Sustainability

We are a Life Company: we care about the quality of life of people and the future of the Planet. 
This is why our business model aims to create sustainable and shared value over time for us and for our stakeholders. We have taken as reference, for defining our strategy, 11 SDGs of the 2030 Agenda. A long-term strategy dedicated to the development of the Circular Economy and Energy Transition: the two pillars on which the Group's entire development plan is based. Without forgetting the enabling factors for a fair and just environmental transition (Digital, Governance and People Innovation).

We want to be among those who will lead the change in order to protect the future of the new generations since the fundamental elements of our identity - energy, water, environment - remain at the center of the path to promote that ecological transition that, as also discussed at the last COP in Glasgow, the world urgently requires.

The Integrated Report is a very important annual occasion, which allows us to get in touch with our stakeholders, analyze and report on our commitment and attention to issues related to economic, environmental and social sustainability.

The Report is prepared according to the GRI Standards of the Global Reporting Initiative (GRI) and, for some indicators, follows the GRI G4 Electric Utilities Sector Supplement. The document also makes reference to the Integrated Reporting Framework (IR Framework), outlined by the International Integrated Reporting Council (IIRC). Adhering to the principles of Integrated Reporting also allows us to illustrate the process by which we create value over time, through the analysis of the capitals that influence and are influenced by the Group's activities.

Since 2020, the Group has applied within its Integrated Report the guidelines of the TCFD (Task Force on Climated-Related Financial Disclosures), which guide companies to communicate to investors and stakeholders in a clear and comparable way the information needed to assess climate-related risks and opportunities.  Thanks to its commitment, A2A won second place in the "Best Climate-Related Reporting" category for climate change reporting in the ESG Investing Awards. 

In May 2021, A2A adopted a new Sustainable Finance Framework which, for the first time in Italy, combines two different approaches - Green/Use of Proceeds and KPI-Linked.
The new Framework includes a set of KPIs reflecting the two pillars of A2A's strategic plan: Energy Transition and Circular Economy. The Sustainable Finance Framework was updated in February 2022 (with a Second Party Opinion issued by Vigeo Eris), aligning with the Green Bond Principles (2021) and the Sustainability-Linked Bond Principles (2020), the Green Loan Principles (2021) and the Sustainability-Linked Loan Principles (2021).

A2A believes that the issuance of sustainable financial instruments can contribute positively to promoting the transition to a low-carbon economy, and during 2021, A2A inaugurated new financial transactions that highlighted the holistic nature of the Group as an issuer in the capital market, such as: the first Share Buyback program with a donation to the Banco dell’Energia , new revolving Credit Facility KPI-Linked, Sustainability-Linked Bond and Green Bond.