Climate Change Data

Environmental Metrics

ESG Focus Areas

• Decarbonization
• Energy Efficiency
• Environment protection – water efficiency and waste management
• Circular Economy
• Human Capital
• Diversity, inclusion, and equity
• Local company citizenship
• Health and Safety
• Transparency

Environmental Achievements

• Conversion of 2 Test Benches from internal combustion engine to Hydrogen engines in 2021
• Upgraded three engine test benches for applications using hydrogen as a fuel
• Realized a demonstration vehicle using an innovative dual fuel propulsion system (diesel +H2) to show that decarbonization can set off from the principle of technological neutrality.
• 16% of the grid energy supplied by renewable energy sources.
• 83% material recycling rate in 2020

Social Achievements

• Deployed +150 courses, involving +500 employees and for a total of about 21,000 training hours.
• Conducted a work environment survey to measure employee engagement.
• Sponsored 2 employee resource groups (WIDE and PUNCH NOW) focused on diversity and inclusion and employee engagement.

Governance Achievements

• Implemented an Organizational Model 231/01 covering the whole range of crimes linked to a company and its employees, setting up procedures and processes to prevent employees from committing crimes unconsciously.
• ISO/IEC 9001 certified

Climate Goals & Targets

Environmental Challenges

• Reducing CO2 emissions from testing operations
• Improving energy efficiency
• Reducing water consumption and wastewater discharge
• Optimizing waste management and recycling
• Developing circular economy strategies
• Improving employee engagement and skills
• Promoting diversity, inclusion, and equity
• Strengthening local community engagement
• Improving health and safety
• Increasing transparency

Mitigation Strategies

• Developing studies for engines to comply with future EU emission limit scenarios and targeting energy independence
• Implementing energy saving activities (LED lighting, presence sensors, etc.)
• Promoting a respectful use of water through communication campaigns
• Implementing a strong waste management system with pre-treatment before incineration or final disposal
• Focusing on Additive Manufacturing (AM) technologies to reduce resource consumption
• Investing in employee training and upskilling
• Sponsoring employee resource groups
• Collaborating with local universities and institutions
• Organizing safety week and layered audits
• Implementing an Organizational Model 231/01 for crime prevention

Supply Chain Management

Responsible Procurement

• Ethical principles and transparency in the choice of suppliers

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO/IEC 9001

Sustainable Products & Innovation

• Zero–emission Made in Italy e-kickscooter

Environmental Metrics

ESG Focus Areas

• Energy Efficiency
• GHG Emissions
• Environment protection (water efficiency and waste management)
• Circular economy
• Diversity, Inclusion and Equity
• Human Capital Excellence
• Local company citizenship
• Health and Safety
• Transparency and Sustainable Procurement
• Company Culture and Ethics
• Sustainable Procurement

Environmental Achievements

• Reduced diesel consumption by 66,000 kg
• Reduced electricity use by 874,766 kWh
• Reduced heating consumption by 1,140,500 kWh
• Reduced total energy consumption from 14.608,5 MWh in 2022 to 12.621,4 MWh in 2023
• Reduced direct GHG emissions by 22%
• Reduced indirect GHG emissions by 29%
• Partially recovered water from fuel cells and used it for pavement washing
• Decreased plastic packaging waste due to water dispenser installation
• Transitioned from single-use jerry cans to reusable IBC tanks for Diesel exhaust fluid

Social Achievements

• Provided over 8,600 training hours to employees (+90 courses)
• Supported 3 employee resource groups (ERGs) focused on inclusion, diversity, and sustainability
• Published the second Diversity & Inclusion Report
• Supported 8 PhD fellowships and 30 internships/thesis projects with local universities
• Maintained a low incident rate (1 incident in 2023)

Governance Achievements

• Updated Code of Ethics and Code of Conduct
• Implemented a whistleblowing procedure
• Maintained ISO/IEC 27001 (Information Security) and obtained VDA/ISA TISAX certifications
• Maintained ISO/IEC 9001 certification with zero non-conformities
• Developed an antitrust policy

Climate Goals & Targets

Environmental Challenges

• Climate change and the need for carbon neutrality by 2050
• Managing energy consumption from various non-renewable sources
• Assessing and reducing Scope 3 GHG emissions
• Increasing water consumption due to new office space and a leakage
• Managing waste from testing activities and office supplies
• Improving diversity and inclusion at executive levels
• Structuring sustainable procurement practices
• Integrating ESG goals into procurement and supply chain

Mitigation Strategies

• Implementing energy-saving initiatives and optimizing facility equipment
• Shifting to hydrogen technologies for testing
• Developing a comprehensive CO2 emission reduction plan
• Implementing water conservation measures and leak detection
• Improving waste management processes and increasing recycling
• Supporting ERGs and diversity initiatives
• Developing a sustainable procurement plan and integrating ESG criteria into supplier selection
• Implementing an e-procurement tool for better supplier management

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Integrating ESG goals into procurement and supply chain
• Developing a sustainable procurement plan

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Development of hydrogen technologies

Reporting Standards

Frameworks Used: GRI Standard, ESRS (partially)

Certifications: ISO/IEC 27001, VDA/ISA TISAX, ISO/IEC 9001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Hydrogen Internal Combustion Engine (H2ICE)
• Fuel cells

Awards & Recognition

• Not disclosed