Triumph Group International
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Environmental Sustainability
- Social Inclusion
- Sustainable Supply Chain Management
- Event Sustainability
Environmental Achievements
- Paper-free policy implementation
- Purchase of e-bikes and installation of charging stations
- Supplier accreditation system incorporating environmental and social performance
- Planting 101 trees (3,000 kg of CO2 saved) through Virtuoso App challenges
- Installation of water dispensers to reduce plastic bottle usage
Social Achievements
- Assessment process to identify skills and assess potential for recruitment and development of human resources (106 resources interviewed)
- Formalized onboarding process
- In-house CAF (Tax Advice Center) service for employees and their families
- Smart working policy implementation (85% employee participation in survey)
- Use of Virtuoso App to promote healthy lifestyle and strengthen sense of belonging
- Inclusive hiring practices through collaboration with Cooperative Madre Terra
- Virtual Christmas meeting with Tombola to foster a sense of belonging
- Opening of new common areas in Rome and Milan offices
- Staff training programs (1864.5 training hours provided in 2022)
Governance Achievements
- Transformation into a Benefit Corporation
- Development of a procurement function
- Implementation of supplier assessment criteria incorporating environmental, social, and ethical sustainability
- ISO 20121 certification process continued to meet new CAMs (Minimum environmental criteria)
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Develop a more responsible Supply Chain, reducing environmental and social impact
Short-term Goals:
- Extend ISO 9001 certification to Milan office
- Conduct dedicated training on sustainability and new CAM Sustainable Events
- Update ISO 20121 Handbook
- Begin UNI:PDR 125 certification process for gender equality
Environmental Challenges
- Supplier reluctance to share environmental, social, and ethical sustainability data
- Need to increase stakeholder awareness in certain areas (e.g., corporate welfare, responsible waste management)
- Availability and prices of raw materials
- Conflicts in supplier countries
- Increase in migratory flows
Mitigation Strategies
- Implementation of a procurement function to monitor supplier adoption of sustainable practices
- Internal and external communication activities to highlight achievements and ongoing commitment
- Development of strategies to mitigate the effects of risk factors (e.g., raw material availability, supplier country conflicts)
- Ongoing monitoring of resources and development of policies and procedures for personnel selection, performance evaluation, training, and development
Supply Chain Management
Responsible Procurement
- Proximity and quality of products
- Best practices implemented
- Inclusion of environmental, social, and ethical sustainability questionnaires in accreditation procedure
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, SDGs, IMP
Certifications: ISO 9001, ISO 20121
Awards & Recognition
- Bea Italia Festival awards in Green/Sustainable and Education/Training categories
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:78.58 tCO2e/year
Scope 1 Emissions:5.40 tCO2e/year
Scope 2 Emissions:35.15 tCO2e/year
Scope 3 Emissions:38 tCO2e/year
Renewable Energy Share:50.43% (Rome HQ)
Total Energy Consumption:103.462 KWh/year
Water Consumption:1260 m3/year (estimated)
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental Sustainability
- Social Inclusion
- Sustainable Events
- Responsible Supply Chain Management
Environmental Achievements
- Reduced CO2 equivalent emissions by 28% at the Rome HQ despite a 23% increase in consumption, due to a change in the energy mix.
- Implemented a paperless policy, purchased electric bikes, and implemented a supplier accreditation system based on environmental and social performance.
Social Achievements
- Adoption of a smart working policy.
- Establishment of a department for personnel management and activation of training programs.
- Organized a breast cancer awareness campaign including on-site mammograms and ultrasounds for employees.
Governance Achievements
- Transformation into a Benefit Corporation in 2021.
- Appointment of two Sustainability Managers.
- Establishment of a Sustainability Office.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Reduce the use of own vehicles for commuting to the office.
Environmental Challenges
- Inaccurate data from companies located in shared workplaces regarding energy and water consumption.
- High employee turnover rate (73.36%).
- Lack of a comprehensive corporate Green Policy.
Mitigation Strategies
- Developing a procedure to simplify data collection for energy and water consumption.
- Analyzing reasons for voluntary resignations and implementing retention strategies.
- Ongoing development of a corporate Sustainability Policy.
Supply Chain Management
Supplier Audits: 118 orders evaluated out of 1014 total orders (11.64%)
Responsible Procurement
- Supplier accreditation system based on environmental and social performance.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: ISO 20121, EU Corporate Sustainability Reporting Directive (CSRD), European Sustainability Reporting Standards (ESRS)
Certifications: ISO 9001, ISO 20121 (Triumph Italy)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- ICCS Award (Triumph Singapore)
- Leonardo Quality Italy Award (Maria Criscuolo and Francesca Accettola)