Climate Change Data

Almag S.p.A.

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:27,289 tCO2e/year (2022)
Scope 1 Emissions:5,973 tCO2e/year (2022)
Scope 2 Emissions:21,316 tCO2e/year (2022, location-based); 37,252 tCO2e/year (2022, market-based)
Renewable Energy Share:0.50% (2022)
Total Energy Consumption:412,875 GJ/year (2022)
Water Consumption:79 ML/year (2022)
Waste Generated:9,003 tons/year (2022)
Carbon Intensity:0.15 (2022)

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced total energy consumption by 9% from 2021 to 2022.
  • Reduced dust emissions by 18% with a new fume extraction system.
  • 96% of waste destined for recycling.

Social Achievements

  • Increased training hours by 34% in 2022 compared to 2021, exceeding 21 hours/year per collaborator.
  • Implemented a Work Health Promotion program with initiatives focused on nutrition, life-work balance, sustainable mobility, and addiction prevention.
  • Provided an extra contribution of €1,600 to each employee in 2022 to address geopolitical challenges.

Governance Achievements

  • No episodes of non-compliance with laws and regulations or corruption in 2022.
  • Implemented a robust Organisation, Management and Control Model (OMCM) to prevent crimes.
  • Established a Sustainability Policy and reporting procedure.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Completing the carbon footprint analysis with the integration of Scope 3.
  • Developing specific initiatives with regard to Diversity and Inclusion.
  • Preparing a training program for different corporate categories on sustainability topics.
Short-term Goals:
  • Gradually replacing the corporate fleet with hybrid or electric vehicles.
  • Increasing the share of renewable energy through self-production with photovoltaics.
  • Setting gradual reduction targets for Scope 1 and 2 emissions.

Environmental Challenges

  • Reducing indirect GHG emissions (Scope 2) from electricity consumption.
  • Reducing energy consumption from the company fleet.
  • Managing the supply chain responsibly, considering the ESG criteria of suppliers.
Mitigation Strategies
  • Purchasing energy from renewable sources with guarantees of origin.
  • Gradually replacing the company fleet with electric or hybrid vehicles.
  • Introducing ESG criteria during the selection and certification of all suppliers, conducting ESG risk assessments on the supply chain.

Supply Chain Management

Responsible Procurement
  • Sending a Code of Conduct document for acceptance to suppliers.
  • Preventive and continuous controls through the procedure for the qualification and selection of raw material suppliers.
  • Checks on raw material suppliers to ensure that tin does not come from conflict zones.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001:2015, ISO 14001, ISO 45001, ISO 50001

UN Sustainable Development Goals

  • Not disclosed

Sustainable Products & Innovation

  • CW724R alloy (lead-free brass alloy)