ESG ratings and Partnerships

Acea undertakes to ensure that the financial community receives an ongoing and timely flow of transparent information, with particular focus on ESG (Environmental, Social, Governance) factors and acknowledging its position in terms of analyst and rating agency assessments.
San Cosimato dam San Cosimato dam

Ratings and benchmark indices

 

Analyst and agency assessments are used by Acea as part of a process of continuous improvement, taking advantage of development opportunities and constantly monitoring sustainability results and performances. They therefore represent a strategic tool for the creation of long-term value.

With the B score assigned by Carbon Disclosure Project – CDP climate and water, Acea is classified in the Management category. The CDP is an independent non-profit organisation that provides a platform for investors to measure companies’ policies and performances with regard to climate change.

The independent agency Standard Ethics has confirmed the Acea Group’s “EE+” Corporate Rating (“Very Strong”). The assessment performed by the agency is focused on corporate governance, environmental and social aspects and measures the level of compliance with EU, OECD and United Nations recommendations.

Since 2022, Acea has been included in the MIB ESG environmental sustainability index, the first ESG (Environmental, Social and Governance) index dedicated to Italian blue-chips, designed to identify major listed issuers presenting the best ESG practices.

ISS ESG has expressed a positive assessment of Acea’s practices in reference to environmental, social and governance issues, awarding PRIME status insofar as the overall performances exceed the average level for the sector defined by the ISS agency.

MSCI ESG Rating has confirmed its "A" rating (on a scale of AAA (leader)-CCC). This rating is intended to measure a firm’s ability to manage relevant risks and ESG opportunities from a financial perspective.

The Integrated Governance Index (IGI) is a quantitative index that assesses the positioning of companies based on the integration of sustainability into corporate governance. Acea comes under the Leader ESG identity category.

Acea has been included in the 2024 Bloomberg Gender-Equality Index (GEI), which measures the performance of companies in terms of gender equality, obtaining a score of 96 (on a scale of 0-100), with an improvement over the previous year.

Sustainalytics has recognised Acea’s Low risk level, with a score of 15.4, indicating its low exposure to the risk of negative financial impacts deriving from ESG factors.

Participation in external projects

 

Being conscious of the need to deal with economic, social and environmental challenges from an ecosystem perspective, we participate in external initiatives and networking opportunities with associations, experts and sector work groups in keeping with the values that steer our governance and our sustainability path.

 

Since 2007 Acea has adhered to the United Nations Global Compact as Founder.



In 2024 we were among the signatories to the “Businesses for People and Society” Manifesto, drawn up by the UN Global Compact Network Italy, aimed at companies committed to enhancing the social dimension of their strategies.

Acea is a sustaining member of the Utilitatis Foundation, whose mission is to encourage innovation and research, with the aim of improving the quality and efficiency of local public services, promoting a business model aimed at stable long-term value creation, in a shared form with reference stakeholders.

 

Acea is part of the Sustainability Makers network, the Italian association that brings together professionals dedicated to the definition and implementation of sustainability strategies and projects, in companies and other organisations.

Acea is a member of Assonime , the Italian association of joint stock companies, whose main purpose is to improve the quality of Italian and European legislation. In recent years Assonime has added a commitment to sustainability and digital innovation, engaging the companies in these matters.