Climate Change Data

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)