Climate Change Data

Favini Srl

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:61,115 tCO2e/year (2022)
Scope 1 Emissions:61,115 tCO2e/year (2022)
Scope 2 Emissions:0 tCO2e/year (2022)
Renewable Energy Share:100% (electricity purchased from renewable sources)
Total Energy Consumption:1,090,540 GJ/year (2022)
Water Consumption:2,606,567 m3/year (2022)
Waste Generated:14,352 tons/year (2022)
Carbon Intensity:0.74 tCO2e/t (2022)

ESG Focus Areas

  • Environmental protection
  • Social responsibility
  • Economic responsibility

Environmental Achievements

  • Reduced water consumption by 41% from 2009 to 2021
  • Reduced energy consumption by 13% from 2009 to 2021
  • Reduced CO2 emissions by 13% from 2009 to 2022
  • Launched 'Paper from our Ecosystem' brand, encompassing a wide range of environmentally friendly papers.
  • 96% of electricity needs met by cogeneration plants.

Social Achievements

  • Significant improvement in safety indicators in 2022, with a considerable drop in the frequency and severity of accidents.
  • Employee turnover of 5.8% in 2022 (3.7% voluntary turnover).
  • Net workforce growth of 4% in 2022.
  • 75% of workforce received at least one training session in 2022.

Governance Achievements

  • Adopted a Group Code of Ethics in 2009 (last revision in July 2022).
  • Zero tolerance towards any form of abuse of office and corruption.

Climate Goals & Targets

Environmental Challenges

  • The uncertain economic landscape of recent years.
  • The highly challenging goal of sustainable development requiring a fundamental review of organizational processes.
  • Availability of technologies and renewable sources of supply to support an energy transition path.
Mitigation Strategies
  • Quick reaction to difficulties, turning them into success factors.
  • Wide-ranging projects designed to slash the environmental impact of paper production.
  • Investments in improving workplace safety conditions.
  • Continuous improvement and an ever-decreasing environmental impact.

Supply Chain Management

Responsible Procurement
  • Supplier Code of Conduct covering legal compliance, labor standards, environmental protection, and anti-corruption.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards (updated in 2021)

Certifications: ISO 14001, ISO 45001, FSC™ (certificate number: FSC-C001810), EMAS (Rossano Veneto and Crusinallo plants)

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 6 (Clean water and sanitation)
  • Goal 13 (Climate action)
  • Goal 8 (Decent work and economic growth)
  • Goal 9 (Industry, innovation and infrastructure)
  • Goal 12 (Responsible consumption and production)
  • Goal 15 (Life on land)

Favini strives to support the SDGs through an integrated sustainability strategy.

Sustainable Products & Innovation

  • Alga Carta, Remake, Refit, Shiro Echo, Tree Free, and Crush