Cherubini S.p.A.
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:1385 tCO2e (Scope 1 + Scope 2)
Scope 1 Emissions:471 tCO2e
Scope 2 Emissions:914 tCO2e
Renewable Energy Share:15.3%
Total Energy Consumption:4,673,000 kWh
Waste Generated:420 tons
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced natural gas consumption by 20%
- Reduced direct CO2 emissions (Scope 1) by 17%
- Reduced indirect CO2 emissions (Scope 2 - Market Based) by 20%
- 94% of waste sent for recycling or recovery
- 15.3% of indirect energy consumption from renewable sources
Social Achievements
- Launched Cherubini Academy for customer training
- Provided 1938 training hours in 2022
- Donated €554,000 to local associations and projects in the last three years
- Implemented smart working program
Governance Achievements
- Reorganized corporate governance based on international best practices
- Implemented a new governance model formalizing roles and responsibilities
- Defined the first sustainability governance model
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions by 2050 (mentioned in relation to Brescia Sustainability Pact 2050)
Environmental Challenges
- Energy and supply crises impacting global value chains
- Increased raw material prices
- Climate change requiring increased integration of sustainability into business practices
Mitigation Strategies
- Diversification of supplier pool
- Assessment of alternative materials to reduce costs
- Investment in digital transformation (€2.9 million in 2020-2022)
- Implementation of Microsoft Dynamics 365 software systems for improved efficiency
Supply Chain Management
Responsible Procurement
- Criteria for supplier selection: economic and financial factors, technical expertise, technological know-how, safety, quality, climatic and geopolitical risks
- 78.8% of expenditure to Italian suppliers
Climate-Related Risks & Opportunities
Opportunities
- Development of energy-efficient products (e.g., solar motor with lithium technology and photovoltaic cell)
Reporting Standards
Frameworks Used: GRI Standards 2021
Sustainable Products & Innovation
- Solar motor with lithium technology and photovoltaic cell
- Products designed for 10-year minimum lifespan
Awards & Recognition
- Bollino di Confindustria per l'Alternanza di Qualità (BAQ)
- Bollino di Confindustria Imprese in ITS (BITS)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:1385 tCO2e (Scope 1 + Scope 2)
Scope 1 Emissions:471 tCO2e
Scope 2 Emissions:914 tCO2e
Renewable Energy Share:12.3%
Total Energy Consumption:4,100,588 kWh
Waste Generated:571 tons
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Reduced direct emissions of CO2 (Scope 1) by 17% compared with 2021, with a total of 471 tCO2
- Reduced indirect emissions of CO2 (Scope 2 – Market Based) by 20% compared with the previous year, with a total of 914 tCO2
- 88% of waste generated by the company was sent for recycling or recovery in 2023
Social Achievements
- Launched Cherubini Social Responsibility (CSR) in 2021
- Provided 1,148 training hours in 2023 (average 4.05 hours per employee)
- Donated €468,390 to local associations and projects in the last three years
Governance Achievements
- Implemented a new governance model in 2022 based on international best practices
- Established a Family Council, a Board of Directors, and a Steering Committee
- Defined a sustainability governance model in 2022 involving a Steering and Operations Committee
Climate Goals & Targets
Long-term Goals:
- Neutralize remaining emissions by 2050 through offsets (as part of Pact for Sustainability Brescia 2050)
Environmental Challenges
- Global supply chain disruptions due to geopolitical tensions and rising raw material prices
- Decreased renewable energy consumption in 2023 compared to 2022
Mitigation Strategies
- Diversified supplier base in 2022, prioritizing suppliers investing in ESG
- Analysis of plastic moulding machine consumption and related efficiency upgrading plan (2024-2026)
- Initiatives to reduce energy consumption (modulation of working hours, LED lighting, automatic timers)
Supply Chain Management
Responsible Procurement
- Diversification of supplier base
- Prioritization of suppliers investing in ESG
- Dual sourcing for critical raw materials
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards
Sustainable Products & Innovation
- Solar motor with lithium technology and photovoltaic cell
- New generation of Cherubini motors with integrated dual-radio
- META home automation system
Awards & Recognition
- Confindustria Quality Alternance (BAQ) label
- Confindustria Imprese in ITS (BITS) label