| Intercompany customers | no. | - | 15 | 16 | 27 |
| Site customers | no. | - | - | 9 | 10 |
| Electricity and GO traders and wholesalers | no. | 55 | 52 | 52 | 41 |
| Customers operating in the electricity system | no. | 20 | 22 | 22 | 21 |
| Operation & Maintenance customers | no. | 11 | 10 | 10 | 11 |
| Overall total | no. | 86 | 113 | 124 | 133 |
RECLASSIFICATION OF ADDED VALUE
GRI 202-1
| u.m. | 2022 | 2021 restarted | 2021 | 2020 | |
|---|---|---|---|---|---|
| Revenue | € Mln | 761 | 601 | 1,234 | 995 |
| Economic value distributed | € Mln | (455) | (382) | (869) | (705) |
| Production cost | € Mln | (141) | (115) | (388) | (391) |
| Remuneration of personnel | € Mln | (62) | (60) | (84) | (78) |
| Remuneration of public administration | € Mln | (82) | (57) | (93) | (47) |
| Remuneration of debt capital (1) | € Mln | (29) | (35) | (190) | (72) |
| Remuneration of risk capital (2) | € Mln | (139) | (114) | (114) | (115) |
| Remuneration for the community | Mln € | (2) | (1) | (1) | (2) |
| Economic value withheld by the Group | € Mln | 306 | 220 | 365 | 290 |
| Amortisation and depreciation | € Mln | (229) | (219) | (276) | (298) |
| Remuneration of the company | € Mln | 77 | 1 | 90 | (8) |
(1) Interest paid and other financial expenses to service debt.
(2) Dividends distributed by the Group net of extraordinary disbursements.
| u.m. | 2022 | 2021 restarted | 2021 | 2020 | |
|---|---|---|---|---|---|
| Net value added | € Mln | 761 | 601 | 1,234 | 995 |
| Production cost | € Mln | (141) | (115) | (388) | (392) |
| Remuneration of personnel | € Mln | (62) | (60) | (84) | (78) |
| Remuneration of public administration | € Mln | (82) | (57) | (93) | (47) |
| Remuneration of debt capital | € Mln | (29) | (35) | (190) | (72) |
| Remuneration for the community | € Mln | (2) | (1) | (1) | (2) |
| Amortisation and depreciation | € Mln | (229) | (219) | (276) | (298) |
| Profit before non-controlling interests | € Mln | 216 | 115 | 203 | 107 |
| Profit attributable to non-controlling interests | € Mln | - | - | - | - |
| Profit attributable to the owners of the parent | € Mln | 216 | 115 | 203 | 107 |
ERG GROUP’S PLANTS
| Installed capacity in MW at end of 2021 |
Installed capacity in MW at end of 2020 |
Installed capacity in MW at end of 2019 |
Production in GWh |
Plant availability(1) |
Incentive scheme |
|||||
|---|---|---|---|---|---|---|---|---|---|---|
| 2021 | 2020 | 2019 | 2021 | 2020 | 2019 | |||||
| WIND | ||||||||||
| Italy | 1,093 | 1,093 | 1,093 | 1,902 | 2,161 | 22% | 20% | 23% | Feed-in tariff, GRIN (former Green Certificates), GO (Guarantees of Origin) |
|
| Germany | 327 | 272 | 272 | 470 | 465 | 17% | 20% | 20% | Feed-in tariff | |
| France | 502 | 397 | 359 | 952 | 794 | 23% | 27% | 25% | Feed-in tariff | |
| Poland | 82 | 82 | 82 | 244 | 255 | 30% | 34% | 36% | Guarantees of Origin | |
| Bulgaria | 54 | 54 | 54 | 150 | 135 | 31% | 32% | 29% | Feed-in tariff | |
| Romania | 70 | 70 | 70 | 193 | 190 | 30% | 31% | 31% | Green Certificates |
|
| United Kingdom | 70 | - | - | - | - | - | - | - | Green Certificates (ROC) |
|
