Energia Group has published its Responsible Business Report for FY2024

Energia Group has published its Responsible Business Report for FY2024

 

Energia Group has published its Responsible Business Report for FY2024. The report details the Group’s commitment to promote sustainability and operate as a responsible business.

Highlights of this years report include:

  • Employ 1,114 people
  • Target to reduce carbon intensity of electricity generation by 50% by 2030
  • Ambition to increase onshore wind and solar threefold by 2030
  • The first green hydrogen facility on the island of Ireland
  • 50 MW emergency gas generation plant now operational
  • Winner of ESG Performer of the Year (1,000+ employees) at the Green Awards.
  • B in our second CDP climate disclosure
  • Business supporter of the All-Ireland Pollinator Plan
  • Member of Business for Biodiversity Ireland platform
  • 848,200 customer sites
  • €800,000 annual community benefit fund
  • 4 organisations awarded Greener Possibilities funds totalling €200,000 over 2 years
  • Employees spent 1,800 hours volunteering
  • Offshore joint venture with Vårgrønn announced

 

Commenting, Ian Thom, CEO of Energia Group said; “At Energia Group we are committed to playing a leading role in powering the energy transition across the island of Ireland and to doing so sustainably, powering a more sustainable energy future for all.  Significantly increasing our generation from renewables, supporting our customers to decarbonise, supporting the rapid transformation of the energy system and powering a new model of economic growth are the cornerstones of our strategy that will enable us to build on the leading positions of the Group’s businesses across renewables, flexible generation and customer solutions. 

Over the past 12 months we have continued to prioritise our Environmental, Social and Governance (ESG) initiatives.  Our efforts in aligning our activities to the UN Global SDGs, climate action, promoting diversity and inclusion and enhancing our corporate governance were recognised through winning the Best ESG Performer (1000+) at this year’s prestigious Green Awards.

During the year we achieved a B score in what was our second year disclosing to the CDP Climate Change Programme. It is encouraging to see this improvement from a B- achieved the previous year, demonstrating our continued commitment to climate action and the progressive decarbonisation of the energy system across the island of Ireland. We were also successfully recertified with the Business Working Responsibly Mark, further demonstrating our commitment to embedding sustainability into our business.

In FY24 we also continued to expand our renewable energy portfolio.  This will further support the Group’s commitment to increase our onshore renewable energy generation threefold and to achieve a 50% reduction in the carbon intensity of our electricity generation by 2030. 

Building green and protecting the nature that surrounds us is an important focus for how we build and operate our energy infrastructure. We continue to support the All-Ireland Pollinator Plan and the Business for Biodiversity platform.

In this, our fourth Responsible Business Report, we have continued to evolve our sustainability disclosures and to be transparent on the activities undertaken across the Group and are actively preparing for the new reporting requirements under the EU Corporate Sustainability Reporting Directive (CSRD) and an equivalent reporting framework from the UK Government.”

 

 

Watch the video below to learn more about key highlights from the report.