Climate Change Data

Smeg S.p.A.

Climate Impact & Sustainability Data (2021, 2022, 2023)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:14,768 ton CO2eq (Scope 1 & 2)
Scope 1 Emissions:7,599 tonCO2eq
Scope 2 Emissions:7,169 tonCO2eq (location-based), 2,372 tonCO2eq (market-based)
Scope 3 Emissions:2,170,616 tonCO2eq
Renewable Energy Share:28%
Total Energy Consumption:210,628.63 GJ
Water Consumption:195.91 ML
Waste Generated:13,806.83 tons
Carbon Intensity:0.00001 tonCO2eq/€K (Scope 1), 0.00001 tonCO2eq/€K (Scope 2 location-based), 0.000003 tonCO2eq/€K (Scope 2 market-based)

ESG Focus Areas

  • Environmental Protection
  • People
  • Community and Territory
  • Responsible Governance
  • Design and Beauty

Environmental Achievements

  • Reduced energy consumption intensity (GJ/€K) to 0.00022, constant with respect to 2020.
  • Increased renewable energy share to 28% from 7% in 2020.
  • Maintained waste sent for recovery at over 95%.

Social Achievements

  • Achieved zero work-related injuries with serious consequences.
  • Increased female representation in the workforce by 6% compared to 2019.
  • Provided 24,012 hours of training Group-wide.

Governance Achievements

  • Established a Sustainability Committee.
  • Implemented a “Speak Up and Whistleblowing Policy”.
  • No proven incidents of corruption were registered in 2021.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Supply chain disruptions due to the Covid-19 pandemic and the war in Ukraine.
  • Increased costs of transitioning to eco-friendly materials.
  • Risk of generating environmental damage from company activities.
Mitigation Strategies
  • Collaborated with suppliers to optimize energy consumption and reduce transport costs.
  • Implemented energy-efficiency initiatives to reduce emission impacts.
  • Improved waste management to maximize waste sent for recovery.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Corporate procedure “Acquisition of materials and services of external origin”, Supplier questionnaire assessing social and environmental criteria, Smeg Group Quality Agreement

Climate-Related Risks & Opportunities

Physical Risks
  • Climate change events
Transition Risks
  • Increased costs of transition to eco-friendly materials, regulatory constraints
Opportunities
  • Development of energy-efficient products, collaboration with suppliers to optimize energy consumption

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001, ISO 13485, ISO 45001, ISO 14001, ISCC

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • 3, 8, 12, 13, 15

The Group is committed to contributing to the achievement of the 2030 Agenda, focusing on SDGs 3, 8, 12, 13, and 15 as priorities.

Sustainable Products & Innovation

  • Galileo Platform (multifunction smart ovens)

Awards & Recognition

  • Good Design Award (10th time)
  • One of Italy’s 200 Green Stars

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:2,335,384 tCO2e (Scope 1, 2, and 3)
Scope 1 Emissions:6,969 tCO2e
Scope 2 Emissions:2,617.18 tCO2e (market-based)
Scope 3 Emissions:2,325,798 tCO2e
Renewable Energy Share:29% (total energy), 72% (electricity consumed by production sites)
Total Energy Consumption:191,459 GJ
Water Consumption:253.28 ML (withdrawal)
Waste Generated:10,809.31 tons
Carbon Intensity:0.0000075 tCO2e/€K (Scope 1)

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced Scope 3 emissions by 26% compared to 2021
  • Increased renewable energy share to 29% (electricity) and 72% (electricity consumed by production sites)
  • Avoided 229.11 tonnes of CO2e through photovoltaic systems (40% increase compared to 2021)
  • 97% of waste sent for recycling (88% in 2021)

Social Achievements

  • 160 women hired (54% of white collars), a 32% increase compared to 2021
  • Launched Smart Working test phase
  • Implemented training programs and professional growth courses
  • Achieved 24% women in management positions

Governance Achievements

  • Established Sustainability Committee in 2020
  • Implemented Code of Ethics and Model 231
  • No reports received relating to non-conformity in terms of ethics and/or corruption

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions (goal mentioned, but no target year specified)
Medium-term Goals:
  • Progressive transition of commercial companies to renewable energy
  • Further expansion of photovoltaic systems
Short-term Goals:
  • 5% reduction in water consumption in Bonferraro labs and quality control rooms
  • 5% reduction in Bonferraro irrigation water consumption

