Erg
Erg, officially known as Erg S.p.A., is a prominent player in the energy sector, headquartered in Italy. Founded in 1938, the company has evolved significantly, establishing a strong presence in renewable energy and traditional power generation across Europe. Erg is renowned for its commitment to sustainability, focusing on wind and solar energy solutions that set it apart in a competitive market. With a diverse portfolio that includes electricity generation, energy trading, and integrated energy services, Erg has positioned itself as a leader in the transition towards greener energy sources. The company has achieved notable milestones, including significant investments in renewable projects, which have bolstered its market position. Erg's innovative approach and dedication to environmental responsibility continue to drive its success in the ever-evolving energy landscape.
DitchCarbon Score
How does Erg's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electricity Transmission industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Erg's score of 51 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Erg's reported carbon emissions
In 2023, ERG S.p.A. reported total carbon emissions of approximately 174,000,000 kg CO2e, comprising 1,133,000 kg CO2e from Scope 1, 208,000 kg CO2e from Scope 2, and a significant 172,697,000 kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, with all three scopes disclosed. ERG has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2040, using 2020 as the base year. The company has established near-term targets to reduce Scope 1 and 2 GHG emissions by 72% per MWh by 2027 and to increase its sourcing of renewable electricity from 94% in 2020 to 100% by 2030. Additionally, ERG plans to reduce Scope 1 and 3 emissions from fuel and energy-related activities by 70.4% per MWh by 2027. Long-term goals include a 94.8% reduction in Scope 1 and 2 emissions from power generation by 2040 and a 95.3% reduction in Scope 1 and 3 emissions related to sold electricity within the same timeframe. Furthermore, ERG aims to cut all other Scope 3 emissions by 97% per MWhe by 2040. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect ERG's commitment to sustainable practices within the electric utilities sector. The emissions data and climate commitments are cascaded from the parent company, ERG S.p.A., ensuring a unified approach to sustainability across its corporate family.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,230,000,000 | 0,000,000,000 | 00,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 000,000 | 0,000,000 |
| Scope 2 | - | - | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000 | 000,000 |
| Scope 3 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Erg is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
