AFV Acciaierie Beltrame S.p.A.

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023

In its 2023 reporting, AFV Acciaierie Beltrame S.p.A. disclosed greenhouse gas emissions of 1.3M tCO2e (Scope 2 Market Based); 1317150 tCO2e (Scope 2 Location Based). By scope: Scope 3: 804.8K tCO2e (2023). 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
1.3M tCO2e (Scope 2 Market Based); 1317150 tCO2e (Scope 2 Location Based)
2023
⚡
Renewable Energy
53.9% (2023)
of total energy
💧
Water Usage
4.9M m3 (2022); 4891000 m3 (2023)
2023
♻️
Waste
534.3K tons (2022); 478970 tons (2023)
2023
⚙️
Energy Use
8.6M GJ (2022); 7431797 GJ (2023)
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).804.8K tCO2e (2023)

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce energy consumption of EAF furnaces and natural gas consumption in rolling mills (specific targets provided).

📅 Medium-term

  • 40% renewable energy in total supply for AFV Acciaierie Beltrame (Italy) and Donalam-Călărași (Romania) by 2030.
  • Significant increase in fossil-free energy sources for L.M.E. (France) and Stahl Gerlafingen (Switzerland) by 2030.
  • 40% reduction by 2030 in total Scope 1 + Scope 2 emissions compared to 2015 levels.

🔭 Long-term

  • Achieve carbon neutrality (0.12 tonnes of CO2 per tonne of finished product).

🌱 ESG Focus Areas

Production efficiencyCircular economyHydrogenSelf-consumption of renewable energyHealth, safety and well-being, including human rightsDecarbonisation and climate changeEnergy managementEnvironmental management: water, air, wasteEconomic performanceDevelopment and management of human capitalBusiness ethicsPolicy and regulatory riskCommunity impact and development

⚠️ Challenges & Risks +

  • Changes in national and international regulations and policies impacting reporting requirements and business operations.
  • The risk of carbon leakage due to increased climate ambition level in the EU.
  • Further reduction of free allocation of CO2 emission rights, potentially entailing additional costs and requiring significant investments.
  • Risk of loss of competitiveness in non-EU markets due to CBAM and less stringent rules in non-European nations.
  • Cybersecurity threats and cybercrime.

📋 Report Information

Reporting Period: 2023
Frameworks: GRI
Assurance: Deloitte & Touche S.p.A. (Limited Assurance)