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Italgas: Sustainability Yearbook inclusion confirmed

Milan, 18 February 2026 – Italgas has been included for the seventh consecutive year in the Sustainability Yearbook by S&P Global, the annual publication that brings together the global sustainability leaders.

 

For 2026, Italgas has confirmed its position among the top performers- with a score of 92/100- by securing a place in the “Top 1% S&P Global CSA Score” category, based on the results of the 2025 Corporate Sustainability Assessment (CSA 2025). Out of more than 9,200 companies assessed, 848 were selected for inclusion in this edition.

 

The recognition adds to the major sustainability achievements recorded by Italgas over the past 12 months, such as the inclusion in the FTSE4Good index series, the confirmation of the inclusion in CDP’s “A-List” for Climate Change, the AA rating by MSCI ESG Ratings, as well as the “Low Risk” rating from Sustainalytics, indicating a low level of exposure to material financial impacts from ESG factors.

Italgas: Italy’s first plant for the production of green hydrogen directly connected to a city distribution network inaugurated in Sardinia

  • Called Hyround, it is located in Sestu (Cagliari) and will supply users connected to the network, a fleet of public transport buses and the production process of a food industry.   
  • The Minister for the Environment and Energy Security, Gilberto Pichetto Fratin, attended the event.  
  • Italgas CEO Paolo Gallo: “Focus on research and development to accelerate the decarbonisation of consumption”. 

 

Sestu (Cagliari), 2 October 2025 – Hyround, Italy’s first green hydrogen production plant directly connected to a city gas distribution network, was inaugurated today in Sestu (Cagliari).   

Among those attending the ribbon-cutting ceremony were the Minister of the Environment and Energy Security, Gilberto Pichetto Fratin; the President of the Regional Council of Sardinia, Piero Comandini; the Mayor of Cagliari, Massimo Zedda; the Mayor of Sestu, Maria Paola Secci; the Chairman of Italgas, Paolo Ciocca; the CEO of Italgas, Paolo Gallo; and the CEO of Italgas Reti, Pier Lorenzo Dell’Orco 

“Today, with Italgas, Sardinia and Italy are taking a leap into the future – said Gilberto Pichetto Fratin, Minister of the Environment and Energy Security -. This is the energy transition stepping out of textbooks and becoming an industrial and social reality. Hydrogen, the most widespread molecule in the world, is at the center of many projects, and our government believes in it. With the support of modern digital technologies, Sardinia is becoming a national and European laboratory of the tangible sustainability we constantly strive for, and which today Italgas, with the launch of the first residential hydrogen energy community, is making real”.  

By investing in the development of a green hydrogen production plant,” commented Italgas CEO Paolo Gallo, “we have chosen the future. This is not just about producing hydrogen, but about demonstrating that research and development are the key drivers to accelerate the decarbonization of consumption. Technological neutrality and the integration of new energy sources allow us to address the energy trilemma: security of supply, environmental sustainability, and cost competitiveness. Sardinia stands as a tangible example of this vision of the energy future—a future built on state-of-the-art gas networks, capable of accommodating renewable gases and complementing electricity grids on the path to net zero by 2050.  

Hyround confirms the central role of renewable gases and gas distribution networks as key elements of the energy transitioncommented Pier Lorenzo Dell’Orco, Italgas Reti CEO . The plant, designed and built entirely in-house leveraging the Group’s know-how and expertise, is the first example in the EU of the use of hydrogen and methane blending for end-use purposes and enhances the use of hydrogen at the domestic level, making Sestu a virtuous and replicable model”.  

The production plant is based on Power-to-Gas technology, which converts electricity into hydrogen through a process of water electrolysis. The hydrogen produced is intended for multiple uses, both in pure form to power a fleet of buses for local public transport and blended with natural gas for subsequent distribution to customers in Sestu. It will also be used to supply the production process of a local dairy industry. The electricity that powers a 0.5 MW electrolyser is generated by a photovoltaic array, consisting of 1,746 panels with a peak power of 1 MW, built in an area adjacent to the plant. The methods of hydrogen utilization are governed by an Operational Protocol signed by Italgas, the Ministry of the Environment and Energy Security (MASE), and the Italian Gas Committee (CIG) 

Initial production is approximately 21 tons of hydrogen per year, expected to increase to 70 tons per year by 2028. The project involved an investment of approximately €15 million, of which €1.5 million from the National Recovery and Resilience Plan (NRRP) for the construction of the hydrogen refueling station for vehicles.    

Hyround covers the entire value chain: from production to storage and distribution, with the aim of demonstrating how, with the contribution of the gas system – thanks to the extensive reach of the networks and their virtually unlimited storage capacity – the decarbonisation goal of key sectors such as transportation, industry and residential use is achievable in the medium term.   

The choice of Sardinia is no coincidence: the Italgas Group has built the most advanced gas distribution networks in the country on the island: “native digital” networks which, in addition to bridging the gap in natural gas supply in 2020 through a tailor-made supply system, are already ready to accommodate different gases, including renewable ones such as biomethane, hydrogen and synthetic methane. 

In this sense, hydrogen has a dual strategic importance, not only as a carrier but also as a means of energy storage. Hyround demonstrates that one of the most effective ways to store electricity produced from renewable sources is not through accumulators – for which the country does not have the necessary raw materials – but through its conversion into a clean carrier such as hydrogen. This gas, even when mixed with others, can be easily injected into existing networks, quickly transported from one point to another in the distribution system and stored or transformed according to usage needs. 

Hyround implements the principle of sector coupling which, based on the integration of gas and electricity systems, strengthens the overall flexibility and resilience of the country’s energy system.   

