Hera SpA

Lobbying Transparency and Governance

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Direct Lobbying Transparency
Overall Assessment Comment Score
Strong Hera SpA provides a strong and detailed picture of its climate-related advocacy. It names two concrete Italian policy instruments it has worked on—“White certificates” and “Energy attribute certificate systems”—and explicitly states its position as “Support with no exceptions,” making it clear which pieces of legislation are the focus of its engagement. The company explains multiple, clearly identifiable routes it uses to influence those policies, noting that it “directly consults with the Italian Government on every aspect of the sector’s development towards greater overall energy efficiency,” “engages with other regulators in determining greater incentives for energy efficiency,” and submits formal proposals, including “proposing solutions to the Government commission on sector consolidation” and “contributing to the modification of the evaluation criteria for setting the White certificates tariff.” Finally, Hera spells out the specific changes it is seeking: “greater overall energy efficiency,” the “introduction of incentives for public entities owning small inefficient companies to be aggregated in order to improve economies of scale,” and the above-mentioned “modification of the evaluation criteria for setting the White certificates tariff.” Together, these disclosures demonstrate a high level of transparency across the policies lobbied, the mechanisms employed, and the precise outcomes the company seeks. 3
Lobbying Governance
Overall Assessment Comment Score
Strong Hera SpA has established a governance process that centralizes oversight of its engagement activities to align with its climate change strategy by ensuring that “relations are mainly managed indirectly through trade associations” and concentrating stakeholder relations “in Hera organization in staff to either the Executive Chairman or the CEO … to assure consistency of activities with climate change strategy of the Group.” The company further details that “Investor Relations, Shared Value and Sustainability Department, Relations with Authorities and Public Affairs are the functions in charge of sharing and discussing Hera’s position on environmental and climate change issues with all relevant stakeholders,” and notes that “Hera’s discussions with the main public bodies and associations are often carried out by the BoD Executive Chairman and/or the CEO themselves.” This indicates strong governance of both direct and indirect lobbying activities, with clear assignment of responsible executives and functions. However, the company does not disclose a formal review or monitoring procedure, criteria for assessing its participation in trade associations, or a recurring audit or board sign-off process to systematically verify and enforce alignment. 3