Our commitment against climate change
| Category | Scope | Emissions (ktCO₂e) |
|---|---|---|
| Use of fuel for company fleet | Scope 1 | 1.0 |
| F-gas top-ups | Scope 1 | 2.5 |
| Methane gas consumption for building heating | Scope 1 | 0.0 |
| Consumption of electricity (Assets Owned) | Scope 2 | 0.2 |
| Consumption of electricity (Rent IFRS 16) | Scope 2 | 0.0 |
| Purchased goods and services | Scope 3 | 23.6 |
| Capital goods | Scope 3 | 182.2 |
| Fuel and energy activities (not included in Scope 1 or Scope 2) | Scope 3 | 0.8 |
| Upstream transport and distribution | Scope 3 | 0.5 |
| Waste generated by operations | Scope 3 | 0.1 |
| Business trips | Scope 3 | 0.6 |
| Employee commuting | Scope 3 | 0.6 |
| Upstream leased assets | Scope 3 | 0.0 |
| Total Scope 1 | 3.5 ktCO₂e (weight 1.6 %) | |
| Total Scope 2 | 0.2 ktCO₂e (weight 0.2 %) | |
| Total Scope 3 | 208.3 ktCO₂e (weight 98.3 %; +22 % YoY) |
Scope 1 emissions
Our direct emissions (Scope 1) are mainly generated by leaks:
- SF6 (sulphur hexafluoride) from some high voltage equipment;
- F-gas (fluorinated gases) from air conditioning systems;
- use of company cars: we have adopted an offsetting policy in Italy, France and Germany, and in 2022 820 tonnes of CO2 emissions will be cancelled thanks to 'green' projects.
Scope 2 Emissions
On the other hand, our indirect greenhouse gas emissions (Scope 2 emissions) from energy consumption are generated by the purchase of national grid electricity required to operate plants that are not generating, and by condominium services for offices. In mid-2016, the ESG Committee approved a project to supply renewable energy for all Group requirements where technically feasible.
We have continued along this path over the years, recording a percentage of renewable energy supplies of around 93% by the end of 2022 (90% in 2020), with an estimated saving of around 10,000 tonnes of CO2.
| Year | Renewable Energy Consumption (%) |
|---|---|
| 2016 | 51% |
| 2017 | 84% |
| 2018 | 86% |
| 2019 | 89% |
| 2020 | 90% |
| 2021 | 94% |
| 2022 | 93% |
| 2023 | 96% |
| 2024 | 97% |
Scope 3 emissions
In 2022, considering the evolution of our business towards a Pure Renewable model, we have tried to expand reporting to those technologies that represent our future.
The calculation of Scope 3 emissions (indirect emissions in the value chain) for wind and solar technologies was based on documentation produced by our suppliers, who provided us with Life Cycle Assessment (LCA)1 studies of the wind turbines and solar panels.
Therefore, the Scope 3 emissions generated – calculated on capital goods category 2 – are as follows:
- For wind power, approximately 26 ktCO2e: the figure was calculated on the basis of LCA analysis for 85% of production and estimated through the weighted average of LCAs for the remainder;
- For photovoltaics, estimated to be around 19.6 ktCO2e, which has increased year on year in relation to the greater number of installations and higher production in the same year.
Other Scope 3 emissions derive from staff travel (e.g., planes, trains, hotels). The travel agency is responsible for reporting based on a certified methodology: indirect emissions in 2022 amounted to approximately 0.45 ktCO2, an increase of approximately 0.25 kt compared to 2021, as travel resumed during 2022.
Moreover, thanks to a partnership with a courier company that handles transport for the Group, all travel for moving materials was compensated with climate protection projects, for a total of about 14 t of CO2 avoided.
In the years to come, we expect to further reduce them thanks to:
- Selection of suppliers who have implemented ESG strategies, according to the "Sustainable procurement" project;
- Decarbonisation projects to be implemented by the suppliers themselves.
1 Life Cycle Assessment (LCA) is an internationally structured method for quantifying the potential impacts on the environment and human health associated with a good or service from its resource consumption and emissions.