Climate Change Data

Green Media Lab Srl SB

Climate Impact & Sustainability Data (2020, 2021, 2022)

Reporting Period: 2020

Environmental Metrics

Renewable Energy Share:50%

ESG Focus Areas

  • Circular economy and sustainable models
  • Collaboration with non-profit organizations
  • Initiatives for civil society and local community
  • Employee satisfaction and well-being
  • Environmental preservation and carbon neutrality

Environmental Achievements

  • Implemented measures for energy efficiency, including LED lighting and energy-efficient appliances.
  • Installed 'Fabbrica dell'Aria' air purification system using plants.
  • Used recycled materials for office furniture and decor.
  • Implemented responsible water management practices, including installing Wami water dispensers.
  • Purchased energy from renewable sources (50% in 2020).

Social Achievements

  • Developed and delivered 5 webinars on sustainability, reaching 600 participants.
  • Provided CSR training to over 200 employees from partner companies.
  • Collaborated with various non-profit organizations, including Worldrise, Next Economia, Cittadini per l’Aria, Deafal ONG, A Sud Onlus, and Recup APS.
  • Provided pro bono communication support to non-profit organizations.
  • Made monetary donations to WWF, Italian Red Cross, ASST Fatebenefratelli Sacco, Emergency, and Save the Children.

Governance Achievements

  • Became a B Corp in 2018 and a Società Benefit in 2020.
  • Joined the UN Global Compact.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality by reducing emissions and compensating the remainder through certified carbon credits and carbon sink projects.
  • Transition to 100% renewable energy.
  • Develop a system for tracking Scope 1, 2, and part of Scope 3 emissions.
Medium-term Goals:
  • Develop a series of events promoting sustainable development principles.
  • Promote and support sporting events, reducing environmental impact.
  • Participate in institutional events to promote healthy institutions and interdependence.
  • Develop an urban regeneration project considering natural and social aspects.
Short-term Goals:
  • Develop a continuous volunteer program with partners.
  • Proactively support partner associations.
  • Share company assets (office space) with partner associations.
  • Develop joint socio-environmental stakeholder engagement programs.

Environmental Challenges

  • COVID-19 pandemic impacted offline events and data collection (waste management, CO2 emissions).
  • Office relocation hindered accurate CO2 emission tracking.
  • Renewable energy supply was only 50% due to office relocation.
Mitigation Strategies
  • Shifted to online events and webinars.
  • Implemented new tracking systems for future reporting.
  • Planned to switch to 100% renewable energy in the future.

Supply Chain Management

Responsible Procurement
  • Preference for recycled and compostable materials.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: B Impact Assessment

Certifications: B Corp

Reporting Period: 2021

Environmental Metrics

Renewable Energy Share:100%
Waste Generated:6,275 kg

ESG Focus Areas

  • Circular economy
  • Collaboration with non-profits
  • Community initiatives
  • Employee well-being
  • Environmental preservation

Environmental Achievements

  • Achieved 100% renewable energy for the main office.
  • Reduced plastic waste by approximately 10% during Plastic Free July.
  • Made Emoving Days and Outdoor & Running Business Days carbon neutral through carbon credit purchases.

Social Achievements

  • Supported several non-profit organizations through volunteering and donations (totaling €16,100).
  • Helped Cortilia and AWorld obtain B Corp certification.
  • Organized events promoting well-being (yoga day), inclusivity (Emoving Days), and gender equality.
  • Provided training on CSR, SDGs, and B Corp to over 200 people.

Governance Achievements

  • Maintained B Corp certification with 80.01 points, aiming for 89.4 points in re-certification.
  • Published the first Communication on Progress report as part of the UN Global Compact.

Climate Goals & Targets

Long-term Goals:
  • Achieve carbon neutrality.
Medium-term Goals:
  • Implement a comprehensive carbon neutrality strategy.
Short-term Goals:
  • Improve B Impact Assessment score to 89.4 points.

Environmental Challenges

  • Limited number of B Corps in Italy.
  • Need for greater awareness of SDGs among the Italian population.
  • Difficulty in implementing a comprehensive carbon neutrality strategy.
Mitigation Strategies
  • Actively promoting B Corp certification and Societas Benefit among businesses.
  • Conducting research on SDG awareness in Italy.
  • Purchasing carbon credits to offset event emissions, working towards internal carbon neutrality strategy.

Supply Chain Management

Responsible Procurement
  • Purchase of recycled and compostable materials.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: B Impact Assessment

Certifications: B Corp

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:1409 tCO2e
Scope 1 Emissions:13.41 tCO2e
Scope 2 Emissions:0 tCO2e
Scope 3 Emissions:153 tCO2e
Renewable Energy Share:100%
Total Energy Consumption:43132 kWh
Water Consumption:0.234 ML

ESG Focus Areas

  • People
  • Planet
  • Community
  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced Scope 1 and 2 emissions by 45% compared to 2021
  • 100% renewable energy sourcing
  • Compensated for emissions from 4 events

Social Achievements

  • 70% women in managerial roles
  • 20 hours of volunteering per employee
  • 17 pro bono projects
  • €15,000 donated to charities

Governance Achievements

  • Improved B Corp score by 4.59 points to 84.6
  • Formation of a Sustainability Committee planned for 2023

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2030
Medium-term Goals:
  • Reduce Scope 1 and 2 emissions by 75%, reduce Scope 3 emissions by 30%
Short-term Goals:
  • Reduce Scope 1 and 2 emissions by 55% compared to 2021
  • Reduce Scope 3 emissions by 10%

Environmental Challenges

  • Reducing Scope 3 emissions
  • Maintaining high employee satisfaction
Mitigation Strategies
  • Implemented actions to reduce Scope 3 emissions (e.g., using eco-friendly packaging, promoting low-impact transportation)
  • Implemented various employee well-being initiatives (e.g., yoga classes, flexible working hours, pet-friendly office)

Supply Chain Management

Responsible Procurement
  • 50% of suppliers are local

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards (In accordance)

Certifications: B Corp

UN Sustainable Development Goals

  • SDG 7
  • SDG 8
  • SDG 9
  • SDG 10
  • SDG 12
  • SDG 13
  • SDG 17

The report details how Green Media Lab's initiatives contribute to these goals.