Climate Change Data

Nice S.p.A.

Climate Impact & Sustainability Data (2020-2022, 2023)

Reporting Period: 2020-2022

Environmental Metrics

Total Carbon Emissions:6,342 tonnes of CO2 eq (2022)
Scope 1 Emissions:861 tonnes of CO2 eq (2022)
Scope 2 Emissions:1,720 tonnes of CO2 eq (2022)
Scope 3 Emissions:814,238 tonnes of CO2 eq (2022)
Renewable Energy Share:33% (2022)
Total Energy Consumption:87,654,672.56 MJ (2022)
Water Consumption:Not disclosed
Waste Generated:1,734.17 tonnes (2022)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Governance
  • Social
  • Environment
  • Product

Environmental Achievements

  • Reduced Scope 1 emissions by about 12% (excluding Nice North America)
  • Obtained ISO 14001 certification for headquarters in 2022
  • Obtained EPD process certification in 2022
  • 33% of electricity consumption from certified renewable sources

Social Achievements

  • Launched "D&I at Nice" community on Microsoft Teams
  • Organized various employee engagement activities (Clean-up activity, Car-free day, health prevention campaign)
  • Reduced workplace injuries by 45% in 2022 compared to 2021 (manufacturing companies)

Governance Achievements

  • Established a Sustainability Governance Committee
  • Implemented a new global energy policy
  • No reports of anti-corruption incidents submitted to the Supervisory Body between 2020 and 2022
  • No substantiated reports of privacy breaches recorded during 2020-2022

Climate Goals & Targets

Long-term Goals:
  • Net Zero emissions by 2050
Medium-term Goals:
  • Scope 1,2: -50% of CO2 by 2030 (Scope 2, -100%)
  • Scope 3: -25% of CO2 by 2030
  • 80% electricity supply from renewable energy (GO) in 2025; 100% GO in 2030
Short-term Goals:
  • Scope 1,2: -30% of CO2 by 2025 (Scope 2, -80%)
  • Scope 3: -10% of CO2 by 2025

Environmental Challenges

  • Increasing electricity prices
  • Growing dependence on electricity
  • Supply chain disruptions
  • Managing Scope 3 emissions (99% of total emissions)
Mitigation Strategies
  • Developing energy-efficient products
  • Implementing a decarbonisation program aligned with SBTi guidelines
  • Verticalisation, group electronic assembly manufacturing strategy and items rationalisation to shorten and optimise the supply chain
  • Selection of alternative suppliers
  • Introduction of the Supplier Sustainability Index

Supply Chain Management

Supplier Audits: 18 in 2022

Responsible Procurement
  • Supplier Sustainability Index
  • Code of Ethics
  • General Conditions of Purchase

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products
  • Increased demand for sustainable solutions

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001, EPD Process Certification

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • 7
  • 13

Contribution to sustainable development goals through various initiatives

Sustainable Products & Innovation

  • Yubii Home
  • Era Inn
  • Era Mat
  • Spy 550
  • Robus 600

Awards & Recognition

  • Transatlantic Award from the American Chamber of Commerce in Italy

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:364,183 tCO2e
Scope 1 Emissions:3,220 tCO2e
Scope 2 Emissions:1,952 tCO2e
Scope 3 Emissions:359,012 tCO2e
Renewable Energy Share:40%
Total Energy Consumption:76,041 GJ
Water Consumption:3,000 m3 (groundwater withdrawal at Oderzo plants)
Waste Generated:1,663.93 tons

ESG Focus Areas

  • Climate Change
  • Circular Economy
  • Energy Efficiency
  • Ethical Supply Chain
  • Employee Well-being
  • Diversity & Inclusion
  • Governance

Environmental Achievements

  • Certified green energy consumption reached 40% of total energy usage in 2023.
  • Achieved 83% waste recycling from industrial plants in 2023.
  • Reduced Scope 1 and 2 emissions by approximately 17% from 2022.
  • Reduced Scope 3 emissions by 10% from 2022.

Social Achievements

  • Launched "Play Nice" campaign with UNICEF, raising funds for humanitarian aid.
  • Revamped intranet platform "The Daily Wonder" to improve internal communication and employee engagement.
  • Achieved "Great Place to Work" certification in Canada.
  • Reduced workplace injuries by 19% compared to 2022.

Governance Achievements

  • Received Deloitte's "Best Managed Companies Award" in 2023.
  • Established ESG-Cyber Committee to oversee sustainability objectives.
  • Implemented ESG supplier evaluations through the Vendor Rating system.

Climate Goals & Targets

Long-term Goals:
  • Net Zero emissions by 2050
Medium-term Goals:
  • Reduce Scope 1 and 2 CO2e emissions by 50% vs 2022 by 2030
  • Reduce Scope 3 CO2e emissions by 25% vs 2022 by 2030
  • Achieve zero injuries in all manufacturing plants by 2030
  • Achieve 100% energy supply from certified renewable sources by 2030
  • Extensive use of recycled plastic by 2030
  • 100% low environmental impact packaging by 2030
Short-term Goals:
  • Reduce Scope 1 and 2 CO2e emissions by 30% vs 2022 by 2025
  • Reduce Scope 3 CO2e emissions by 10% vs 2022 by 2025
  • Implement occupational health and safety management system in all manufacturing plants by 2025
  • Adopt an inter-departmental and inter-company mobility program by 2025
  • Increase the presence of women by at least 30% in leadership positions by 2030

Environmental Challenges

  • Supply chain shortages
  • Ensuring all sites can effectively implement sustainability changes
  • Reducing Scope 3 emissions (99% of total emissions)
  • Enhancing board diversity
Mitigation Strategies
  • Developed alternative sourcing strategies
  • Established site-level support teams to tailor sustainability efforts
  • Implemented eco-design approach and circular economy initiatives
  • Commitment to increasing the presence of women in leadership positions.

Supply Chain Management

Supplier Audits: 30 complete audits and 5 self-assessments planned for 2024

Responsible Procurement
  • ESG supplier evaluations through Vendor Rating system
  • Prioritizing suppliers with strong sustainability practices
  • Use of recycled materials

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 14001, ISO 9001

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 9 (Industry, Innovation, and Infrastructure)
  • Goal 11 (Sustainable Cities and Communities)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)

Nice's initiatives contribute to these goals through energy efficiency, eco-design, circular economy practices, and community engagement.

Sustainable Products & Innovation

  • Solar-powered solutions
  • Products with recycled plastics
  • Energy-efficient products

Awards & Recognition

  • Deloitte's "Best Managed Companies Award"
  • "Great Place to Work" certification in Canada