- Limited control over environmental impact due to the nature of the financial services business
- Increased energy consumption due to office space expansion in Milan
- Maintaining a balance between business growth and ESG performance
Generalfinance S.p.A.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Generalfinance S.p.A. disclosed greenhouse gas emissions of 151.968 tCO2e/year (Scope 1 + Scope 2 market based). By scope: Scope 1: 121.039 tCO2e/year; Scope 2: 30.929 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
151.968 tCO2e/year (Scope 1 + Scope 2 market based)
2023
Renewable Energy
46%
of total energy
Waste
618.8 kg/year (paper)
2023
Energy Use
452 GJ/year
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 121.039 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 30.929 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 period | Headline emissions figure reported |
|---|---|
| 2023 | 151.968 tCO2e/year (Scope 1 + Scope 2 market based) |
| 2022 | 106.232 tCO2e/year (Scope 1+2 market-based) |
| 2021-2023 | 151.968 tCO2e (Scope 1+2 market based) in 2023 |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Increased renewable energy share to 46% of total energy use in 2023
- Reduced paper consumption through digitalization initiatives
- Implemented energy efficiency measures in Biella office (2020) and Milan office (2022)
🌱 ESG Focus Areas
Support for businesses in difficultyEmployee well-being and developmentTransparent and responsible governance