Climate Change Data

Acciaierie Venete SpA

Climate Impact & Sustainability Data (2021)

Reporting Period: 2021

Environmental Metrics

Total Carbon Emissions:681 ktonnes CO2 eq
Scope 1 Emissions:229,217 tonnes CO2 eq
Scope 2 Emissions:451,817 tonnes CO2 eq
Water Consumption:2,226,575,000 l
Waste Generated:428,833 tons
Carbon Intensity:0.238 tonnes of CO2 equivalent per tonne of steel

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Increased waste sent for recovery from steelworks to 87% and from rolling mills to 97%
  • Reduced specific consumption of materials associated with production processes by about 20% compared to the previous year and by 26% compared to 2018.
  • Limited reduction in specific consumption of water used per unit of product

Social Achievements

  • Increased workforce by 5.9% compared to the previous year
  • Signed 25 apprenticeship contracts
  • More than 10,000 hours of training provided

Governance Achievements

  • Created the position of CSO (Chief Sustainability Officer)
  • Launched a project to design a governance model and organizational structure to accelerate ESG transformation
  • Implemented an antitrust compliance program

Climate Goals & Targets

Long-term Goals:
  • Reduce carbon footprint through green materials and increased energy efficiency
Medium-term Goals:
  • Achieve 100% renewable energy to power electric furnaces and rolling mills through A.V.E.
Short-term Goals:
  • Reduce water consumption by at least 90% at the Buia plant

Environmental Challenges

  • Increased cost of raw materials and energy
  • Cybersecurity threats
  • COVID-19 pandemic impacting training and operations
Mitigation Strategies
  • Improved plant management efficiency
  • Doubled cybersecurity budget and implemented additional defense technologies
  • Used remote training systems and reduced in-person training participants

Supply Chain Management

Responsible Procurement
  • Locally sourcing almost half of strategic raw materials

Climate-Related Risks & Opportunities

Opportunities
  • Development of energy-efficient products
  • Investment in renewable energy production

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards

Certifications: ISO 14001:2015, ISO 50001:2018, IATF 16949:2016 (Padua and Sarezzo sites)

UN Sustainable Development Goals

  • Goal 7: Affordable and Clean Energy
  • Goal 9: Industry, Innovation and Infrastructure
  • Goal 8: Decent Work and Economic Growth
  • Goal 12: Responsible Consumption and Production
  • Goal 16: Peace, Justice and Strong Institutions

Acciaierie Venete's initiatives contribute to these goals through various actions related to energy efficiency, innovation, employee well-being, circular economy, and community engagement.

Sustainable Products & Innovation

  • Lead-free steels