Arena S.p.A. Società Benefit
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:517.6 tonnes CO2e (Scope 1 & 2)
Scope 1 Emissions:5.1 tonnes CO2e
Scope 2 Emissions:113.4 tonnes CO2e
Renewable Energy Share:62% (98% in Tolentino HQ)
Water Consumption:4,506 m3
Waste Generated:129,354 tonnes (recycled/reused)
ESG Focus Areas
- Purpose-driven company
- Double purpose mindset
- Stakeholder paradigm & transparency
- Health, wellness & safety
- People engagement & satisfaction
- Better products
- Civic engagement & giving
- Supply co-evolution
- Carbon neutrality & responsible processes
Environmental Achievements
- 62% renewable electricity usage globally (98% in Tolentino HQ)
- 129.354 tonnes of non-hazardous waste recycled or reused
- Launched FINA-approved racing suit made with recycled ECONYL® yarn
- Partnership with zeroCO2 for marine reforestation project in Sardinia and mangrove planting in Guatemala to offset emissions from SS23 and FW23 sales events
Social Achievements
- Launched internal development process, "People Strategy"
- Implemented flexible work arrangement, with 53% of corporate population participating
- Invested in employee benefits (fuel & food vouchers, medical insurance subsidy)
- Co-creative workshops to redefine Arena's core values with 100% participation
- Supported Marche region flood victims with €10,000 donation and garment donations
- Supported Sport Senza Frontiere with €8,000 donation
- Donated 50% of proceeds from Breast Cancer Awareness Month collection to Keep a Breast
- Donated 50% of profits from Pride collection to Athlete Ally
- Supported Ukrainian water sports team with kits and equipment
- Partnered with Oceanman for open water swimming events
- Supported various national swimming federations and US colleges
Governance Achievements
- Established ESG Committee - The Arena B Team
- Linked 10% of management bonus to ESG performance
Climate Goals & Targets
Long-term Goals:
- Net carbon neutral operations powered by 100% renewable sources
Medium-term Goals:
- Transforming Arena into a Società Benefit (Benefit Corporation)
Short-term Goals:
- 100% SS23 and FW23 swimwear styles made with recycled fibers
- Launch of organic cotton beach towels
- Mapping of social and environmental performance of 80% of suppliers
Environmental Challenges
- Supply chain disruptions
- Climate crisis
- Challenges to improving environmental and social sustainability performance, especially circularity
Mitigation Strategies
- Cultivating resilience and responding with a solution-oriented approach
- Investing in renewable energy
- Implementing energy efficiency measures
- Offsetting emissions from events through reforestation projects
- Developing sustainable product design and manufacturing practices
- Working with suppliers to improve sustainability performance
Supply Chain Management
Supplier Audits: 50 third-party inspections in 2022
Responsible Procurement
- Supplier Code of Conduct (available in 21 languages)
- Fair Labor Association (FLA) membership
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI, B Impact Assessment (BIA)
Certifications: Oekotex, FSC®
Sustainable Products & Innovation
- Powerskin ST Next (recycled ECONYL® yarn)
- Goggles and caps with recycled silicon
- Flip flops with FSC-certified rubber
Reporting Period: 2023
Environmental Metrics
Scope 1 Emissions:484 tCO2e (2023)
Scope 2 Emissions:116 tCO2e (2023)
Renewable Energy Share:64% (2023)
Total Energy Consumption:2035 MWh (2023)
Water Consumption:7,635 m3 (2023)
Waste Generated:123.98 tons (2023)
Carbon Intensity:3.70 (2023)
ESG Focus Areas
- Climate Change
- Water and Marine Resources
- Waste Management
- Circular Economy
- Own Workforce
- Affected Communities
- Business Conduct
- Governance
Environmental Achievements
- 100% of electricity at Tolentino HQ from renewable energy
- 69% self-produced and consumed energy for R&D unit in Rovetta
- 32.5% green electricity for manufacturing plant in Velky
- 17% reduction in carbon intensity index
- Partnership with Healthy Seas for ghost net clean-ups
- Partnership with zeroCO2 for mangrove reforestation project offsetting approximately 400 tCO2e
- 100% of products on total turnover covered by the Restricted Substance List (RSL)
- 57% of products in the SS23+FW23 collection with at least one responsibility attribute
- 100% of paper used is FSC certified paper
Social Achievements
- Launched “Arena Loves Sport” initiative including tennis tournament and B2Run Munich participation
- Launched “Arena Loves Swimming” initiative for Tolentino employees
- Became official supplier of World Para Swimming
- 68% employee satisfaction rate
- 58% employee participation rate in climate survey
- 50% of new hires followed a structured onboarding process
- 2,184 total training hours provided (4.9 hours/FTE)
- Clean-up activity with Poltrona Frau and Plastic Free, collecting over 1,000 kg of waste
Governance Achievements
- Became a “Società Benefit” (Benefit Corporation)
- Implemented Management by Objectives (MBOs) with 10% of top managers' goals linked to sustainability KPIs
- Established a new reporting channel for whistleblowing in compliance with Legislative Decree 24/2023
- 100% of suppliers signed Arena’s Code of Conduct
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions
Medium-term Goals:
- 100% of swimwear and beachwear styles made with responsible features (2024)
- 60% of products with sustainability attributes (2024)
- 80% of Tier 1 suppliers engaged in sustainability training (2024)
- 65% of Arena Group energy from renewable sources (2024)
Short-term Goals:
- Involve at least 30% of Arena employees in sports activities (2024)
- Reach 65% employee satisfaction (2024)
- 75% of new hires to follow onboarding process (2024)
- 100% of top management with sustainability goals (2024)
- 5 hours per employee of formal training provided (2024)
Environmental Challenges
- High-water consumption and waste management in the textile industry
- GHG emissions generated along the value chain (Scope 3 emissions)
- Transition risks in moving to a low-carbon economy
- Extreme events linked to climate change
- Inability to adapt material and product design to circular economy standards
Mitigation Strategies
- Investing in renewable energy sources (solar panels)
- Implementing energy efficiency measures (LED revamping)
- Carbon offsetting through reforestation projects
- Adopting a travel policy that prioritizes video calls over unnecessary trips
- Increasing the use of recycled fibers and sustainable materials
- Implementing proper waste management systems
- Developing a take-back program for damaged/broken products
Supply Chain Management
Supplier Audits: Risk-based approach using third-party assessments and FLA Assessment
Responsible Procurement
- Supplier Code of Conduct
- CSR Manual
- Green Purchasing Policy
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Regulatory changes
- Market shifts
Opportunities
- Development of energy-efficient products
- Self-production of renewable energy
Reporting Standards
Frameworks Used: ESRS
UN Sustainable Development Goals
- SDG 3
- SDG 4
- SDG 7
- SDG 8
- SDG 12
- SDG 13
- SDG 14
- SDG 17
Initiatives contribute to these goals through various programs and partnerships
Sustainable Products & Innovation
- Powerskin ST NEXT (recycled materials)
- Calypso Bay collection (supports Great Barrier Reef Foundation)
- Let it Beat collection (supports Athlete Ally)
- Breast Cancer Awareness collection (supports Keep A Breast Foundation)