Climate Change Data

Passione Beauty S.p.A.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:116 tCO2e/year (Scope 1 and 2, excluding biogenic emissions)
Scope 1 Emissions:47.3 tCO2e/year
Scope 2 Emissions:68.3 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:100% (electricity)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Responsible Business Management
  • Our People
  • Our Products
  • Our Environmental Impact

Environmental Achievements

  • Increased percentage of recycled materials in packaging.
  • 100% electricity from renewable sources.
  • 7% decrease in electricity consumption compared to 2022.

Social Achievements

  • Launched loyalty program "Passione Club".
  • 37 new hires in 2023.
  • Implemented a Welfare Plan supporting employee physical and mental well-being.
  • Reduced employee turnover rate from 35% in 2022 to 23% in 2023.
  • Provided employees with access to the Goodhabitz e-learning platform for skills development (minimum 8 hours/employee/month).

Governance Achievements

  • Adopted an anti-corruption management system (Legislative Decree 231/2001).
  • Established a whistleblowing system.
  • 100% of employees received anti-corruption training.
  • Variable component of top management remuneration linked to ESG criteria.
  • 100% of Tier 1 suppliers mapped and ESG criteria included in supplier selection and audits.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Define decarbonization targets (2024).
  • Implement ISO 45001 occupational health and safety management system (2024).
  • Set GHG reduction targets aligned with SBTi (2024).

Environmental Challenges

  • Supply chain disruptions due to inflation, EUR/USD exchange rate fluctuations, increased transportation costs and delivery times.
Mitigation Strategies
  • Appointed Director of Operations to oversee global supply chain.
  • Mapped supplier base by product type, service type, order volume, and geographic location.
  • Incorporated ESG considerations into supplier selection and audits.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • ESG criteria included in supplier selection and audits.
  • Preference for suppliers with international standard certifications (e.g., ISO 9001, ISO 14001, ISO 45001).

Climate-Related Risks & Opportunities

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

Reporting Standards

Frameworks Used: GRI Standards (2016, reviewed 2021)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Increased offering of HEMA-free products (62% of total nail products).

Awards & Recognition

  • Not disclosed