Itla Bonaiti srl
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Renewable Energy Share:65%
Total Energy Consumption:13,188 MWh/year
Water Consumption:24,161 m3/year
Waste Generated:610 tons/year
ESG Focus Areas
- Economic sustainability
- Environmental sustainability
- Social sustainability
- Governance
Environmental Achievements
- Installed a 1MW photovoltaic system in Oggiono (8% of total electricity consumption)
- Transitioned from road to rail transportation for raw materials (significant Scope 3 emission reduction)
- Reduced emissions per ton produced through Lean Manufacturing (specific examples provided)
- Recycled 100% of steel scrap
Social Achievements
- Launched "We support positive actions" program supporting local communities and international projects
- Provided 5,520 hours of training, including 1,353 hours on health and safety
- 97% of employees have open-ended contracts
Governance Achievements
- Implemented an organizational, management, and control model to prevent offences (Legislative Decree 231/2001)
- Appointed a Supervisory Board to monitor compliance with the 231 Model
- No violations of anti-corruption laws or significant penalties in 2023
Climate Goals & Targets
Long-term Goals:
- Reduce greenhouse gas emissions by 55% by 2030 (in line with European Fit55 targets)
Medium-term Goals:
- Install 4.5MW of photovoltaic systems across three plants over the next three years
- Increase low-emission steel supplies
Short-term Goals:
- Complete commissioning of new quenching process by autumn 2024
- Full commissioning of photovoltaic system in Oggiono by Q2 2024
- Installation of nitrogen generator at Oggiono plant in 2024
Environmental Challenges
- Global geopolitical situation (Ukraine war, Red Sea trade crisis) impacting energy supply
- Securing supplies of low-emission steel
- Precise CO2 traceability and greenwashing concerns
- Attracting women to the manufacturing workforce
Mitigation Strategies
- Investment in new rolling mill and CTL line to increase production capacity
- Focus on "360° Quality" project to reduce defects and minimize CO2 emissions from rework
- Signing a Memorandum of Understanding with Vulcan Steel for low-emission steel quotas
- Continuous efforts to improve energy efficiency and increase renewable energy use
- Active engagement with trade unions and employees to address workplace issues
Supply Chain Management
Responsible Procurement
- Procurement evaluation procedure focusing on economic, environmental, and social sustainability
- Verification of supplier compliance with regulations
Climate-Related Risks & Opportunities
Transition Risks
- ETS price fluctuations
- CBAM implementation
Opportunities
- Development of energy-efficient products
- Use of low-emission steel
Reporting Standards
Frameworks Used: ESRS
Certifications: ISO 9001, IATF 16949
Third-party Assurance: No external assurance provided
Sustainable Products & Innovation
- Parallelepiped-shaped sheets to minimize material waste
- Tempered coils using hydrogen quenching