Climate Change Data

Italpreziosi S.p.A.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not explicitly stated, but carbon footprint measured and reported.
Renewable Energy Share:6.23% of total energy use
Total Energy Consumption:2,214,620 kWh/year
Water Consumption:3475 m3/year (headquarters) + 824 m3/year (local unit)
Waste Generated:2,092.72 tons/year (headquarters) + 468.74 tons/year (local unit)

ESG Focus Areas

  • Climate Change
  • Biodiversity
  • Supply Chain
  • Community
  • Human Capital
  • Governance

Environmental Achievements

  • Achieved ISO 14064 certification for carbon footprint measurement in 2023.
  • Reduced the percentage of acids used in production processes by 1.68% compared to 2022.
  • Produced 180,836 kWh of energy internally through a photovoltaic park, with 137,997 kWh self-consumed (6.23% of total).

Social Achievements

  • Achieved Gender Equality certification (UNI PdR 125:2022) in 2023.
  • Organized discussion panels on "Women driving Sustainability in Mining" and "Women’s Empowerment Principles (WEPs)" at industry events.
  • Continued corporate welfare plan for employee and family well-being.

Governance Achievements

  • Became a Benefit Corporation in May 2023.
  • Achieved B Corp™ certification in 2024 (mentioned in report as future goal, but achievement date is in 2024 according to the report).
  • Maintained Organizational Model pursuant to Legislative Decree 231/01.

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions by 2050.
Medium-term Goals:
  • Develop more specific HR policy based on D&I principles.
  • Adhere to SBTN to reduce impacts on nature.
Short-term Goals:
  • Reduce scope 1 and 2 GHG emissions according to SBTi targets.
  • Achieve 40% female presence in the workforce by 2025.

Environmental Challenges

  • Global instability, including geopolitical tensions and economic uncertainty.
  • Potential risks related to unsustainable extraction practices in the mineral/metal supply chain.
  • Potential risks of human rights violations in the supply chain.
Mitigation Strategies
  • Rigorous due diligence procedures in line with international standards.
  • Membership in the TNFD (Taskforce on Nature-related Financial Disclosures) and commitment to developing a Nature Roadmap.
  • Collaboration with international organizations and associations, including Fairmined and planetGOLD, and IRMA (Initiative for Responsible Mining Assurance).

Supply Chain Management

Supplier Audits: Know Your Customer (KYC) and Empower Your Counterpart (EYC) procedures implemented.

Responsible Procurement
  • Rigorous due diligence procedures
  • Chain of Information portal for training and awareness-raising
  • Collaboration with Fairmined and planetGOLD

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes
Opportunities
  • Reduction of energy costs through efficient technologies and renewable energy

Reporting Standards

Frameworks Used: GRI Standards (2021)

Certifications: ISO 9001:2015, ISO 14064-1:2019, UNI PdR 125:2022 (Gender Equality), LBMA Good Delivery, RJC CoC and CoP, Fairmined Authorized Supplier

UN Sustainable Development Goals

  • SDG 3
  • SDG 4
  • SDG 5
  • SDG 8
  • SDG 13
  • SDG 16
  • SDG 17

Italpreziosi's initiatives contribute to these goals through various programs and partnerships.

Awards & Recognition

  • 2023 Sustainability Award (Kon Group and ELITE)
  • 2023 Sustainability Leader award (Il Sole-24 Ore and Statista)