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As part of our ongoing commitment to sustainability and climate action, we continuously monitor, calculate, and update our Scope 1 and Scope 2 greenhous gas (GHG) emissions.

This systematic approach allows us to accurately measure our environmental impact and track progress towards our emissions reduction goals.

 

Understanding Scope 1 & Scope 2 Emissions

• Scope 1 emissions are direct GHG emissions from sources owned or controlled by Ferroli – such as fuel combustion, company vehicles, and on-site industrial processes.
• Scope 2 emissions are indirect emissions from the generation of purchased electricity, heat, or steam consumed by our operations.

 

Our emissions are calculated globally in accordance with internationally recognised standards, including the Greenhouse Gas Protocol.

 

2024 Emissions Overview

 

In our latest assessment for 2024, we recorded:

• Scope 1 emissions: 8,673 tonnes of CO₂ equivalent — a 1.1% reduction from 2023
• Scope 2 emissions: 7,693 tonnes of CO₂ equivalent — a 3.7% reduction from 2023

 

Overall, this represents a 2.3% reduction in combined Scope 1 and Scope 2 emissions compared to the previous year.

 

Driving Change Across Our Operations

 

To achieve this progress, we launched multiple initiatives across our sites in Italy, China, Spain, Romania, and Poland, including:

• Implementation of energy efficiency improvements in our facilities
• Roll-out of employee engagement programmes promoting sustainable operational practices
• Sharing of best practices company-wide to support decarbonisation

 

Looking Ahead

 

We remain firmly committed to continuing our decarbonisation efforts by:

• Expanding the use of renewable energy across operations in Italy, China, and Romania
• Reducing reliance on fossil fuels through technological innovation and process upgrades
• Maintaining transparent, regular reporting to ensure accountability and measurable results

 

By advancing our decarbonisation journey and openly sharing our progress, we aim to create long-term value for our stakeholders and contribute to the global effort to combat climate change.