Climate Change Data

FIERA MILANO S.P.A.

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:16,388 tCO2e/year
Scope 1 Emissions:783 tCO2e/year
Scope 2 Emissions:15,605 tCO2e/year (market-based)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:38%
Total Energy Consumption:Not disclosed
Water Consumption:2,040,120 m3/year
Waste Generated:8,406 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Health and safety
  • Corporate governance
  • Customer experience
  • Environmental impact
  • Decarbonisation of events
  • Human resources
  • Diversity & Inclusion

Environmental Achievements

  • Reduced GHG emissions by 22% compared to 2019 (16,388 tCO2e in 2022)
  • Increased renewable energy share to 38% of total energy use
  • Achieved first carbon-neutral event (Homi Fashion&Jewels)
  • Installed 8.2 MWp photovoltaic system

Social Achievements

  • Increased employee training hours by 80% compared to 2020 (9,323 hours in 2022)
  • Launched the “2022–2024 HR and Organisation Action Plan”
  • Introduced the role of Diversity & Inclusion Manager
  • Increased female representation in the workforce to 57%
  • Implemented employee welfare plan with 100% coverage

Governance Achievements

  • Formal adoption of the Corporate Governance Code
  • Launched the Sustainability Ambassadors network
  • Structured a new three-year Long Term Incentive Plan (LTI) with 20% linked to sustainability targets
  • Achieved a Sustainalytics ESG rating of 16.9 (Low Risk)
  • Obtained ISO 20121 certification for BIT exhibition

Climate Goals & Targets

Long-term Goals:
  • Net zero GHG emissions by 2050
Medium-term Goals:
  • Increase renewable energy share to 50% by 2025
  • Obtain ISO 45001 and ISO 14001 certifications
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Extreme weather events and natural disasters
  • Greenhouse gas emissions
  • Waste management (abandonment of waste by third parties)
  • Market demands for sustainability certification
  • Non-adherence to personal data protection legislation
  • Cyber security risks
  • Employee engagement and satisfaction
  • Dependence on key personnel
  • Risks related to the legal framework on health and safety
  • Risks associated with undeclared labour
  • Risks related to business ethics and integrity in the supply chain
Mitigation Strategies
  • Business Continuity Management framework
  • Maintenance work on exhibition facilities
  • Insurance coverage (PDBI, liability, cyber)
  • Photovoltaic system installation and expansion
  • 100% renewable electricity for Allianz-MiCo
  • Organisational, procedural, and insurance measures for emissions
  • Waste management operating plan
  • Waste Manager role
  • Waste management guidelines
  • Civil liability insurance for pollution
  • Structured sustainability framework
  • LEED certifications
  • ISO certifications
  • Data breach procedure
  • DPO appointment
  • Personal data protection policy
  • GDPR training
  • IT security policies and procedures
  • Data protection, email protection, endpoint detection, network protection, mobile protection, IAM solutions
  • New Data Center with geographical redundancy
  • SOC and MDR services
  • Cyber Threat Intelligence service
  • Collaboration with CNAIPIC
  • Business Continuity Management (BCM) framework
  • Cybersecurity training
  • Cyber risk insurance
  • Annual engagement survey
  • HR plan with development plans and reward policies
  • Agile work scheme
  • Leadership Community project
  • LTI incentive plan
  • Scuola dei Mestieri (Trade School)
  • Monitoring supplier selection process
  • Risk Assessment Report (DUVRI)
  • Updated 231 Model
  • Health, Safety and Environment Action Plan (PASSA)
  • Technical Regulations for Exhibitions
  • Memorandum of understanding on occupational safety
  • Procurement procedure, reputational assessment, technical-economic qualification
  • Code of Ethics and policies to prevent illegal employment
  • 231 Model (special sections on employment offences)
  • Accreditation and access control
  • On-site supervision
  • Contractual provisions (integrity pact, etc.)
  • Memorandum of understanding on worker protection

Supply Chain Management

Supplier Audits: 649 reputational checks in 2022; 80% of procurement value contracted included ESG elements

Responsible Procurement
  • Supplier Register with technical, financial, and reputational assessments
  • ESG criteria in supplier selection (aiming for 75% coverage by 2025)
  • Green Procurement Procedure
  • Integrity Pact

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Market demands for sustainability certification
Opportunities
  • Development of energy-efficient products and services

Reporting Standards

Frameworks Used: GRI Standards, TCFD guidelines

Certifications: ISO 9001:2015, ISO 20121:2013, LEED Gold (Allianz-MiCo), Healthy Venue Gold (Allianz-MiCo)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Wèp panels from recycled carpet

Awards & Recognition

  • Sustainalytics ESG rating
  • ET.Group Integrated Governance Index
  • Credit Suisse Sustainability Award
  • UFI Sustainable Development Award (finalist)