Environmental Challenges

  • Macro-economic and geopolitical factors affecting major appliance sales
  • Increased energy and raw material prices
  • Supply chain disruptions
  • Difficulty in finding specialist personnel
Mitigation Strategies
  • Investing in technology to support energy efficiency
  • Adopting solutions for greater recovery of replaced products
  • Initiatives with local employment agencies
  • Promoting work-life balance

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Acquisition of materials and services procedure
  • Supplier qualification process
  • Quality Agreement/Supplier Agreement
  • Code of Ethics and Model 231 adherence requirement for suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Climate change events
Transition Risks
  • Increased costs of transition to eco-friendly materials
  • Regulatory constraints
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards (version 2016, as amended)

Certifications: ISO 9001, ISO 13485, ISO 45001, ISO 14001, ISCC

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • SDG 3
  • SDG 8
  • SDG 9
  • SDG 12
  • SDG 13

The report details how various initiatives contribute to these SDGs.

Sustainable Products & Innovation

  • Galileo Platform ovens (A++ energy class)
  • Small domestic appliances with Tritan™ Renew

Awards & Recognition

  • Good Design Award

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:2,588,343 tCO2e (2,340,248 in 2022)
Scope 1 Emissions:6,520 tCO2e (7,091 in 2022)
Scope 2 Emissions:5,196 tCO2e (2,665 in 2022)
Scope 3 Emissions:2,576,627 tCO2e (2,330,513 in 2022)
Renewable Energy Share:17% (29% in 2022)
Total Energy Consumption:181,558.82 GJ (191,459.45 GJ in 2022)
Water Consumption:195.52 ML (253.28 ML in 2022)
Waste Generated:9,484.53 tons (10,809.31 tons in 2022)
Carbon Intensity:0.0000076 tCO2e/€K (Scope 1); 0.0000054 tCO2e/€K (Scope 2 location-based); 0.0000061 tCO2e/€K (Scope 2 market-based)

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Reduced energy withdrawn from the grid by 30% at the Guastalla site due to energy efficiency measures and photovoltaic system expansion.
  • 96% of waste sent for recovery (97% in 2022).
  • Reduced Scope 1 + Scope 2 emissions by 20% compared to 2022.
  • Reduced energy consumption by 5% compared to 2022.

Social Achievements

  • Launched various training programs totaling 21,358 hours (+43% compared to 2022).
  • 96.4% of employees have permanent contracts (+2.4% compared to 2022).
  • Increased women in management positions to 25%.
  • 42% of women among new hires in the last three years.

Governance Achievements

  • Established a Sustainability Committee in 2020.
  • Updated the Model 231 and Code of Ethics.
  • Implemented a Speak Up and Whistleblowing Policy.

Climate Goals & Targets

Long-term Goals:
  • Unspecified
Medium-term Goals:
  • Achieve 100% renewable electricity supply.
  • Obtain QualiRépar certification (Smeg France).
Short-term Goals:
  • Integrate ESG compliance questionnaire into supplier qualification process by 2024.
  • Achieve zero accidents and zero occupational diseases.

Environmental Challenges

  • Decreasing demand in the major domestic appliances sector.
  • Difficulty in finding specialist personnel.
  • Supply chain disruptions.
  • Geopolitical instability.
Mitigation Strategies
  • Investing in R&D to create new products and improve efficiency.
  • Collaborating with local employment agencies.
  • Implementing sustainable logistics decisions (avoiding air freight).
  • Strengthening relationships with suppliers.

Supply Chain Management

Supplier Audits: Unspecified number; audits performed to analyze supplier responsibility towards environmental protection.

Responsible Procurement
  • Code of Ethics
  • Model 231
  • Supplier qualification procedure
  • Quality Agreement

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme climatic events
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards (2016, as amended)

Certifications: ISO 9001, ISO 13485, ISO 45001, ISO 14001, ISCC

Third-party Assurance: Third-party verification of Carbon Footprint 2022; no assurance for 2023 report.

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation and Infrastructure)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)

Initiatives contributing to these goals are described throughout the report.

Sustainable Products & Innovation

  • Galileo Platform ovens (A++ energy class)
  • Products made with Tritan™ Renew

Awards & Recognition

  • Good Design Award