Climate Change Data

CALEFFI S.P.A.

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:4,111 tCO2e/year (Scope 1)
Scope 1 Emissions:4,111 tCO2e/year
Scope 2 Emissions:14,439 tCO2e/year
Total Energy Consumption:29,213,618 kWh/year
Water Consumption:83,053 m3/year
Waste Generated:2,235,805 kg/year

ESG Focus Areas

  • Economic Performance
  • Supplier Management
  • Ethics
  • Raw Materials
  • Energy
  • Water and Water Discharge
  • Emissions
  • Waste
  • Occupational Health and Safety
  • Personnel Development, Training and Education
  • Protection of Diversity and Equal Opportunities and Non-discrimination
  • Impacts on the Local Community
  • Customer Satisfaction
  • Protection of Privacy
  • Employee Well-being
  • European Green Deal - Circular Economy Action Plan

Environmental Achievements

  • Reduced Scope 1 CO2 emissions by 14.9% between 2020 and 2022
  • Increased self-produced energy from 25,390 kWh in 2021 to 196,727 kWh in 2022 (90.5% increase)
  • Reduced electricity consumption per hour worked by 27.3% between 2020 and 2022
  • Reduced polyethylene packaging for outgoing products by 60%
  • Eliminated all products packaged in disposable plastics from catering areas in many plants
  • 98% of plastic scraps are recovered and recycled
  • 100% of incoming polyethylene packaging is recycled

Social Achievements

  • Launched Caleffi Green project to raise awareness of sustainable development
  • Introduced smart working and flexible working hours
  • Increased number of female personnel from 24.1% in 2020 to 25.3% in 2022
  • 60% of total employees benefited from Performance-related rewards in 2022
  • Low employee turnover rate (2.8% in 2020, 4.3% in 2021, 4.5% in 2022)
  • Implemented company welfare platform with benefits for weddings, births, and graduations
  • Launched Fondazione Academy project in 2023 for young school leavers and graduates

Governance Achievements

  • Established an independent Supervisory Body in compliance with Italian Legislative Decree no. 231/01
  • Implemented an anonymous breach reporting mechanism
  • Implemented additional breach reporting system in compliance with Italian Legislative Decree no. 24/23 “Whistleblowing”

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Increased use of electric vehicles
  • Implementation of increasingly structured system of validation and qualification of suppliers based on environmental and social criteria
Short-term Goals:
  • Installation of photovoltaic panels to achieve energy autonomy for non-production facilities
  • Replacement of conventional lighting with LED lights
  • Implementation of heat recovery plants
  • Certification of products according to Carbon footprint standard to obtain EPD

Environmental Challenges

  • Increased costs of raw materials and energy
  • Sourcing difficulties due to material shortages and logistics problems
  • Potential impacts of climate change on production activities (water shortages, extreme weather events)
  • Lack of Personnel with technical and mechanical skills
Mitigation Strategies
  • Prioritised local suppliers (82.4% of procured materials in 2022)
  • Implemented energy efficiency measures (photovoltaic systems, LED lighting, heat recovery)
  • Introduced fully electric and hybrid vehicles to the fleet
  • Implemented water recovery systems
  • Launched Caleffi Academy to train specialists in mechanics and Industry 4.0

Supply Chain Management

Responsible Procurement
  • Prioritised local suppliers
  • Validated materials from suppliers assessed for financial, environmental, and social reliability

Climate-Related Risks & Opportunities

Physical Risks
  • Water shortages
  • Extreme weather events
Transition Risks
  • Not disclosed
Opportunities
  • Increased demand for energy-efficient products

Reporting Standards

Frameworks Used: GRI Standard edition 2021

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 27001, AEOF

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:4,425 tCO2e/year (2023)
Scope 2 Emissions:11,943 tCO2e/year (2023)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:25,709,433 kWh/year (2023)
Water Consumption:125.48 Ml/year (2023)
Waste Generated:2,239,100 kg/year (2023)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Economic Performance
  • Supplier Management
  • Ethics
  • Fiscal Risk Management
  • Raw Materials
  • Energy
  • Water and Water Discharge
  • Emissions
  • Waste
  • Occupational Health and Safety
  • Personnel Development, Training and Education
  • Protection of Diversity and Equal Opportunities and Non-Discrimination
  • Impacts on the Local Community
  • Customer Satisfaction (Protection of the Health and Safety of End Users)
  • Protection of Privacy
  • Employee Well-being
  • European Green Deal - Circular Economy Action Plan

