COIM Group

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021

In its 2023 reporting, COIM Group disclosed greenhouse gas emissions of 98.2K tCO2eq (Scope 1 + Scope 2 Market-Based). By scope: Scope 1: 71.8K tCO2e/year; Scope 2: 24.7K tCO2e/year (Market-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
98.2K tCO2eq (Scope 1 + Scope 2 Market-Based)
2023
⚡
Renewable Energy
29% of total energy use (COIM Group)
of total energy
💧
Water Usage
1.4K ML
2023
♻️
Waste
35.3K tons
2023
⚙️
Energy Use
1.5M GJ
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).71.8K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.24.7K tCO2e/year (Market-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
202398.2K tCO2eq (Scope 1 + Scope 2 Market-Based)
202270.6K tCO2e (Location-based) / 75239 tCO2e (Market-based)
202141.7K t CO₂eq (COIM) and 411 t CO₂eq (NOVOTEX)

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

  • 100% renewable electricity procurement for COIM S.p.A. by 2025.

📅 Medium-term

  • Maintain Golden EcoVadis score and extend assessment to other subsidiaries.
  • Extend UN Global Compact participation to the entire Group.

🌱 ESG Focus Areas

Climate ChangeResponsible Use of MaterialsResponsible Use of Water ResourcesResponsible Supply Chain ManagementProtection of Human and Labor RightsEmployee Well-beingProduct Safety and QualityCommunity Involvement

⚠️ Challenges & Risks +

  • Uncertainty linked to the Russia-Ukraine conflict and Israel-Palestinian conflict.
  • Decreased sales value due to decreased production volumes and unit sales prices.
  • Need to improve steam management to reduce energy consumption.
  • Need to calculate and reduce Scope 3 emissions.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI