Racing Force S.p.A.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2020-01 to 2021-12

In its 2023 reporting, Racing Force S.p.A. disclosed greenhouse gas emissions of 1.5K tCO2e/year (Scope 1 & 2 Location based). By scope: Scope 1: 972 tCO2e/year; Scope 2: 785 tCO2e/year (Location based). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
1.5K tCO2e/year (Scope 1 & 2 Location based)
2023
⚡
Renewable Energy
20% of total energy consumption (Italy)
of total energy
💧
Water Usage
8.74 Megaliters/year
2023
♻️
Waste
456 tons/year
2023
⚙️
Energy Use
19.3K GJ/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).972 tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.785 tCO2e/year (Location based)

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
20231.5K tCO2e/year (Scope 1 & 2 Location based)
20221.3K tCO2e/year (Scope 1 & 2 Location based)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Complete building expansion in Ronco Scrivia by summer 2025, with 50% increase in area and sustainable features.
  • Complete second floor of Bahrain facility by end of 2024, with solar panels and increased energy efficiency.

📅 Medium-term

  • Transition to renewable energy sources in Bahrain by early 2025.
  • Further improvement on sustainable packaging (self-assembling glue-free organic cardboard).

🌱 ESG Focus Areas

EnvironmentalSocialGovernance

⚠️ Challenges & Risks +

  • Economic volatility, geopolitical tensions, and escalating impacts of climate change.
  • Supply chain disruptions due to price fluctuations of raw materials and geopolitical instability.
  • Risks associated with product liability and brand awareness.
  • Risks associated with implementing future strategies and programs.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI