Streparava SpA
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:7572 tCO2e
Scope 1 Emissions:1402 tCO2e
Scope 2 Emissions:2949 tCO2e
Scope 3 Emissions:3238 tCO2e (includes employee travel, commuting, and partial goods movement)
Renewable Energy Share:40% (estimated for Adro plant mid-2023)
Water Consumption:24624 m3
Waste Generated:4010.31 tons
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- Installed state-of-the-art photovoltaic panels on all roofs of Adro factory, allowing for up to 40% self-generation of annual energy needs.
- 95% of waste sent for recovery in 2022.
- Reduction in energy performance index by 12.2% compared to 2018.
Social Achievements
- Launched "Happiness Project" in 2022 focusing on employee well-being.
- Provided 14,254 hours of training in 2022 (24 hours per capita).
- 0 accidents with serious consequences in 2022.
- Implemented Remote Working, allowing employees to work remotely up to two days a week.
Governance Achievements
- Extended reporting perimeter to include subsidiaries Borroni Powertrain Srl and SPT Srl.
- Established an ESG committee.
- Developed an ESG Strategic Plan.
Climate Goals & Targets
Long-term Goals:
- Develop social, ethical, and environmental role through ESG Strategic Plan.
Environmental Challenges
- Shortage of raw materials and microchips.
- High cost of electricity.
- Rising inflation and worsening credit conditions.
Mitigation Strategies
- Pursuit of efficiency and development of new opportunities and customers.
- Expansion of factory with two new warehouses.
- Investment in machinery and training.
- Implementation of an ESG Strategic Plan.
Supply Chain Management
Supplier Audits: 89 suppliers mapped; 75% of mapped procurement turnover in Class A
Responsible Procurement
- Supplier Development program; Risk Assessment of supply chain; Vendor Rating system.
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Sustainability Standards
Certifications: ISO 9001/IATF 16949, ISO 14001, ISO 45001, TISAX
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)
Initiatives related to energy efficiency, waste reduction, sustainable product development, and emission reduction.
Sustainable Products & Innovation
- Lightweight components; integrated suspension components; independent suspensions for LCVs using lightweight materials.
Awards & Recognition
- OBWE awarded in "Innovative Together" category at BEYOND - IVECO GROUP DAYS event.