Climate Change Data

SALOV - Società Anonima Lucchese Olii e Vini

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:11,775 tCO2e
Scope 1 Emissions:9,863.9 tCO2e
Scope 2 Emissions:1,912.0 tCO2e (Location-Based), 2,771.3 tCO2e (Market-Based)
Renewable Energy Share:41% (from trigeneration)
Total Energy Consumption:195,955.4 GJ
Water Consumption:145.1 ML
Waste Generated:2,488 tons
Carbon Intensity:0.00010 tCO2e/litres of oil produced

ESG Focus Areas

  • Climate Change
  • Resource Management
  • Waste Management
  • Biodiversity
  • Supply Chain Management
  • Employee Well-being
  • Human Capital Development
  • Responsible Business Management
  • Consumer Health and Safety

Environmental Achievements

  • Reduced direct emissions (Scope 1) by 6.7% vs 2021
  • Increased use of recycled materials to 46.5% in packaging
  • Reduced overall waste by 5.0% vs 2021
  • Reduced water discharges by 7.8% vs 2021

Social Achievements

  • Launched Talent Garden project for young employee development
  • Increased female employees by 6.3% vs 2021 in Salov S.p.A.
  • Maintained average salary 12% higher than CCNL minimum
  • Distributed gift vouchers to support employees due to inflation

Governance Achievements

  • Implemented a new supplier audit process to assess ESG risks
  • No confirmed incidents of corruption involving employees or partners
  • Continued compliance with Model 231 and Code of Ethics

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Supply chain disruptions due to the Russian-Ukrainian war and drought
  • Increased energy costs
  • Increased costs of raw materials and packaging
  • Climate change impacts (drought, water scarcity, storms)
Mitigation Strategies
  • Investment in process digitalisation and supply chain streamlining
  • Installation of new oil storage tanks to reduce transportation
  • Implementation of energy efficiency measures
  • Strengthening relationships with suppliers and promoting sustainable practices
  • Development of a risk management system

Supply Chain Management

Responsible Procurement
  • Supplier questionnaires focusing on ESG aspects
  • BRC and IFS certifications required for suppliers
  • Audits to check supplier compliance with regulations and Salov protocols
  • Modern Slavery Statement required from Filippo Berio UK suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Severe droughts
  • Water scarcity
  • Storms
Transition Risks
  • Increased energy costs
  • Regulatory changes
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI Standards 2021

Certifications: ISO 14001, ISO 45001

Third-party Assurance: SGS Italia S.p.A.

UN Sustainable Development Goals

  • 2, 3, 6, 7, 8, 9, 12, 13, 15, 17

The report details how various initiatives contribute to these SDGs.

Sustainable Products & Innovation

  • Long Life Oil
  • Enzymatic Degumming
  • Sustainable Select line (US market)

Awards & Recognition

  • 2023 Oil Prize (Filippo Berio Extra Vergine Classico Olive Oil)