Energy solutions
We develop sustainable energy solutions
Our goals towards 2030
Our target is to improve the efficiency of the installed park, avoiding 100 mln tons of CO2e emissions in the regions we operate thanks to highly energy efficient solutions that increasingly rely on renewable sources of energy.
Emissions avoided
(2020 base year)
100
mln tons of CO2e
26 mln tons avoided in 2023
Emissions avoided
(2020 base year)
100
mln tons of CO2e
26 mln tons avoided in 2023
Supporting initiatives to be achieved by 2025
- 100% heating gas condensing technologies’ revenues in Europe from hydrogen-ready solutions.
- >60% revenues in Europe generated by renewable technologies vs <40% from fossil fuel products.
- Launch of Home Energy Management and Demand Response-ready products.
- Effort to shift heat pump water heaters to lower GWP refrigerants.
EU REVENUES FROM CONDENSING HEATING
100%
from H2 ready solutions
+40% vs. 2022
EU REVENUES FROM RENEWABLES
>60%
vs <40% from fossil fuels
+2% vs. 2022
Exploring more efficient solutions
Leveraging heat pump technologies as fundamental enablers of the energy transition
Developing Home Energy Management and Demand Response systems
How we will get there
Smart homes
We embrace Smart Homes for sustainable living
Our goals to 2030
We set the objective to sell over 5 million of connectable products. Smart homes are fundamental enablers of a more sustainable living and we strive towards a continuous improvement of our Connected Home Services.
Connectable products
5
million sold
1,275,000 sold (from 2015)
Connectable products
5
million sold
1,275,000 sold (from 2015)
Connectable products
>2
million sold by 2025
950,000 in 2022
Supporting initiatives to be achieved by 2025
Connected Home Services are pivotal in understanding and meeting our customers' needs, providing tailored solutions and supporting energy consumption reduction. We set the intermediate target to sell more than 2 million of connectable products by 2025.
Connectable products
>2
million sold by 2025
950,000 in 2022
Exploring the evolution of connectable products
Strengthening our energy saving capabilities
Scaling our prompt assistance service and easy-control features
How we will get there
Despite the market potential, transitioning from fossil fuels has its challenges. The very same technologies that are needed to unlock the transition and reduce costs in the long term, also require significant initial investments.
Donatella Sciuto
Rector of Politecnico di Milano
Key Areas of Engagement
Explore areas of Engagement
We involved all our relevant groups of stakeholders in the process of revising our materiality matrix and we considered the most pressing ESG challenges to identify five key areas of engagement to focus on. As a result, our ESG strategy emcompasses solutions, operations, customers, people & communities, and sustainable governance.
