Energy S.p.A.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:105.4 tCO2e/year (Location Based)
Scope 1 Emissions:58.8 tCO2e/year
Scope 2 Emissions:46.6 tCO2e/year (Location Based)
Total Energy Consumption:1665.7 GJ/year
Water Consumption:0.8 ML/year
Waste Generated:71.720 kg/year
ESG Focus Areas
- Environmental Sustainability
- Social Sustainability
- Governance Sustainability
- Product Sustainability
Environmental Achievements
- Developed an investment project aimed at reducing the Company's dependence on fossil fuel consumption in favor of greater use of renewable energy.
- Reduced truck traffic for debris removal and the delivery of subgrade material to the site by 50 percent due to on-site grinding of brick fraction from an old building.
- Implemented a rainwater recovery system for indoor uses.
Social Achievements
- Drafted and adopted the first corporate Code of Ethics.
- Established a whistleblowing procedure.
- Activated a welfare program including hour flexibility and smart working options.
- Provided 619 hours of training (86% increase from the previous year).
Governance Achievements
- Established a whistleblowing procedure.
- Drafted and adopted the first corporate Code of Ethics.
- Conformed activities to the requirements of Legislative Decree No. 231 of June 8, 2001, by adopting its Management and Control Organizational Model.
- Planned to establish a Sustainability Risk and Control Committee in 2024.
Climate Goals & Targets
Medium-term Goals:
- Establish a Sustainability Risk and Control Committee.
Short-term Goals:
- Introduce a process for evaluating the supplier base.
- Introduce a Code of Conduct for suppliers.
Environmental Challenges
- High dependence on battery cell imports from non-EU countries (mainly China) for key components.
- Access to essential raw materials (lithium, nickel, cobalt, manganese, and graphite) poses a major challenge to Europe's security of supply.
- Rapid growth and internal reorganization requiring new resources and skills.
- Inadequate landfills in the area for private individuals for battery collection.
Mitigation Strategies
- Relies primarily on long-term technological and manufacturing partnerships with selected suppliers.
- Planning to introduce a Code of Conduct for suppliers to ensure high standards of ethics, sustainability, and social responsibility.
- Planning to introduce a process for evaluating the supplier base to assess and monitor its impacts on the economy, environment, and people.
- Actively working to ensure that the end of life of the first installations can be an opportunity to finalize a closed-value economy.
- Actively engaged in evaluating and collaborating with partners for waste management.
Supply Chain Management
Responsible Procurement
- Long-term partnerships with selected suppliers.
- Planning to introduce a Code of Conduct for suppliers.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
Sustainable Products & Innovation
- LFP (lithium-iron-phosphate) batteries.