Mondofin S.p.A.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:13,864.23 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:4,432.10 tCO2e/year
Scope 2 Emissions:9,432.13 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:60%
Total Energy Consumption:127,534.57 GJ/year
Water Consumption:11.13 Ml/year
Waste Generated:2,758.77 tons/year
Carbon Intensity:59.97 tCO2e per million Euros of revenue
ESG Focus Areas
- Environmental Sustainability
- Social Responsibility
- Corporate Governance
Environmental Achievements
- Obtained ISO 50001 energy management certification.
- Implemented circular solutions across production entities.
- Artigo achieved a 99% reduction in Scope 2 emissions through self-production and renewable energy purchase.
- Artigo submitted decarbonization targets to the Science Based Targets initiative (SBTi).
Social Achievements
- Improved workplace well-being through flexible working hours and smart working arrangements.
- Implemented performance bonus systems across various companies.
- Conducted 6,942 hours of employee training.
- Mondo America obtained Concilivi Certification for work-family balance.
- Mondo Iberica offers a flexible compensation system.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Significant challenge in collecting and consolidating data from all Group companies.
- High inflation and uncertainty in the macroeconomic environment.
- Economic slowdown in Asian markets, particularly China.
- Gender polarization in production companies.
Mitigation Strategies
- Developed a structured project focusing on production entities, divided into four key areas: strategic sustainability, environmental sustainability, product sustainability, and energy efficiency.
- Implemented a more formalized process for collecting employee satisfaction feedback through employee surveys.
- Continued investment in research and development for sustainable solutions.
- Developing a diversity and inclusion policy.
Supply Chain Management
Supplier Audits: Stringent social audits (health and safety and human rights) on toy suppliers in non-EU countries; annual evaluations of social, environmental, and safety criteria before contracting.
Responsible Procurement
- Selection criteria include economic, technical, quality, safety, and material performance. Environmental and social criteria are gaining importance; some best practices implemented within each division.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Standards
Certifications: ISO 50001, ISO 14064
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- BioBall (bio-based additives), ReNewToys (recycled polymers), GAIA flooring (bio-attributed rubber, rice husk silica, recycled calcium carbonate).
Awards & Recognition
- Not disclosed