Hera SpA

Multi-Utilities
HER.MI
€ 3.4 0.84
Share price
$ 5.1 bn
Market Cap
$ 9.1 bn
Enterprise Value

Carbon footprint

114 Ton
GHG emissions per $ 1 mln investment
4x the weighted average for S&P 500
FY2020
How is this calculated?
-8.9%
YOY change in GHG emissions
In line with the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-2.6%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

Hera SpA aims to reduce Scope 1 + 2 by 33% by 2030 from a base year 2019


<2°C
Hera SpA's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Hera SpA's GHG emissions (market-based) (Kt of CO2e)
Hera SpA's Carbon intensity (Tons per 1 USDm)

Hera SpA's carbon footprint

Hera SpA reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 1,031 Kt (-100 /-8.9% y-o-y). Also positively, carbon intensity was down at 124 t (-21 /-14.6% y-o-y).

Hera SpA's Scope 3 emissions decreased sharply to 11,613 Kt (-882 /-7.1% y-o-y). There has been no consistent trend in recent years.

The company is committed to reducing Scope 1 + 2 by 33% by 2030 from a base year 2019, which translates into the estimated reduction of -27 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Company environmental metrics

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