Hera SpA

Multi-Utilities
HER.MI
€ 2.9 0.49
Share price
$ 4.6 bn
Market Cap
$ 9.7 bn
Enterprise Value

Carbon footprint

101 Ton
GHG emissions per $ 1 mln investment
2.9x the weighted average for S&P 500
FY2021
How is this calculated?
-0.4%
YOY change in GHG emissions
Weaker than the +0.5% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-2.9%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -8.2% weighted average for S&P 500
FY2022
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 (location-based) (Kt of CO2e)
Hera SpA's Carbon intensity (Tons per 1 USDm)

Hera SpA's carbon footprint

Hera SpA reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 982 Kt (-4.4 /-0.4% y-o-y). Also positively, carbon intensity declined to 78 t (-41 /-34.1% y-o-y).

Hera SpA's Scope 3 emissions was down at 11,317 Kt (-296 /-2.6% y-o-y). The rate of decline has slowed compared to the trend since 4Q'19 (CAGR -3.2%).

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 -28 Kt per annum over the period of FY2022 - 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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