Climate Change Data

Tinexta S.p.A.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:2704 tCO2e/year (Scope 1 and 2 location-based)
Scope 1 Emissions:1670.2 tCO2e/year
Scope 2 Emissions:1033.5 tCO2e/year
Total Energy Consumption:39161 GJ/year
Waste Generated:0.78 tons/year (WEEE and cartridges)

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Developed a three-year ESG plan (2023-2025) and identified KPIs to monitor achievement of objectives.
  • New Milan office designed with energy efficiency in mind and obtained LEED Platinum certification.
  • Rome office under construction aiming for BREAM International Non-Domestic Refurbishment 2015 certification.
  • Reduced use of plastic in Milan office.
  • Maximized use of digital signatures.
  • Implemented separate waste collection and equipment recovery.
  • Increased procurement from renewable sources (photovoltaic panels at Yoroi headquarters).
  • Launched energy consumption monitoring activity and calculated Scope 1 GHG emissions.
  • Launched analysis of Scope 2 location-based GHG emissions and other emissions.
  • Offset 986 tonnes of CO2 (36% of Group level emissions) through a certified offsetting project.
  • InfoCert joined the SBTi programme to reduce emissions based on scientific criteria.

Social Achievements

  • Developed the Tinexta Leadership Model to define values, skills, and behaviors for success.
  • InfoCert obtained UNI/PDR 125:2022 certification on gender equality.
  • InfoCert provided training for people with autism spectrum disorders.
  • InfoCert certified as a Dyslexia Friendly company.
  • Warrant Hub supported the San Patrignano Community Theatre.
  • Many companies introduced young women to STEM professions.
  • Significant growth in skills with 351 hires (38% women, 41% under 30).
  • Employee turnover rate decreased to 10%.
  • Implemented remote work and flexible hours.
  • Various corporate volunteering projects (InfoCert, Camerfirma, Sixtema, Visura).

Governance Achievements

  • Updated Code of Ethics and Conduct.
  • Issued Group Anti-Corruption Guidelines.
  • Updated risk mapping methodology in the Group's ERM process.
  • No anti-corruption incidents or cases of contractual claims or sanctions for contribution irregularities recorded.
  • Updated 231 Guidelines and Tinexta's 231 Model.
  • Updated procedures for managing whistleblowing.
  • InfoCert obtained ISO 37001 certification on anti-corruption.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions (target year not specified).
Medium-term Goals:
  • Achieve targets defined in the 2024-2025 ESG Plan KPIs (e.g., increase in women in managerial roles, reduction in work-related injuries, increase in hybrid/electric company cars).
Short-term Goals:
  • Implement actions defined in the 2023-2025 ESG Plan.

Environmental Challenges

  • Macroeconomic and geopolitical complexities (armed conflicts in Ukraine and Israeli-Palestinian region).
  • Increased competitiveness in the market.
  • Potential risks related to data protection and cyber security.
  • ESG risks related to personnel training and development, talent acquisition and retention, business ethics, diversity, data protection, governance, economic performance, responsible tax management, occupational health and safety, sustainable supply chain, sustainable products and innovation, and responsible energy management.
Mitigation Strategies
  • Strong ability to adapt to challenges.
  • Careful M&A strategy with ESG parameters integrated into the evaluation of new acquisitions.
  • Implementation of the ESG Plan (2023-2025) with specific initiatives and KPIs.
  • Continuous improvement of governance tools (Code of Ethics, 231 Model, whistleblowing procedures, Anti-Corruption Guidelines).
  • Risk mapping methodology in the Group's ERM process.
  • Implementation of safeguards to prevent corruption.
  • Succession Contingency Plan.
  • Continuous implementation of systems and technologies to automatically delete data at the end of the processing period.

Supply Chain Management

Responsible Procurement
  • Procurement procedure with criteria for managing supplier register.
  • Examination of sustainability criteria (UNI EN ISO 14001) during qualification phase.
  • Introduction of environmental requirements inspired by minimum environmental criteria.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: UNI EN ISO 9001:2015, ISO/IEC 27001, eIDAS, SOC 2 type II, UNI/PDR 125:2022 (InfoCert), ISO 37001 (InfoCert), LEED Platinum (Milan office), BREAM International Non-Domestic Refurbishment 2015 (Rome office - target)

Third-party Assurance: KPMG S.p.A.

Sustainable Products & Innovation

  • Digital services for business innovation (reducing paper use and travel).

Awards & Recognition

  • Tinexta Leadership Model recognized as best consultancy project in Digit'Ed Fast Forward 2023 contest.