- High inflation, restrictive financing conditions and geopolitical scenarios affecting Europe and the Middle East
- Energy costs (although lower than in 2022, remain a potential critical area)
- Increased employee turnover due to reactivation of the labor market and production reorganization
- Non-compliance of suppliers with the Group’s Supplier Code of Conduct
- Climate change risks (extreme weather events affecting production sites)
Fine Foods & Pharmaceuticals N.T.M. S.p.A.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Fine Foods & Pharmaceuticals N.T.M. S.p.A. disclosed greenhouse gas emissions of 8.4K tCO2e (location based) / 7264.51 tCO2e (market based) in 2023. By scope: Scope 1: 7.3K tCO2e in 2023; Scope 2: 1.1K tCO2e (location based) in 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
8.4K tCO2e (location based) / 7264.51 tCO2e (market based) in 2023
2023
Renewable Energy
100% (purchased)
of total energy
Water Usage
64.4K m3 in 2023
2023
Waste
18.2K tons in 2023
2023
Energy Use
141.8K GJ in 2023
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). | 7.3K tCO2e in 2023 |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.1K tCO2e (location based) in 2023 |
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 | 8.4K tCO2e (location based) / 7264.51 tCO2e (market based) in 2023 |
| 2022 | 8.3K tCO2e/year (Scope 1+2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- -19% CO2 emissions per €M (compared to 2022)
- 802 MWh/year of energy produced from renewable sources
- 100% green energy purchased from the grid
- -27% water consumption compared to 2022
- -40% water consumption intensity on turnover
- -9% ton waste/turnover compared to 2022
- 43 per cent reduction in carbon emissions compared to the original (Fine Foods For Future food supplement)
🎯 Climate & Sustainability Targets
📅 Medium-term
- At least 500 kW installed power (renewable energy) by 2025
- Alignment of decarbonisation target with science-based objectives by 2025
- 100% green energy purchased from the grid by 2025
- Group of suppliers that account for 80% of total expenditure assessed under environmental and social criteria by 2025
- Group of suppliers that account for 80% of total expenditure with signed code of conduct by 2025
🌱 ESG Focus Areas
Ethics and GovernancePeopleEnvironmentSustainable ProductsSupply ChainRegional Development