Climate Change Data

De Wave Group

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:216,138.2 tCO2eq
Total Energy Consumption:5,893.669 MWh
Waste Generated:1,359 tons

ESG Focus Areas

  • Environmental Sustainability
  • Social Sustainability
  • Governance

Environmental Achievements

  • Overall decrease of 1% in energy consumption compared to 2021 despite growth in turnover and productivity.
  • Improved accuracy of GHG emissions measurement, making data homogeneous across all Group companies.

Social Achievements

  • 818 employees at the end of 2022, a 26.3% increase compared to 2021.
  • Recruitment doubled compared to 2021.
  • Activated a Welfare platform for employee benefits.
  • Promoted smart working and customized time profiles for work-life balance.
  • 4,753 hours of training provided in 2022.

Governance Achievements

  • Adopted an Organization, Management and Control Model (MOG) to prevent unlawful conduct.
  • Established a Compensation & Benefits Committee.
  • Implemented a Whistleblowing procedure.
  • Invested in cybersecurity tools and training.

Climate Goals & Targets

Short-term Goals:
  • Implementation of a system for compacting paint drums.
  • Installation of a solar panel system at the Monfalcone plant.
  • Reinforce investment in internal staff training.
  • Encourage the use of welfare tools.
  • Set up equal opportunities monitoring.
  • Complete the internal Business Intelligence system.
  • Update policies and extend their scope to new areas.
  • Carry out a second Cyber Security Awareness training cycle.
  • Develop HSE portals for Italian companies.
  • Set up a cycle of internal HSE audits.

Environmental Challenges

  • Increase in hazardous waste in 2022 due to specific process peculiarities.
  • Need to improve data reporting process for more precise impact analysis.
Mitigation Strategies
  • Implementation of a system for compacting paint drums to reduce transport and improve recycling.
  • Installation of a solar panel system at the Monfalcone plant.
  • Investment in further training activities and better tracking in 2023.
  • Setting up equal opportunities monitoring.
  • Updating policies and extending their scope to new areas (DEI, Anti-retaliation).

Supply Chain Management

Responsible Procurement
  • Uses only qualified suppliers who meet specific criteria, including safety, environmental, and labor rights protection.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001:2015 (four subsidiaries), ISO 14001:2015 (De Wave Srl), ISO 45001:2018 (De Wave Srl)

UN Sustainable Development Goals

  • Goal 5: Achieve gender equality and empower all women and girls
  • Goal 9: Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
  • Goal 12: Ensure sustainable consumption and production patterns

De Wave has adopted the principles underlying the Sustainable Development Goals to promote respect for the environment and communities.