Climate Change Data

Fiera Milano S.p.A. and its subsidiaries

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:14,092 tonnes CO2 equivalent
Scope 1 Emissions:260 tCO2e
Scope 2 Emissions:14,226 tCO2e (market-based)
Renewable Energy Share:33%
Total Energy Consumption:190,967 GJ
Water Consumption:1,888,441 m3
Waste Generated:3,974 tons

ESG Focus Areas

  • Environment
  • Social
  • Governance
  • Human Rights
  • Fighting Corruption

Environmental Achievements

  • Reduced waste per square metre by about 6% over the three-year period 2019-2021
  • 33% of all energy used in 2021 was from renewable sources, up 12 percentage points on 2020.
  • 86% of the amount of carpet collected was directed to recovery
  • Nolostand delivered 411 tonnes of recycled wood, saving 941 trees and reducing atmospheric CO2 emissions by 471 tonnes.

Social Achievements

  • Launched an extraordinary training plan called “Fiera Milano Education” designed to improve employees’ skills and in particular their digital capabilities.
  • Partnership with Banco Alimentare, Fiera Milano assigned an entire pavilion for a month and a half to support the logistics of the Colletta Alimentare initiative.
  • Employee survey showed 91% response rate.
  • 98% of employees of the Group’s Italian companies benefited from the welfare plan

Governance Achievements

  • Obtained UNI ISO 20121:2013 certification for sustainable events management
  • Updated the Group’s Code of Ethics
  • Received the IGI 2021 (Integrated Governance Index) prize, ranked first in the “extra 100” category

Climate Goals & Targets

Long-term Goals:
  • Achieve Net Zero GHG emissions by 2050
Medium-term Goals:
  • Achieve 50% renewable energy by 2025
  • Obtain ISO 45001 certification
  • Increase qualified suppliers with ESG criteria (target 2025: 50-75%)
Short-term Goals:
  • Reduce water consumption
  • Reduce mixed waste (target for 2025: -50/60%)

Environmental Challenges

  • Covid-19 pandemic forced closure of operations for the first half of 2021.
  • Reduced international mobility due to the pandemic.
  • Economic crisis forced exhibitors to review spending budgets.
  • Emergence of Omicron variant introduced uncertainty to international mobility.
Mitigation Strategies
  • Extended application of the Salary Integration Fund (FIS) until June 2021 and used remote working.
  • Concentrated events in the last four months of the year.
  • Received grants to offset losses incurred in 2020 and 2021.
  • Rescheduled events to later dates to allow international participation.

Supply Chain Management

Supplier Audits: Approximately 2,800 reputational checks in 2021

Responsible Procurement
  • Supplier Register with technical and economic assessments
  • Reputational assessments
  • Inclusion of ESG criteria in supplier selection (86% of contracts in 2021)

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards (Core option)

Certifications: UNI ISO 20121:2013 (Event Sustainability Management Systems), LEED (Silver for Rho site, Gold for MiCo), ISO 9001:2015, ISO 14001:2015 (Nolostand), ISO 45001:2018 (Nolostand)

UN Sustainable Development Goals

  • SDG 8
  • SDG 12
  • SDG 13

Initiatives contribute to economic growth, responsible consumption and production, and climate action.

Sustainable Products & Innovation

  • Sustainable exhibition stands
  • Smart signage
  • Use of recycled materials

Awards & Recognition

  • IGI 2021 prize