As a Life Company, our role is that of regenerating the potential of every resource by pursuing a model of production and circular use of energy, heat, water and material; this means that clean energy can be infinite when we generate it from the sun, from water and from the wind. We believe that waste does not exist, only resources: everything can be regenerated and recycled so as to create new energy and new material.
Energy transition and circular economy are the mainstays of our 2024-2025 Business Plan and the two closely related souls of our ecological transition model. A single and measurable business model that firmly creates synergies in the spheres of energy, water, heat and waste.
The synergies of this integrated and diversified multi-business model ensure strategic flexibility and safeguards against industrial and market risks, allowing us to confidently face future challenges and generate shared value in the communities and areas where we operate.
Our efforts to tackle climate change and pollution combine with those aimed at ending the wastage of resources and fostering:
Electrification is the series of actions which enable us to replace fossil fuels with electricity as the main source of energy for vehicles, buildings and industrial facilities. This process is crucial for the reduction of CO2 emissions, favouring the integration into production and consumption of energy coming from renewable sources.
Electrification is thus one of the strategic levers for decarbonisation and the energy transition. This is why, at A2A, we are investing in the development of infrastructures to support the electrification of consumption, with a particular focus on the electricity network, e-mobility and the evolution of clean energy production.
The development of plants and infrastructures for the recovery of waste, water, heat and energy aims to curb the wastage of resources that can be regenerated so as to create new value for towns and cities.
At our facilities, we are able to process millions of tonnes of waste that would otherwise end up in landfill sites. Thanks to our innovative district heating networks, we recover heat waste that would otherwise be dispersed into the atmosphere and we use it to heat buildings. Our water purification activity completes our water cycle.
Our operations relate to Business Units which, every day, implement the Group's ecological transition model.
The activity of the Generation and Trading Business Unit is related to the management of the generation plants portfolio(1) of the Group with the dual purpose of maximizing the availability and efficiency of the plants, minimizing operating and maintenance costs (O&M) and maximizing the profit deriving from the management of the energy portfolio through the purchase and sale of electricity and fuels (gaseous and non-gaseous) and environmental certificated on domestic and international wholesale markets.
This Business Unit also includes the activity of trading on domestic and foreign markets of all energy commodities (gas, electricity, environmental certificates).
(1) Total install ed capacity of 9.2 GW.
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The activities of the Market Business Unit are aimed at the retail sale of electricity and natural gas to customers in the free market and sale to customers served under protection scheme. Furthermore, it deals with providing energy efficiency and electric mobility services.
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Our mission is clear: to reduce the environmental footprint of human activities and promote sustainable development. Our circular economy model is based on recycling, harnessing the value of waste, the sustainable management of water and district heating networks. Thanks to these solutions, we are enhancing the comfort and quality of life in our homes and our workplaces while safeguarding the environment.
Our activities cover the entire waste cycle, from collection and street cleaning to the management of waste sorting in order to maximise material recovery. Processing waste and turning it into an asset takes place in dedicated facilities, where we transform it into useful resources from which to recover materials and energy. Our Bonifiche environmental protection team is responsible for analysis to ensure the regulatory compliance of production facilities, and manages potential contamination scenarios, carrying out reclamation work if necessary.
We manage the entire water cycle, including water catchment, the management of water pipelines, distribution, the sewage network and water purification. The water treated is returned to the service areas, contributing to the safeguarding of natural resources.
We offer solutions for the district heating and cooling of buildings, fully respecting the environment by using resources available in the area and with the aim of improving the comfort and quality of life in your home and in your workplace.
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The Smart Infrastructures Business Unit develops and manages the infrastructures functional to the wide range of services provided by the Group, focusing on technology and innovation.
In particular, the Business Unit’s activity mainly concerns the development and technical-operational management of electricity distribution networks, natural gas transport and distribution networks and the related metering service, characterized by important technological evolutions thanks to the use of smart meters. It manages the entire integrated water cycle (water collection, aqueduct management, water distribution, sewerage management, purification). The activity is also aimed at the sale of heat and electricity produced by cogeneration plants (mostly owned by the Group), through district heating networks and ensures the operation and maintenance of cogeneration plants and district heating networks. Also included are the activities related to the management services for heating plants owned by third parties (heat management services).
The Smart Infrastructures Business Unit also develops infrastructures in the field of telecommunications, designs solutions and applications aimed at creating new models of cities and territories and improving the quality of life of citizens.