| Total Wind | 2,198 | 1,968 | 1,929 | 3,911 | 4,000 | 26% | 23% | 24% | ||
| WATER | ||||||||||
| ERG Hydro | 527 | 527 | 527 | 1,637 | 1,097 | 1,229 | 95,60% | 96.47% | 97.64% | GRIN (Green Certificates), RES (renewable sources), GO (Guarantees of Origin) |
| SUN | ||||||||||
| Italy | 141 | 141 | 141 | 216 | 228 | 226 | 80,60% | 81.30% | 81.70% | Feed-in Tariff |
| France | 79 | - | - | 24 | - | - | - | - | - | |
| Total Sun | 220 | 141 | 141 | 240 | - | - | - | - | - | |
| Total renewable sources |
2,636 | 2,597 | 5,236 | 5,455 | ||||||
| NATURAL GAS | ||||||||||
| ERG Power | 480 | 480 | 2,441 | 2,504 | 64.71% | 64.04% | TEE (energy efficiency certificates) (2) |
|||
| Total | 3,425 | 3,116 | 3,078 | 7,662 | 7,677 | 7,959 | ||||
| Electricity purchases |
6,497 | 7,220 | 7,161 | |||||||
| Total electricity sales |
14,160 | 14,897 | 15,120 | |||||||
1 The value of plant availability is calculated as follows: - “load factor” for wind farms is the ratio between the actual production values in relation to the theoretical maximum production values (calculated taking into account the actual commissioning of each individual wind farm); - the “1st principle overall performance” index for the thermoelectric plant is calculated in accordance with the procedures laid down by Italian Ministerial Decree of 5 September 2011 (CAR).
2 ERG Power does not have any free CO2 allowances under the EU-ETS regulation.
Health and Safety Metrics
| Occupational Illness Cases | u.m. | Men | Women | Total 2024 | Men | Women | Total 2023 |
|---|---|---|---|---|---|---|---|
| Occupational illness cases | n. | – | – | – | – | – | – |
| Occupational illness rate | % | – | – | – | – | – | – |
| Work-related fatalities | n. | – | – | – | – | – | – |
| Absenteeism rate (1) | % | 1.3 % | 1.7 % | 1.4 % | 1.6 % | 2.1 % | 1.7 % |
(1) The absenteeism rate refers only to Italian employees (number of days absent/working days)
Safety indicators do not include “non-employees”
| Internal Work Injuries | u.m. | Men | Women | Total 2024 | Men | Women | Total 2023 |
|---|---|---|---|---|---|---|---|
| Days lost | n. | – | – | – | 181 | – | 181 |
| Number of injuries | n. | – | – | – | 5 | – | 5 |
| Hours worked | h | 748,194 | 320,722 | 1,068,916 | 703,541 | 287,381 | 990,922 |
| Frequency rate (1) | n. | – | – | – | 7.1 | – | 5.1 |
| Severity rate (2) | n. | – | – | – | 0.3 | – | 0.2 |
(1) Recordable work injury rate calculated as (number of injuries × 1,000,000)/number of hours worked.
(2) Severity rate calculated as (number of days lost × 1,000)/number of hours worked
| External Work Injuries | u.m. | Men | Women | Total 2024 | Men | Women | Total 2023 |
|---|---|---|---|---|---|---|---|
| Third-party days lost | n. | 283 | – | 283 | 42 | – | 42 |
| Third-party number of injuries | n. | 5 | – | 5 | 1 | – | 1 |
| Third-party hours worked | h | 937,473 | – | 937,473 | 950,346 | – | 950,346 |
| Third-party frequency rate (1) | n. | 5.3 | – | 5.3 | 1.1 | – | 1.1 |
| Third-party severity rate (2) | n. | 0.3 | – | 0.3 | 0.0 | – | 0.0 |
(1) Recordable work injury rate calculated as (number of injuries × 1,000,000)/number of hours worked.