The name Hyround is inspired by the principles of cyclicality, regeneration and continuity: key elements of an increasingly sustainable energy system linked to renewable energies, including gases. 

Italgas: S&P Global Ratings assigns BBB+ rating

Milan, July 1 2025 – The rating agency S&P Global Ratings today assigned to Italgas S.p.A. (“Italgas”) and Italgas Reti S.p.A. (“Italgas Reti”) a long-term Issuer Rating of BBB+, Stable Outlook.

 

The rating action follows the completion of 2i Rete Gas S.p.A. (“2i Rete Gas”) acquisition and the subsequent merger by incorporation of 2i Rete Gas into Italgas Reti, effective as of today.

 

The same BBB+ rating has been extended to the outstanding bonds issued by Italgas, as well as to those originally issued by 2i Rete Gas and now assumed by Italgas Reti.

 

The rating reflects Italgas’ position as the leading gas-distribution operator in Europe, strengthened by the acquisition of 2i Rete Gas and by the anticipated operational efficiencies and additional synergies arising from the integration of the two companies.

 

The agency also highlights Italgas’ sound liquidity profile, further supported by the capital increase recently completed on June 24th 2025.

3rd edition – Sustainability for SMEs

Attention to ESG factors is today an essential element for the competitiveness and resilience of companies. The ability to integrate sustainability into business models is an increasingly important requirement for risk management and access to new market opportunities.

In this context, Italgas is committed to promoting and encouraging a sustainable approach not only within its Group, but also along the entire supply chain. In line with the objectives outlined in the 2024-2030 Sustainable Value Creation Plan, Italgas is supporting the third edition of the SME Path, a training initiative promoted by Sustainability Makers, an Italian association that has been bringing together sustainability professionals for almost twenty years and has been working in the definition and implementation of corporate strategies in this field.

Objectives and recipients

The course is aimed at those who, within companies with fewer than 250 employees, oversee sustainability issues. Through a cycle of online meetings, participants will have the opportunity to deepen key aspects for the integration of sustainability in business processes, with a focus on strategies, reporting, certification and ESG rating.

How to participate

Participation in the course is free of charge.

To apply, you must send by 16 April 2025:

  • Short CV of the candidate
  • Completed questionnaire with company information

Applications should be sent to segreteria@sustainability-makers.it. Individual applicants will be notified of the outcome of the selection process by 30 April 2025.

Benefits for participants

  • Certificate of attendance for those who attend at least 80% of the course
  • Mentorship: selected participants who enrol in Sustainability Makers in 2025 will have access to mentorship by a senior associate until 31 December 2025

For further details, please consult the attached flyer.

Italgas confirmed in the S&P Global Sustainability Yearbook

Milan, 11 February 2025 – Italgas has been included for the sixth consecutive year in the Sustainability Yearbook, S&P Global’s annual publication that brings together the global sustainability leaders.

 

Italgas confirmed its leadership with inclusion in the “Top 1% S&P Global CSA Score” category, based on the results of the 2024 Corporate Sustainability Assessment (CSA 2024). 780 companies, out of more than 7,690 assessed, were included in the S&P Global Sustainability Yearbook 2025 based on ESG scores in CSA 2024.

 

The confirmation of the inclusion in the S&P Global Sustainability Yearbook follows other major milestones achieved by Italgas in the past 12 months, such as inclusions in the DJSI Europe, DJSI World and in the FTSE4Good index series, the confirmation of the inclusion in CDP’s “A-List” for Climate Change, of the AA rating by MSCI ESG Ratings, of the “Low Risk” rating of suffering material financial impacts from ESG factors by Sustainalytics, as well as the improvement of ESG Assessment score by Moody’s.

Italgas confirmed in the Carbon Disclosure Project’s “Climate A list”

Milan, 7 February 2025 – Italgas was confirmed for the third consecutive year in the “Climate A list” drawn up by the non-profit agency CDP (Carbon Disclosure Project), which brings together the best players globally for transparency and performance in the fight against climate change.

This year, CDP assessed more than 24,800 companies. In this context, Italgas positioned itself at the top of the ranking in the “Climate Change” section of the questionnaire by obtaining the highest score (rating “A”). In addition, the Group achieved a “B” rating in the “Water Security” section, compiled for the first time in 2024.

The result achieved testifies to the validity and robustness of the Group’s initiatives and targets set in the Strategic Plan and the Sustainable Value Creation Plan, confirming its growing commitment to the fight against climate change. Indeed, the CDP assessment considers the comprehensiveness of disclosure, awareness and management of environmental risks as well as the demonstration of best practices associated with environmental leadership, including the setting of ambitious targets.

Important is also the result achieved in the section on Water Security. The outcome of this first assessment highlights the commitment toward reducing leakage from the water network, as highlighted in the goals of the Strategic Plan 2024-2030.

2i Rete Gas: L’Assemblea degli Azionisti di 2i Rete Gas approva il Bilancio 2023

L’ASSEMBLEA DEGLI AZIONISTI DI 2i RETE GAS APPROVA IL BILANCIO 2023

Milano, 24 aprile 2024 – L’Assemblea Ordinaria degli Azionisti di 2i Rete Gas S.p.A. ha approvato in data odierna il bilancio d’esercizio e il bilancio consolidato al 31 dicembre 2023 e ha deliberato la distribuzione di un dividendo pari a 125 milioni di euro.

 

La Relazione finanziaria annuale consolidata al 31 dicembre 2023 è disponibile al pubblico sul sito internet della società www.2iretegas.it.