It should be noted that from January 2021, the Business Unit develops and manages public lighting and traffic regulation systems; finally, it builds and manages a network of recharging infrastructures functional to the electrification of transport.
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Corporate services include the activities of guidance, strategic direction, coordination and control of industrial operations, as well as services to support the business and operating activities (e.g. administrative and accounting services, legal services, procurement, personnel management, information technology, communications, landline and mobile telephone service etc.) whose costs, net of amounts recovered from accrual to individual Business Units based on services rendered, remain the responsibility of the Corporate.
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Our ecological transition model not only seeks to meet the targets set by Italy’s national recovery and resilience plan or by the European Union but also constitutes our response to today's environmental, economic and social challenges.
For this reason, we have chosen to focus on ESG (environmental social, governance) criteria in our decisions and investments for the creation of infrastructures designed to support people and businesses in the energy transition and in the implementation of virtuous circular economy models in the areas that we serve.
Our sustainability policy is in line with 11 of the 17 goals of the UN Agenda 2030, to which we are making a concrete contribution: over 70% of the projects to be completed by 2030 have already been authorised or are under way. In our strategy, ~78% of investments (medium in the Plan period) comply with the EU Taxonomy Regulation.
Our objective is to reconcile the actions of the group with the interests and the requests of our stakeholders: customers, communities, future generations, our workforce, local communities, institutions.
For us at A2A, the ecological transition and the digital one are choices of environmental, economic and social responsibility because their purpose is the decarbonization of activities, but not only that.
At the same time, they are designed to guarantee for everybody access to services that are essential for everyday life but which also have an impact on the quality of the future of new generations:
The effects of demographic and social changes call for measures which can answer the new needs of our workforce: in this context, A2A is working closely with and integrating public welfare through services that impact positively on the creation of value for communities in the areas that we serve.
Attention to 360° well-being, the work-life balance and income support are the principles guiding a comprehensive array of measures for a total investment of 72 million euros a year: employee share ownership plan, parental support scheme, productivity bonuses and other welfare services.
With our Diversity, Equity and Inclusion policy, we develop and promote projects that encourage a culture of the full expression of people's individual characteristics at A2A in five distinct spheres: LGBTQI+ genders, generations, cultures and disabilities, togetherness
From their first day at A2A, we involve people through specific induction schemes, programmes which foster skills and identify potential.
We accompany them in interactive and experience-based training courses because we believe that, in these activities, we can generate interaction, stimulate ideas and trigger the desire to enhance existing skills and acquire new ones.
Featuring strongly in political debate, the European competitivity crisis is jeopardizing the ongoing EU-wide ecological transition. The uncertainties of the market and geo-political landscapes can result in either a speeding-up or a slowing-down of the ecological transition, depending on whether external factors are favourable or unfavourable.
In this context, our business model takes into account the decarbonization of activities and the competitiveness of our businesses and of Italy as a whole.
The strategies implemented in recent years are closely in line with the goals identified by the Draghi report, “The future of European competitiveness”, with more than 90% of the Plan’s investments concentrated in three areas (innovation, decarbonisation and autonomy) and a series of achievements:
CO2 avoided by the Group
Electrical energy produced from renewable sources
Green energy sold to end customers
Average of recycled waste collection in municipalities served
Waste recovered as material or energy
Group CO2 emission factor
Listening to and talking with the stakeholders in the areas where we operate are at the core of our growth: we are striving to speed up the ecological transition of the communities that we serve.
For this reason, we have created a digital platform to monitor relations with our stakeholders and the steps taken to involve them, as well as a nationwide outreach and co-planning programme to help work out together the future steps to be taken in the ecological transition.
Moreover, since 2015, we have been publishing Territorial Sustainability Reports providing the public with details of the Group’s commitments and achievements in the areas where it operates.
As a Life Company, we are strongly committed to realize a long-term ecological transition for people and companies through our diversified activities and business model uniqueness.
Engagement with internal and external stakeholders is key for us to assess the impact of our actions and enhance our industrial focus.
Our stable and effective corporate governance allows us to select investments according with strategic, financial and ESG criteria, to optimize risk-return profile and ensuring value creation.
Solid economic performances and sound cash generation from the businesses support an adequate return for our shareholders.
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A2A S.p.A. - P.I. 11957540153