SOL S.p.A.
Climate Impact & Sustainability Data (2016, 2019)
Reporting Period: 2016
Environmental Metrics
Total Carbon Emissions:26,350 + 239,357 + 50,611 tCO2e/year (Scope 1, 2, 3)
Scope 1 Emissions:26,350 tCO2e/year
Scope 2 Emissions:239,357 tCO2e/year
Scope 3 Emissions:50,611 tCO2e/year
Renewable Energy Share:21.9% of total energy use
Total Energy Consumption:494,220 MWh/year
Water Consumption:1,337,000 m3/year
Waste Generated:3,384 tons/year
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental Responsibility
- Economic Responsibility and Governance
- Corporate Social Responsibility and Human Resources
- Product Liability
Environmental Achievements
- Reduced CO2 emissions by more than 52,000 tons thanks to self-produced hydroelectric energy.
- Lower quantities of CO2 emitted to the atmosphere in 2016 using on-site plans instead of traditional plants amounted to 21,064 tonnes.
Social Achievements
- 95% of production units achieved "zero injuries" goal.
- 0 fatalities.
- Over 1,350 safety training meetings held.
- Over 38,700 training hours provided.
- Increased percentage of women employed to 34.3% of the total workforce.
- Absenteeism rate of 3.7%.
Governance Achievements
- Established Corporate Social Responsibility (CSR) Committee (operational in 2017).
- Updated Model of organisation, management and control under D.Lgs. 231/2001.
- Adopted the "Charter of principles for environmental sustainability" produced by Confindustria.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Very limited growth in Europe, particularly in Italy.
- Slowdown in the Chinese economy.
- Continuing crisis in Brazil.
- Limited growth in India (mostly in services, not industry).
Mitigation Strategies
- Continuous investments of about 98.4 million euros, mainly outside Italy and in the Home Care sector.
- Acquisitions of Kompass (Germany), Sonocare (Portugal), and Mega Elektrik (Bosnia and Herzegovina).
- Acquisition of 50.01% of Irish Oxygen Company Limited to enter the Irish market.
Supply Chain Management
Supplier Audits: 30 onsite audits in Italy
Responsible Procurement
- Supplier qualification process verifying safety, quality, and environmental requisites.
- Requirement for suppliers to comply with the Group Code of Ethics and safety/environmental policies.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Development of energy-efficient products and services
Reporting Standards
Frameworks Used: GRI G4 (In accordance-Core)
Certifications: ISO 9001, OHSAS 18001, ISO 14001, EMAS, ISO 50001, ISO 13485, ISO 27001, FSSC 22000
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- On-site gas production plants
- BioMethER plants for biomethane production
Awards & Recognition
- Not disclosed
Reporting Period: 2019
Environmental Metrics
Total Carbon Emissions:281,310 tCO2e/year (indirect) + 41,792 tCO2e/year (direct) + 52,801 tCO2e/year (transport)
Scope 1 Emissions:41,792 tCO2e/year
Scope 2 Emissions:199,453 tCO2e/year (location-based), 281,310 tCO2e/year (market-based)
Scope 3 Emissions:52,801 tCO2e/year
Renewable Energy Share:15% of total energy use
Total Energy Consumption:564,355 MWh/year
Water Consumption:1371 Megalitres/year
Waste Generated:8,521 tons/year (non-hazardous) + 457 tons/year (hazardous)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Economic Responsibility
- Environmental Responsibility
- Corporate Social Responsibility and Human Resources
- Product Responsibility
Environmental Achievements
- 29,577 tonnes of CO2 equivalent emissions avoided thanks to renewable energy production
- 48,633 tonnes of CO2 equivalent emissions avoided thanks to on-site plants
- 87,840 tonnes of CO2 recovered from bioethanol plants
Social Achievements
- Launched SOL YOUth Academy for young talent development
- Revised Onboarding program for new hires
- Improved injury rate and severity index
- 85% of Italian and 81% of international companies achieved "zero accidents" goal
- Vivisol won Aboutpharma Digital Awards for Resmon project
Governance Achievements
- Adopted Antitrust Compliance Program
- Appointed DPOs and published GDPR procedure
- Obtained ISO 27001/ISO 22301 certifications
- Board of Directors adhered to the new Code of Conduct for listed companies starting from 2021
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Potential risks related to electricity consumption, greenhouse gas emissions, outbound logistics, compliance with regulations, supply chain risks, employee health and safety, human rights in the supply chain
Mitigation Strategies
- Investments in renewable energy, process optimization, fleet upgrades, logistics management, Code of Ethics, 231 Model, Antitrust Compliance Program, GDPR compliance, ISO certifications, supplier qualification process, training programs, risk assessments
Supply Chain Management
Supplier Audits: 105 audits/year
Responsible Procurement
- Code of Ethics, safety and environment policies, supplier qualification process based on risk analysis
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI Sustainability Reporting Standards (Core option, 2016)
Certifications: ISO 9001, OHSAS 18001/ISO 45001, ISO 14001, ISO 50001, ISO 13485, ISO 27001, ISO 22000, ISO 22301
Third-party Assurance: Deloitte & Touche S.p.A. (limited assurance)
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- On-site plants, LNG services, Ecojet technology, Resmon Pro Diary
Awards & Recognition
- 2018 Sustainability Report Award by ConsumerLab.it, 2017 Responsible Care award for BioMether project, Vivisol Aboutpharma Digital Awards for Resmon project