Sustainability Report 2023
Our sustainability report reflects our values and our commitment to contributing to the achievement of sustainable development goals across the territories we serve. Our company is continuously dedicated to offering solutions for energy efficiency through the implementation and proactive management of high-efficiency technological systems, the use of innovative materials and renewable energy sources, as well as control and automation systems.
Our investments stem from long-term planning and contribute to delivering cities that are more energy-sustainable, ensuring greater safety, accessibility, and inclusivity. Social dimensions are an integral part of our business operations, including decent work conditions, responsible supply chain management, and support for community well-being in the areas we serve.
Our numbers
City Green Light has finalized its first consolidated financial statements for 2023, reporting a Group net profit of €33.1 million (+22.5% compared to 2022) and a Group net equity of €135.8 million as of December 31, 2023.
“The 2023 financial results confirm the solidity of our business model and our ability to seize market opportunities. The growth in production value and net profit demonstrates the effectiveness of our strategy, focused on energy efficiency, sustainable development, and innovation. The completed acquisitions have strengthened our leadership in the sector, allowing us to look to the future with confidence, positioning ourselves as a key partner for public administrations and private companies in the energy transition.” — Alessandro Visentin, CEO of City Green Light
Material Balance Report
City Green Light has implemented an internal Technical Procedural Guideline aimed at drafting the Material Balance Report—an essential component for corporate social responsibility, operational efficiency, and environmental sustainability. This implementation not only ensures compliance with regulatory standards but also enhances the company’s environmental management practices. This approach aligns with the principles of the Circular Economy, fostering a framework where economic progress goes hand in hand with environmental protection.
Sustainability Report 2023
Our sustainability report reflects our values and our commitment to contributing to the achievement of sustainable development goals across the territories we serve. Our company is continuously dedicated to offering solutions for energy efficiency through the implementation and proactive management of high-efficiency technological systems, the use of innovative materials and renewable energy sources, as well as control and automation systems.
Our investments stem from long-term planning and contribute to delivering cities that are more energy-sustainable, ensuring greater safety, accessibility, and inclusivity. Social dimensions are an integral part of our business operations, including decent work conditions, responsible supply chain management, and support for community well-being in the areas we serve.
Our numbers
City Green Light has finalized its first consolidated financial statements for 2023, reporting a Group net profit of €33.1 million (+22.5% compared to 2022) and a Group net equity of €135.8 million as of December 31, 2023.
“The 2023 financial results confirm the solidity of our business model and our ability to seize market opportunities. The growth in production value and net profit demonstrates the effectiveness of our strategy, focused on energy efficiency, sustainable development, and innovation. The completed acquisitions have strengthened our leadership in the sector, allowing us to look to the future with confidence, positioning ourselves as a key partner for public administrations and private companies in the energy transition.” — Alessandro Visentin, CEO of City Green Light
Material Balance Report
City Green Light has implemented an internal Technical Procedural Guideline aimed at drafting the Material Balance Report—an essential component for corporate social responsibility, operational efficiency, and environmental sustainability. This implementation not only ensures compliance with regulatory standards but also enhances the company’s environmental management practices. This approach aligns with the principles of the Circular Economy, fostering a framework where economic progress goes hand in hand with environmental protection.
