Our commitment against climate change
Our Net-Zero Transition Plan
Building on this transformation, ERG has developed a structured Net Zero Transition Plan that translates its climate ambition into a clear set of actions, integrating long-term decarbonization objectives with intermediate milestones, dedicated investments and governance mechanisms. The transition plan is embedded in ERG’s industrial strategy and is supported by a quantified multi-year capital allocation framework.
ERG has defined specific investment targets to implement its transition plan, allocating substantial financial resources to the expansion of renewable capacity, technological innovation and operational efficiency improvements. These investments are planned over defined time horizons and are systematically aligned with decarbonization objectives, ensuring consistency between financial planning and climate targets. Progress against both climate and investment commitments is monitored through dedicated KPIs, regularly reviewed at management level and linked to incentive and remuneration systems.
ERG actively engages with a broad range of stakeholders to support the implementation of its transition plan, including suppliers across its value chain, industry peers, financial partners, public institutions and local communities. This engagement enables alignment on decarbonization pathways, promotes the adoption of sustainable practices along the supply chain and contributes to the development of a more resilient and low-carbon energy system. Moreover, ERG evaluates the potential social implications of its transition through its Double Materiality process, covering impacts across its own operations, supply chain and local communities.
This ensures that decarbonization actions are implemented in line with just transition principles, promoting fairness, stakeholder inclusion and the protection of human rights. Through this integrated approach - combining climate ambition, quantified investments, governance mechanisms, incentive systems and stakeholder engagement - ERG ensures consistency between its transition plan and long-term value creation for society.
Our emissions
| Category | Scope | Emissions (tCO2e) 2025 |
|---|---|---|
| Fuel use for the company fleet | Scope 1 | 1023 |
| F-gas top-ups | Scope 1 | 304 |
| Natural gas consumption for building heating | Scope 1 | 11 |
| Electricity consumption (owned plants) | Scope 2 | 32 |
| Electricity consumption (IFRS 16 leases) | Scope 2 | 1 |
| Purchase of goods and services | Scope 3 | 23507 |
| Capital goods | Scope 3 | 78849 |
| Fuel- and energy-related activities (not included in Scope 1 or Scope 2) | Scope 3 | 774 |
| Upstream transportation and distribution | Scope 3 | 3135 |
| Waste generated by operational activities | Scope 3 | 56 |
| Business travel | Scope 3 | 705 |
| Employee commuting | Scope 3 | 705 |
| Upstream leased assets | Scope 3 | 3 |
| Total Scope 1 | 1338 tCO2e (share 1.2%) | |
| Total Scope 2 | 34 tCO2e (share 0.0%) | |
| Total Scope 3 | 107735 tCO2e (share 98.7%; −48% YoY) | |
| Total Emissions | 109107 tCO2e |
Scope 1 Emissions
Our direct emissions (“Scope 1 emissions”) are mainly generated by losses of:
- SF6 (sulfur hexafluoride) from certain high‑voltage equipment;
- F-gases (fluorinated gases) from air‑conditioning systems;
- use of company vehicles: we have adopted a compensation policy whereby we offset CO2 emissions every year through “green” projects.
Scope 2 Emissions
Our indirect greenhouse gas emissions (“Scope 2 emissions”) from energy consumption are generated by the purchase of electricity from the grid, which is required for the operation of our plants, as well as by shared services for offices. In mid‑2016, the ESG Committee approved a project aimed at sourcing energy from renewable sources for all Group utilities, wherever technically feasible.
This has allowed us, over the years, to record a steadily increasing share of energy consumption from renewable sources, increasing from 51% in 2016 to 90% in 2020, reaching 99% in 2025.
| Year | Total energy consumption (MWh) | Green energy consumption (MWh) | Renewable energy consumption (%) |
|---|---|---|---|
| 2022 | 19510 | 18120 | 93% |
| 2023 | 21740 | 20810 | 96% |
| 2024 | 29341 | 28361 | 97% |
| 2025 | 30092 | 29873 | 99% |
Scope 3 Emissions
We report all 8 categories applicable to us. In 2025, the share of emissions calculated on the basis of primary data accounted for 42% of total Scope 3 emissions.
These mainly relate to:
-
Product LCA (Life Cycle Assessment) for wind turbines, solar panels, and batteries
-
Purchase of goods and services
-
Upstream transportation and distribution
In the coming years, a further reduction in intensity is expected thanks to:
- Selection of suppliers that have implemented ESG strategies, under the “Sustainable Procurement” project;
- Decarbonization projects to be implemented by the suppliers themselves.
Avoided CO2: renewables for the future of the planet
Thanks to the production of clean energy (wind and photovoltaic), ERG avoids the emission of several million tonnes of CO2 every year: in 2025, the estimated value amounted to 2,513 kt of CO2, equivalent to 5,026 London–New York flights3.
3 It is assumed that a return flight from London to New York generates approximately 1,000 kg of CO2 per passenger; assuming around 500 passengers per flight, this corresponds to 500 tonnes of CO2 per flight.