Sustainability Summary
- This is an unclaimed profile. HERA has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.
What do our labels mean?
UNGC Participant
Hera Group presents sustainability as central to its strategy, describing its purpose as creating shared value for the planet, people and prosperity. The company says sustainability reports are a primary tool to manage and report economic, environmental and social activities, and to inform and engage stakeholders. Its stated priorities include decarbonisation, circular economy, resilience and innovation, with a long-term strategy towards Net Zero. The group also reports on thematic sustainability topics and says it invests in renewable plants, energy efficiency, waste recovery and infrastructure resilience. The Hong Kong ESG Reporting Awards (HERA) is a separate non-profit initiative focused on ESG reporting excellence and disclosure.
About HERA
- Status
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- Website
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HERA Sustainability Actions
HERA Sustainability Commitments
2030
Cut emissions by 37%
In 2021, Hera committed to a science-aligned climate strategy by committing to reduce its greenhouse gas emissions by 37% by 2030, compared to 2019 levels, by joining the Science Based Targets initiative (SBTi).
2050
Reach net zero emissions
Hera Group has made public its commitment to achieve net zero emissions by 2050 through its climate transition plan, with a gradual reduction of Scope 1, 2 and 3 emissions by around 90% compared to 2019 levels, and the neutralisation of the remaining emissions at the end of the decarbonisation pathway.
2028
Business plan to 2028
The Hera Group’s Board of Directors has approved the business Plan to 2028. Over the 2024-2028 period, the business Plan calls for total investments amounting to 5.1 billion euro.
