Our Corporate Carbon Footprint

We measure our Corporate Carbon Footprint annually using the GHG Protocol, the world’s most widely used greenhouse gas accounting standard.

More than 90% of our emissions consist of Scope 3 emissions (all emission consequent to company activities but occur from sources outside the company control). This means that a great amount of work will have to be done to engage suppliers throughout the value chain to implement effective decarbonization.

We focus not only on production processes but also on our products, aiming to reduce their environmental impact throughout their life cycle. For years, we have been working on more sustainable packaging, and we will start mapping the environmental footprint of all our products, assess the impacts of our raw materials and encourage our most important suppliers to run more sustainable production processes.

We have decided to take specific measures throughout the value chain to effectively manage our emissions and develop a comprehensive reduction strategy.

Science Based Target initiative (SBTi)

Science-Based Targets initiative (SBTi) – born in 2015 out of a collaboration between Carbon Disclosure Project (CDP), United Nations Global Compact, World Resources Institute and WWF – is internationally recognized as the “gold standard” to set targets for reducing climate-changing emissions.

Targets are “science-based”, in line with the criteria outlined by climate science to goals of the Paris Agreement (a legally binding international treaty on climate change) with the aim to limit global warming to well below 2°C above pre-industrial levels (baseline scenario) and continue efforts to limit warming to 1.5°C (best case scenario).

Given its importance, we are currently developing a comprehensive strategy that includes this SBTi initiative.

The Green House Protocol (GHG)

GHG Protocol establishes comprehensive global standardized frameworks to measure and manage greenhouse gas (GHG) emissions from operations, value chains and mitigation actions. GHG Protocol is a 20-year partnership between World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD).

On scope 1 and 2 of the protocol (atmospheric emissions), we are currently working on energy efficiency projects in all our plants and in some of our fishing vessels. This is our first step toward a significant decarbonization path.

Furthermore, consuming less energy and avoiding waste allows us to act responsibly for the environment and in the fight against climate change. Some concrete examples of our engagement towards decarbonization include:

On scope 3, emissions along the value chain, we need to work closely with partners upstream and downstream of our core business. For this reason, years ago, we already started working with our primary logistics operator to whom we entrust the transportation of our products in the Italian market. From the positive experience we have gained, we decided to replicate the same work with logistics operators in other Countries.

We are committed to reduce greenhouse gas emissions produced during the transportation and distribution of our products by: