Climate Change Data

Master Italia SpA

Climate Impact & Sustainability Data (2020-2022)

Reporting Period: 2020-2022

Environmental Metrics

Total Carbon Emissions:23,193 tCO2e (2021); data for 2022 unavailable at time of reporting
Scope 1 Emissions:31 tCO2e (2021)
Scope 2 Emissions:52 tCO2e (2021)
Scope 3 Emissions:23,193 tCO2e (2021)
Renewable Energy Share:47% (2021)
Total Energy Consumption:902,175 MWh (2021)
Water Consumption:0.032 Ml (2021)
Waste Generated:14.1 tons (2021)
Carbon Intensity:2.76 kgCO2e/unit sold (2021)

ESG Focus Areas

  • Product and Supply Chain
  • Environment
  • People

Environmental Achievements

  • Increased Atlantis SKUs purchased in preferred materials by 31% compared to 2021
  • First collection made entirely with preferred fabrics in 2022
  • 8% reduction in energy consumption in 2020 compared to 2019 (attributed to the pandemic)
  • Reduced catalog production by 99% compared to 2019

Social Achievements

  • 9 new hires in 2022 (6 women, 3 men)
  • No gender pay gap
  • Training hours per employee tripled in 2022 compared to 2021 (around 23.5 hours per capita)
  • Employee turnover rate of around 2.70% in 2022
  • Increased investments in community projects by 78% from 2021 to 2022

Governance Achievements

  • Updated Ethics Code in 2022 with input from all employees
  • No cases of corruption identified involving employees or business partners in 2022
  • Achieved “advanced” level of participation in the UN Global Compact in 2022

Climate Goals & Targets

Long-term Goals:
  • Become a Benefit Corporation by 2024
  • Not disclosed
Medium-term Goals:
  • Achieve 45% recycled polyester in purchases by 2025
  • Produce 100% of Atlantis products with reduced environmental impact elements by 2025
Short-term Goals:
  • Reduce Scope 1 and 2 emissions to align with near-term SBT targets for SMEs by 2023
  • Develop a Carbon Footprint calculation tool by 2023
  • Obtain GRS and GOTS certifications for finished products by end 2023
  • Install a 100kW photovoltaic system by 2023
  • Develop a supplier rating system by 2023

Environmental Challenges

  • Climate emergency demanding urgent action
  • Finding ways to extend the life of products and demonstrate this with objective data
  • Addressing the end-of-life of products (complexity of closures, B2B distribution, lack of recycling technologies)
  • Limited available certifications and data from suppliers (16% GRS, 9% ISO 14001, 6% GOTS)
  • High energy, water, and chemical consumption in industrial production processes
  • Pandemic-related disruptions to transportation and logistics
Mitigation Strategies
  • Conducting LCA analysis on Atlantis products to understand and reduce environmental impact
  • Investing in research and development of new technologies and ways of making products
  • Implementing a material control plan to examine product compliance (mandatory and voluntary aspects)
  • Developing an environmental performance criterion for supplier evaluation
  • Prioritizing sea transportation with sustainable companies
  • Implementing energy efficiency measures at headquarters (new boiler, LED lights)
  • Developing a comprehensive business continuity plan

Supply Chain Management

Supplier Audits: Various audits conducted (BSCI, SMETA, ICS, WRAP); data not fully quantified

Responsible Procurement
  • Supplier Code of Conduct
  • Prioritizing suppliers with ethical and sustainable practices
  • Promoting awareness of social responsibility principles
  • Prioritizing sustainable sourcing of forest-based materials
  • Avoiding harmful substances (REACH compliance)

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products
  • Investing in offsetting residual emissions

Reporting Standards

Frameworks Used: GRI, UN Global Compact, Textile Exchange, Sedex

Certifications: Oeko-Tex® Standard 100, GOTS, GRS, FSC

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 12 (Responsible Consumption and Production)
  • Goal 13 (Climate Action)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 17 (Partnerships for the Goals)

Initiatives aligned with SDGs through product sustainability, supply chain responsibility, community engagement, and employee well-being

Sustainable Products & Innovation

  • Products using organic cotton, recycled polyester, Polylana®, dope-dyed fibers, recycled nylon

Awards & Recognition

  • Not disclosed