Urgent.News

What's breaking now, across thousands of outlets.

Business

Green transition, higher risk for large energy-intensive companies

Cerved Esg Ratings Study: large companies in sectors such as metallurgy, transport, energy, and logistics are more exposed. However, the risk is low for 62% of companies.

Translated from Italian Read in Italian

Green transition, higher risk for large energy-intensive companies

A research study by Cerved Esg Ratings finds that the Italian industrial system faces one of its greatest financial challenges in transitioning to a low-carbon economy. The study, "ESG Connect 2026", analyzed the accounts of 1.8 million Italian companies and found that 62.5% have a low transition risk, while 16.9% have a high or very high risk, mainly large companies in energy-intensive sectors such as metallurgy, transport, energy, and logistics.

The study also found that Italian companies are lagging behind their European counterparts in terms of decarbonization plans, with most Italian companies focusing on short-term goals, mainly by 2030. Cerved Esg Ratings' CEO, Andrea Cincinnati Cini, calls for government support, including fiscal incentives, subsidies, and guarantees, to help companies make the transition.

Written by urgent.news from Il Sole 24 Ore's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

Read the original at ilsole24ore.com →

More in Business

More from Friday 16 October →