Climate Change Data

Zignago Vetro S.p.A.

Climate Impact & Sustainability Data (2021, 2022)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:168,440 tonnes of CO2
Renewable Energy Share:44.6%
Total Energy Consumption:1,172,401 MWh equivalents
Water Consumption:1,166 Mm3
Waste Generated:5,931.9 tonnes
Carbon Intensity:0.502 tonnes of CO2/tonne of molten glass in 2021

ESG Focus Areas

  • Environmental Protection
  • Social Responsibility
  • Governance

Environmental Achievements

  • Increased renewable energy component to 44.6% of total consumption.
  • Reduced CO2 emissions per tonne of molten glass by -2.3%.
  • Reduced water consumption per tonne of molten glass by -32.8%.
  • Increased the percentage of PCR cullet used to 49.6% of glass produced.
  • Reduced waste generated per tonne of molten glass by -4.7%.

Social Achievements

  • Launched the “Zignago Vetro and Art” project to support artists.
  • Improved working conditions and employee training.
  • Implemented a specific Human Rights Policy.
  • Maintained a low employee turnover rate of 4.1%.
  • Distributed funds to institutions supporting people and families in need.

Governance Achievements

  • Approved the Board of Directors and Internal Committees Regulation.
  • Adopted a new ESG policy.
  • Revised the Related Party Transactions Policy.
  • Updated the organisational model and Code of Ethics.
  • Strengthened corporate governance through various policy revisions and certifications.

Climate Goals & Targets

Long-term Goals:
  • Reduce specific GHG emissions to 0.351 tonnes of CO2/ton by 2030.
Medium-term Goals:
  • Reduce specific emissions by -30% by 2030.
  • Reduce specific energy consumption by -15% by 2030.
  • Increase renewable energy share to 100% by 2030.
  • Reduce specific water consumption by -58.5% by 2030.
  • Achieve 70% PCR cullet in glass production by 2030.
Short-term Goals:
  • Reduce CO2 emissions (Scope 1 and 2) per tonne of molten glass by -1.0%.
  • Increase the percentage of electricity from renewable sources to 46%.

Environmental Challenges

  • Limited availability of PCR cullet for white glass production.
  • Increased work-related injuries at Polish and French plants.
  • Scope 3 emissions increased due to improvements in reporting and increased commuting.
Mitigation Strategies
  • Investing in cutting-edge technology to improve cullet recycling capacity.
  • Implementing measures to improve workplace health and safety at all plants.
  • Engaging with main partners in the value chain to reduce indirect emissions.

Supply Chain Management

Supplier Audits: 64.7% of inventory turnover from relevant suppliers assessed in terms of ESG in 2021

Responsible Procurement
  • Supplier Code of Conduct based on UN Universal Declaration of Human Rights and OECD Guidelines.
  • ESG assessment questionnaire for supplier selection.
  • Green Procurement Policy.

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001, ISO 14001, ISO 50001, FSSC 22000

Third-party Assurance: KPMG S.p.A.

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)

The report details how Zignago Vetro's initiatives contribute to these goals.

Sustainable Products & Innovation

  • Deep Green Collection of cosmetic containers made from recycled green glass.

Awards & Recognition

  • Ecovadis Platinum
  • Morningstar Regional Top-Rated Badge

Reporting Period: 2022

Environmental Metrics

Renewable Energy Share:44.6% of total energy use
Total Energy Consumption:1,179,001 MWh equivalents
Water Consumption:770 Mm³
Waste Generated:4,887.1 tonnes

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Increased the percentage of post-consumer recycled glass (PCR) used in production to 53.4% (surpassing the 52% target).
  • Decreased energy consumed to produce a tonne of glass by -2.4% compared to the previous year.
  • Reduced water consumption per tonne of molten glass by more than -36%.

Social Achievements

  • Provided more than 27,549.7 hours of employee training.
  • Maintained a zero mortality rate.
  • Maintained zero reports of violations in key areas such as human rights, environmental protection, finance and taxation, and proper management of market relations.

Governance Achievements

  • Successfully operated without any reports of violations in key areas such as human rights, environmental protection, finance and taxation, and the proper management of market relations.
  • Established an ESG Committee and a Control, Risks and Sustainability Committee.
  • 100% of Executives have bonuses linked to the achievement of ESG objectives.

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions
Medium-term Goals:
  • Reduce energy consumption by -12.9% by 2030.
  • Reduce water consumption to 0.8 m3/tonne by 2030.
  • Reduce GHG emissions by -34.1% by 2030.
  • Reduce specific waste production to 5.50 kg/tonne by 2030.
  • Increase waste recycling, recovery, and reuse to 80% by 2030.
  • Achieve 100% renewable electricity by 2030.
  • Increase PCR cullet use to 70% by 2030.
Short-term Goals:
  • Reduce energy consumption by -1% by 2023.
  • Increase PCR cullet use to 55% by 2023.

Environmental Challenges

  • Soaring production factor costs (energy, raw materials, packaging, transportation).
  • Geopolitical instability (war in Ukraine).
  • Severe tensions in the energy market, threatening production disruptions due to supply interruptions.
Mitigation Strategies
  • Redirected energy sources to guarantee operational continuity.
  • Invested in innovative melting furnaces for improved energy efficiency.
  • Invested in glass recycling technologies to increase the use of cullet.

Supply Chain Management

Supplier Audits: 75.9% of expenditure covered by suppliers assessed through ESG questionnaire; 80.4% response rate.

Responsible Procurement
  • Supplier Code of Conduct
  • ESG clauses in contracts
  • Preference for local suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Flooding
  • Water shortage
  • Energy supply disruptions
Transition Risks
  • Regulatory changes
  • Technological developments
  • Market shifts
  • Reputational risks
Opportunities
  • Development of energy-efficient products and processes
  • Increased use of renewable energy

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 50001:2018, FSSC 22000

Third-party Assurance: KPMG S.p.A.

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)

Zignago Vetro's initiatives contribute to these goals through energy efficiency, renewable energy use, waste reduction, recycling, and sustainable product development.

Sustainable Products & Innovation

  • Deep Green Collection (green glass containers)
  • Lightweight products
  • Lama bottle (interchangeable necks for reusability and recyclability)
  • H2O bottle (high percentage of recycled glass)