Italgas recognized with ‘A’ score for transparency on climate change by CDP (Carbon Disclosure Project)

Milan, 13 December 2022 – Italgas is confirmed as one of the leading companies worldwide for its commitment in the fight against climate change.

In fact, the Company was included for the first time Italgas in the "A-list" of CDP (Carbon Disclosure Project) that groups sustainability leaders worldwide based on transparency and performance on climate change. The result is based on the data reported through CDP’s 2022 Climate Change questionnaire and marks the second consecutive year of improvement for Italgas.

This year CDP analysed more than 15,000 companies worldwide investigating the topic of climate change, forests and water security. Only 330 of them achieved the ‘A-level’ of which 283 for climate change and 6 in Italy¹. CDP assessment considers the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, including setting of ambitious targets.

The rating improvement is a further recognition of the Company's strong focus on environmental targets that the 2022-2028 Strategic Plan, presented to the market last June, revised upwards (-34% in Scope 1 and 2 gas emissions, -30% in Scope 3 emissions, -27% in energy consumption by 2028, baseline 2020, net Zero by 2050).

The positive outcome of the CDP survey follows the recent affirmation of Italgas in the Dow Jones Sustainability Indexes Europe and World, thanks to first place for the Gas Utilities sector in the S&P Global CSA with a score of 91 points out of 100.

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¹of which 5 for climate change