(2) Severity rate calculated as (number of days lost × 1,000)/number of hours worked.
| TOTAL WORK INJURIES (internal + external) | u.m. | Men | Women | Total 2024 | Men | Women | Total 2023 |
|---|---|---|---|---|---|---|---|
| Days lost | n. | 283 | – | 283 | 223 | – | 223 |
| Number of injuries | n. | 5 | – | 5 | 6 | – | 6 |
| Hours worked | h | 1,685,667 | 320,722 | 2,006,389 | 1,653,887 | 287,381 | 1,941,268 |
| Frequency rate (1) | n. | 3.0 | – | 2.5 | 3.6 | – | 3.1 |
| Severity rate (2) | n. | 0.2 | – | 0.1 | 0.1 | – | 0.1 |
(1) Recordable work injury rate calculated as (number of injuries × 1,000,000)/number of hours worked.
(2) Severity rate calculated as (number of days lost × 1,000)/number of hours worked.
| FIELD INSPECTIONS/AUDITS | u.m. | 2024 | 2023 |
|---|---|---|---|
| Field inspections on construction sites | n | 1,462 | 1,916 |
| Field inspections on contractors | n | 216 | 191 |
| Internal field inspections | n | 512 | 468 |
| Management systems audits | n | 24 | 29 |
| Total | n | 2,214 | 2,604 |
| Suppliers | u.m. | 2024 | 2023 |
|---|---|---|---|
| Suppliers (level 1) with at least 1 order in the year | n | 1,599 | 1,577 |
| Strategic suppliers (level 1) with at least 1 order in the year | n | 150 | 150 |
| Percentage spend of strategic suppliers | % | 73 % | 78 % |
| Strategic suppliers in level 2 level 3 | n | – | – |
| Suppliers with at least 1 order in the year having registered office or billing address in Italy | n | 647 | 701 |
| Suppliers with at least 1 order in the year with registered office or billing address in regions of plant presence in Italy | % | 31 % | 33 % |
| % spend on local suppliers (Italy / total) | % | 48 % | 48 % |
| Number of suppliers qualified in vendor list | n | 1,067 | 1,067 |
| Number of suppliers in vendor list qualified based on environmental parameters | n | 309 | 321 |
| Number of suppliers in vendor list qualified based on social parameters | n | 347 | 281 |
| Number of suppliers newly qualified in the year | n | 193 | 194 |
| Number of suppliers newly qualified in the year qualified based on environmental parameters | n | 64 | 52 |
| Number of suppliers newly qualified in the year qualified based on social parameters | n | 66 | 81 |
| Number of suppliers in development programs | n | 5 | 18 |
| Number of suppliers supported in corrective actions | n | 5 | 18 |
| Number of strategic suppliers in development programs | n | 5 | 18 |
| Average qualification time (number of days) | n | 46 | 31 |
| Value of tenders / total value of orders issued | % | 51 % | 78 % |
| Number of tenders / total number of orders issued | % | 29 % | 26 % |
SUPPLIERS
| 2021 | 2020 | 2019 | 2018 | 2017 | ||
|---|---|---|---|---|---|---|
| Active suppliers (transactions with at least one order) | no. | 1,731 | 1,685 | 1,736 | 1,772 | 1,564 |
| with registered offices or a billing address in Italy | no. | 58% | 58% | 63% | 65% | 71% |
| with registered offices or a billing address in the regions where our plants are located |
no. | 35% | 35% | 35% | 34% | 35% |
| % expenditure local suppliers (Italy/total) | 49% | 48% | 61% | 77% | 74% | |
| Qualified suppliers on Vendor List | no. | 1,086 | 1,058 | 997 | 990 | 920 |
| of which: qualified based on HSE parameters | no. | 334 | 256 | 231 | 223 | 226 |
| Newly qualified suppliers in the year | no. | 210 | 86 | 67 | 67 | 61 |
| of which: newly qualified based on HSE parameters | no. | 95 | 36 | 31 | 36 | 31 |
| Average qualification time | days | 58 | 49 | 41 | 59 | 103 |
| % of tenders (of total value of purchases) | 76% | 50% | 54% | 53% | 41% | |
| % of tenders (of total number of purchases) 25% 29 | 26% | 26% | 25% | 29% | 31% |