How we create value
We are the top gas distributor in Italy and Greece and the third in Europe. Our history spans over 185 years, throughout which we have always looked to the future.
We have brought gas into the homes of Italians and contributed to the country's economic and social development and – today – we are committed with our network to guiding it through the challenges of energy transition and security.
Over 185 years always looking ahead
Title: Over 185 years always looking ahead
Yesterday: Essential for the development of the country, distributing gas to all Italians
Today: Top distributor of gas in Italy, third in Europe
Tomorrow: Supporting the countries where we operate with the energy transition and in achieving energy security, through the development and digitisation of networks, for the distribution of green gases (biomethane, hydrogen, synthetic methane).
Our identity card
in Italy and Greece
of gas distribution network managed
of gas distributed
customers served
What drives us
We're driven by the future we want
VISION: LOOKING TO THE FUTURE
To be a leading figure in the world of energy, driving its sustainable evolution and innovating each day to improve people’s quality of life.
MISSION: DAILY PRESENCE
We have guaranteed efficient, safe and excellent energy services to the community for over 180 years. We favour the energy transition, creating the networks of the future and promoting innovative, sustainable solutions. We take care of local communities. We fuel positive, productive relationships with all of our stakeholders: individuals, companies, suppliers and shareholders. We enter new markets where we can apply our distinctive expertise. We promote the growth of individuals and develop talent, creating inclusive, stimulating work environments.
PURPOSE: BECAUSE WE ARE UNIQUE
Pioneers by passion and builders by calling, we bring all our energy to accelerate the ecological transition. We do it for us. We do it for everyone.
Find out how we transform values into value by reading our Strategy
Our work
We distribute gas and water, work towards energy efficiency and explore the potential of digital technology: we serve the territory and the future. Sustainable.
Sectors, operating companies and main activities
Sectors of activity | Gas distribution | Energy efficiency | Integrated water service | Information Technology |
|---|---|---|---|---|
Operating companies | Italgas Reti S.p.A. (Italy), | Geoside S.p.A | Italgas Acqua S.p.A. | Bludigit S.p.A. |
Main activity | Gas distribution and metering | Energy consultancy and services aimed at families and Public Administration. | Management of the integrated water service in 5 Campania municipalities. | Providing state-of-the-art proprietary digital solutions to the energy and other industries. |
A sustainable and winning approach
Our sustainable approach includes an across-the-board focus on strategy (with challenging ESG goals), governance (with the centrality of sustainability management by the Board of Directors and the Sustainable Value Creation Committee), initiatives (with excellent sustainability performance) and, finally, transparency of the information provided to our stakeholders. This also led to the improvement of our sustainability ratings in 2022 and the inclusion of our stock in a growing number of leading SRI indices.
As of December 2022, Italgas was confirmed for the second consecutive year in the Dow Jones Sustainability Index Europe and for the fourth consecutive year in the Dow Jones Sustainability Index World. The two indexes comprise the world and European leaders of sustainability selected by S&P Global every year, on the basis of the score achieved on the Corporate Sustainability Assessment (CSA). With a score of 91 points out of 100 (score date 18 November 2022), Italgas ranked first out of 47 companies in the Gas Utilities Industry. Based on the result achieved in CSA 2022, in February 2023 Italgas was also reconfirmed in the Sustainability Yearbook and included in the “Top 1% S&P Global ESG Score” category. | |
Since 2017, CDP (Carbon Disclosure Project) has recognised Italgas as an international leader for the strategies and actions implemented to combat climate change. In 2022, the Italgas Group was included for the first time in the “A-list” of leaders in the fight against climate change. | |
Since 2017, Italgas stock has been included in the FTSE- 4Good index series. FTSE4Good gave a positive review of the Group’s responses to the rigorous criteria of the independent FTSE methodology in relation to environmental, social and governance (ESG) issues. | |
As of October 2021, Italgas’ stock was included in the MIB ESG Index, the first blue-chip index for Italy dedicated to Environmental, Social and Governance (ESG) best practices of Borsa Italiana, part of the Euronext group. | |
Italgas shares are included in several MSCI indices. | |
In October 2022, the rating agency ISS (Institutional Shareholder Services) confirmed the A- rating and Prime rating status to Italgas within the ISS ESG Corporate Rating. The analysis focuses on companies’ management of ESG issues, based on various criteria, most of which are specific to their sector; Italgas achieved the “Prime” rating, demonstrating that it is an industry leader in terms of sustainability performance. | |
In July 2022, Moody’s ESG Solutions recognised Italgas’ commitment to sustainability with an “Advanced” rating, thanks to an overall improvement of 10 points over the previous year’s rating. Progress was mainly driven by the actions taken and the additional commitments made by the Group in the environmental, social and governance spheres. | |
In September 2022, Italgas received an ESG Risk Rating of 15.08 from Sustainalytics and was rated Low Risk of su.ering material financial impacts from ESG factors. |
Italgas shares are also included in the Stoxx and EuroStoxx indices, as well as in the indices
of other operators.