Climate Change Data

Favini S.r.l.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:55,212 tCO2e/year (Scope 1)
Scope 1 Emissions:55,212 tCO2e/year
Scope 2 Emissions:0 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:4% (electricity purchased from renewable sources)
Total Energy Consumption:970.603 GJ/year
Water Consumption:2.275,23 ML/year
Waste Generated:13.171 tons/year
Carbon Intensity:0.77 tCO2e/t paper (2023)

ESG Focus Areas

  • Energy Efficiency and Emissions
  • Circular Economy and Responsible Management of Resources
  • Staff Health, Training and Well-being
  • Sustainable Supply Chain
  • Shared Value

Environmental Achievements

  • Reduced CO2 emissions from Scope 1 and 2 by 9% between 2009 and 2023.
  • Achieved near-zero waste disposal in 2023.
  • 100% of pulp sourced from FSC certified suppliers.

Social Achievements

  • Low voluntary employee turnover (2.15% in 2023).
  • Significant increase in employee training hours over the last three years.
  • Welcomed 1,450 students to their mills in 2023.

Governance Achievements

  • Joined the UN Global Compact in 2023.
  • Published a Corporate Policy for Labour and Human Rights in 2022.
  • Implemented a Whistleblowing system updated as per Italian Legislative Decree 24/2023.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Replace gas as a fuel resource (pending technological developments).
Short-term Goals:
  • Maximize energy efficiency of facilities.

Environmental Challenges

  • Risk of reduction in paper consumption due to the shift to digital media.
  • Dependence on pulp supply influenced by unpredictable factors like climate and market demand.
  • Dependence on energy resources and fluctuations in energy costs.
  • Risk of water shortage due to reduced rainfall.
  • Technological gap in tools available to reduce environmental impact, particularly regarding energy.
Mitigation Strategies
  • Niche strategy in special paper market segments.
  • Contracts with suppliers defining annual quantities and careful analysis of order profitability.
  • Highly efficient technologies in plants, and annual contracts for energy supply when convenient.
  • Constant monitoring of water situation and commitment to reducing withdrawals.
  • Maximizing energy efficiency of facilities; replacing gas as fuel resource is a medium-to-long-term aim.

Supply Chain Management

Supplier Audits: 102 suppliers assessed (88% of selected sample, covering 75% of purchase turnover) using an in-house qualification questionnaire.

Responsible Procurement
  • In-house qualification questionnaire assessing business management, human rights, environment, business ethics, and responsible supply chain management; partnerships with local Italian suppliers where possible; 100% purchases of FSC™-certified virgin fibre materials.

Climate-Related Risks & Opportunities

Physical Risks
  • Water shortage
Transition Risks
  • Fluctuations in energy costs; risk of reduction in paper consumption.
Opportunities
  • Development of energy-efficient products.

Reporting Standards

Frameworks Used: GRI Standards (2021)

Certifications: UNI EN ISO 45001, UNI EN ISO 14001, EMAS, FSC™ (certificate number: FSC-C001810)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Sustainability strategy outlined in accordance with the 17 UN Sustainable Development Goals; 8 goals identified as most relevant.

Sustainable Products & Innovation

  • Alga Carta, Crush, Refit, Remake, Tree Free, Shiro Echo

Awards & Recognition

  • Not disclosed