ISAB S.r.l.
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:3,917,551 tCO2e/year (2022)
Scope 1 Emissions:1,915,412 tCO2e/year (2022)
Scope 2 Emissions:250,986 tCO2e/year (2022)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:53,745,228 GJ/year (2022)
Water Consumption:227,847 ML/year (2022)
Waste Generated:31,196 tons/year (2022)
Carbon Intensity:0.0435 tn CO2 eq/CWT (Scope 1, 2022); 0.0028 tn CO2 eq/CWT (Scope 2, 2022)
ESG Focus Areas
- Greenhouse Gas Emissions
- Energy Efficiency
- Air Quality
- Water Management
- Waste Management
- Biodiversity
- Workforce Health and Safety
- Workforce Diversity
- Community Investment
- Board Diversity
- Anti-corruption
- Competition
- Tax Regime
- Human Rights
- Supplier Selection
- Digital Innovation
Environmental Achievements
- Reduced GHG emissions intensity (Scope 1 and 2) in line with 2020 levels despite increased production in 2022.
- Increased freshwater recycling in refining activities.
- Satisfied a significant portion of water needs with seawater.
- Reduced total waste generated year-over-year.
- Increased the proportion of recycled catalysts to 47% in 2022.
- Secured certification to incorporate biofeeds into the Co-Processing plant (Hydrotreating), enabling biofuel production.
Social Achievements
- Launched a Health Prevention Plan for employees.
- Implemented agile work throughout 2022, improving employee well-being.
- Maintained a low employee turnover rate of 2.5% in 2022.
- Provided over €4 million in donations to support social responsibility projects from 2009 to 2022.
- Conducted over 30,000 man-hours of Health and Safety training in 2022.
Governance Achievements
- Established a dedicated Sustainability team with clear responsibilities.
- Implemented a system of individual and group incentives linked to ESG performance.
- Updated the Organizational and Management Model in line with the 231/01 law following the acquisition by GOI Energy.
- Established a whistleblowing platform to report potential corruption-related situations.
- Implemented a comprehensive cybersecurity program.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Reduced capacity of operations at the IGCC plant in 2021, impacting Scope 1 emissions.
- Increased energy consumption due to increased production output in 2022.
- Need to improve data quality within Scope 3 emissions.
- Need to increase women representation across all levels, with particular attention for the managerial roles.
Mitigation Strategies
- Introduced a new monitoring system to identify actions for enhancing energy efficiency and reducing emissions.
- Evaluating a potential installation of photovoltaic panels to source clean energy.
- Mapping the full value chain to gain a thorough picture of Scope 3 emissions.
- Committed to put in place additional actions in the coming years to increase the presence of women among the workforce, especially in the more senior roles.
Supply Chain Management
Supplier Audits: Four compliance and contractor performance activities per year (2020-2022)
Responsible Procurement
- Preference for local suppliers; rigorous, objective assessments including social, technical, and economic factors; questionnaire to assess ESG performance.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Standards (GRI 1: Foundation 2021 and GRI 11: Oil and Gas Sector 2021), SASB Standards
Certifications: ISO 14001:2015, ISO 45001:2018, ISO 50001:2018, ISO 9001:2015, ISCC EU
Third-party Assurance: RINA and DNV
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Biofuel (HVO) through co-processing of biofeeds.
Awards & Recognition
- Not disclosed