- Climate change transition risks (market demand shift towards lower emission vehicles, stricter regulations)
- Physical risks from extreme climate events (earthquakes, typhoons, flooding)
- Potential product failures
- Service quality not in line with customer needs
- Supplier non-compliance with ESG principles
- Human rights violations
- Corruption
Piaggio & C. S.p.A.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Piaggio & C. S.p.A. disclosed greenhouse gas emissions of 5.1M tCO2e (including indirect Scope 2). By scope: Scope 1: 16.2K tons CO2eq; Scope 2: 13.1K tons CO2; Scope 3: 5.1M tCO2eq. 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
5.1M tCO2e (including indirect Scope 2)
2023
Water Usage
563 megalitres
2023
Waste
15.6K tons
2023
Energy Use
451.0K GJ
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). | 16.2K tons CO2eq |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 13.1K tons CO2 |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 5.1M tCO2eq |
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 | 5.1M tCO2e (including indirect Scope 2) |
| 2017 | 18.3K (direct) + 42642 (indirect) tCO2e/year |
| 2016 | 19.3K tCO2e/year (direct and indirect) |
| 2015 | 20.4K (direct) + 41010 (indirect) tCO2e/year |
| 2013 | 21.2K tCO2e (direct) + 46289 tCO2e (indirect) |
| 2007-2008 | 21.5K tCO2e (direct) + 62285 tCO2e (indirect) in 2008 |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scope 1 emissions at the Pontedera plant by 56.2% from 1998 to 2022
- Reduced Scope 3 category 11 emissions by 29.4% from 2008 to 2022 on the Vespa 125cc
- Vespa GTS 300 ABS E5 recyclability of 89.7% and recoverability of 97.9%
- New Porter NP6 SW LPG SR 2,12T recyclability of 89.5% and recoverability of 98.9%
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce emissions associated with production activities by 42% compared to 2022 by 2030
📅 Medium-term
- Achieve 18% electric two-wheelers sold by 2030
- Achieve 30% electric commercial vehicles sold in India and Europe by 2030
🔭 Long-term
- Net zero emissions by 2050
🌱 ESG Focus Areas
Supporting local communitiesClimate changeProduct innovationCreation of economic valueWaste handlingConserving water resourcesCustomer SatisfactionDeveloping human resourcesProduct safety and reliabilityRespect for human rightsHealth and SafetyResponsible management of the supply chainBusiness integrity