Esg Challenge Iren 2023, 12 challenges for sustainable development

Iren awarded the 10 best theses on ESG topics

Twelve challenges to support sustainable development in 2023. Twelve topics proposed by Iren, in line with the 2030 Agenda, including identifying the most urgent and strategic ones for companies, institutions and the world of research. This is the goal of theEsg Challenge Iren 2023‘, the international event held today in Genoa at Porta Siberia. The proceedings were opened by the Deputy Minister of the Environment and Energy Security Vannia Gava, the President of the Liguria Region Giovanni Toti and the Mayor of Genoa Marco Bucci, together with Luca Dal Fabbro, Iren President and Gianni Vittorio Armani, Iren CEO. Involved during the day national and international experts from the world of business, finance and university and scientific research.

The twelve challenges presented, identified with the support of EticaNews, represent a manifesto that aims to reaffirm what it is the contribution of companies, institutions and research is fundamental to act concretely on the environment and climate, on local communities and on the territory, creating a new shared culture, based on innovation. Among the topics at the center of the works, the circular economy and attention to natural resources, the enhancement of human capital, the greater inclusion of young people and talents, the importance of adopting measurable indicators that highlight the effectiveness of the choices undertaken, in the light of a concept of sustainability understood as a real competitive tool.

The event is also the final stage of the Esg Challenge Iren 2023 Award: Iren has selected the 10 best theses that have distinguished themselves on the theme of sustainability and environmental, social and governance challenges, created by undergraduate, graduate, PhD or doctoral students of research. Almost 240 theses were received from Italian universities and from abroad, demonstrating the relevance of an initiative such as the one promoted by Iren, due to the need to foster closeness and collaboration between the world of training and research and operators economic-financial. In particular, the documents received are divided into 27 doctoral theses, 65 three-year degree theses, 140 master’s or specialist degrees and 2 from master’s degrees. On the other hand, 29 theses developed an interrelationship between Environmental, Social and Governance topics, 10% of the total.

These are the challenges for 2023 according to Iren: Climate in action (effectively deal with the grounding of commitments at global level on the reduction of emissions, identifying the levers to involve the private protagonists of the economic-financial system); Circular resources (accelerate the development of industrial symbiosis and the culture of product responsibility in terms of circular economy); Heritage in nature (build a system capable of enhancing natural capital, recognizing its intrinsic potential, to further incentivize investors and businesses); Just transition (erasing the fear of a reverse gear and acting in the expectation of an acceleration of the transition).

Shared value (companies are called to generate shared value); People&Respect (lift the veil on the hidden problems in the supply chain); SMEs in step (allowing the SMEs of the supply chain, the least equipped to follow updates on sustainability, to understand, even before ‘executing’ the ESG requests coming from the client); Stakeholder engagement (making stakeholders a necessary counterpart to measure materiality and impact); Inclusion and Talents (define a strategy to involve, create a shared culture, include and value young people and talents in their diversity).

Measure yourself (learn how to measure data in the field, understand the need for comparison with the market and competitors, adopt KPIs and scoring models that support one’s own materiality); Sustainable finance (fostering a new relationship between institutes and companies, to make them allies in the ESG upgrade, starting from the relationships with their own supply chain); DigitalEsg (promote new collection systems, but also new certification frontiers – blockchain – of the information path)