Environmental Achievements

  • Reduced Scope 1 CO2 emissions by 8.4% between 2021 and 2023
  • Increased self-produced energy by 93.1% between 2021 and 2023
  • Reduced electricity consumption per hour worked by 19% between 2021 and 2023
  • Reduced methane gas consumption per hour worked between 2021 and 2023
  • Improved water consumption per million hours worked between 2021 and 2023
  • 98% of plastic scraps are recovered and reused
  • 100% of incoming polyethylene packaging is recycled
  • Reduced polyurethane in packaging by 60%
  • Upgraded flue gas filtering system in Pressco plant, reducing pollutant emissions

Social Achievements

  • 70% of employees received performance-related rewards in 2023
  • Improved contractual health plans for employees
  • Introduced supplementary health plans for employees and their families
  • Provided additional paid leave for medical reasons
  • Supplementary accident insurance for specific employee categories
  • Less than 0.5% of employees left within 12 months of parental leave (2021-2023)
  • Donated 145 computers to local schools in 2022
  • Donated software for CT scan equipment in 2021
  • Supported Casa della Carità with heating system upgrades
  • Annual funding of ANLAIDS Milano
  • Various initiatives by international branches (Caleffi International N.V., Caleffi North America Inc., Caleffi Hidrotermika d.o.o., Altecnic Ltd.)

Governance Achievements

  • Established an Organisational Model pursuant to Italian Legislative Decree no. 231/01
  • Implemented a Code of Ethics
  • Established an independent Supervisory Body
  • No reports of non-compliance with laws and regulations
  • Implemented anti-corruption training for almost 200 people in 2023
  • Implemented a whistleblowing system in Italian companies

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Increase renewable energy share through photovoltaic installations
  • Implement sustainable initiatives throughout the supply chain
  • Analysis and monitoring of ESG rating via an external supplier
Short-term Goals:
  • Obtain EPD certification for product series by July 2024
  • Obtain ISO 45001 certification for occupational health and safety in 2024
  • Extend quality control processes to North America and UK branches
  • Complete new galvanic treatment plant in Cristina by April 2024
  • Conduct Climate Analysis in other companies in 2024
  • Procurement of only FSC-certified packaging

Environmental Challenges

  • Slowdown in sales for some product categories due to reduced energy efficiency and restructuring incentives
  • Unpredictable market conditions in tap and heat pump markets
  • Limited capacity of electricity network to supply energy for green heating systems
  • Significant increase in raw material and energy costs
  • Sourcing difficulties due to material shortages, longer delivery times, and logistics problems
Mitigation Strategies
  • Investing in production capacity and facility renewal
  • Expanding production and commercial facilities
  • Implementing Industry 4.0 projects
  • Launching The Caleffi Green project to promote sustainable development
  • Prioritizing local suppliers (over 83% in 2023)
  • Implementing environmental and social criteria in supplier selection
  • Introducing energy efficiency improvements (photovoltaic systems, LED lighting, heat recovery)

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Prioritizing local suppliers
  • Implementing environmental and social criteria in supplier selection

Climate-Related Risks & Opportunities

Physical Risks
  • Water shortages
  • Extreme weather events
Transition Risks
  • Reduced government incentives for green technologies
Opportunities
  • Increased demand for energy-efficient products
  • Development of renewable energy components

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 9001, ISO 14001, ISO 45001, ISO 27001, ISO 50001, AEOF

Third-party Assurance: Deloitte & Touche S.p.A.

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 9 (Industry, innovation, and infrastructure)
  • Goal 12 (Responsible consumption and production)
  • Goal 13 (Climate action)

Initiatives contribute to these goals through energy efficiency improvements, renewable energy adoption, waste reduction, and sustainable product development.

Sustainable Products & Innovation

  • Components for renewable energy systems
  • Energy-efficient products
  • Water-saving taps

Awards & Recognition

  • Italy’s Best Employers