- Supply chain disruptions due to geopolitical factors and climate events.
- Balancing sustainability goals with affordability for consumers.
- Ensuring living wages and fair labor practices across the supply chain.
- Managing unsold inventory and promoting circularity.
- Addressing water scarcity in high-risk regions.
OVS S.p.A.
Greenhouse gas emissions & sustainability report data
In its 2023-02-01 to 2024-01-31 reporting, OVS S.p.A. disclosed greenhouse gas emissions of 447.0K tCO2e/year (Scope 3). By scope: Scope 1: 8.4K tCO2e/year (Italy); Scope 2: 990 tCO2e/year (Market-based, Italy); Scope 3: 447.0K tCO2e/year. 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
447.0K tCO2e/year (Scope 3)
2023-02-01 to 2024-01-31
Renewable Energy
86% (direct energy consumption)
of total energy
Water Usage
539.3K m3/year
2023-02-01 to 2024-01-31
Waste
11.8K tons/year
2023-02-01 to 2024-01-31
Energy Use
651.7K GJ/year
2023-02-01 to 2024-01-31
📊 Emissions by Scope (2023-02-01 to 2024-01-31)
| 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). | 8.4K tCO2e/year (Italy) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 990 tCO2e/year (Market-based, Italy) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 447.0K tCO2e/year |
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 |
|---|---|
| 2023-02-01 to 2024-01-31 | 447.0K tCO2e/year (Scope 3) |
| 2018-2020 | 18.6K tCO2e/year (2020) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced product-related emissions by approximately 17% compared to 2019.
- Reached 90% of products meeting "Better Products" criteria.
- Increased the share of recycled polyester in collections to 22%.
- Installed over 50 photovoltaic systems across Italy in 2023.
- Reduced water consumption by 10% compared to 2022.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce water consumption by 10% by 2025
- Achieve 90% of assortment according to "Better Products" criteria by 2030
📅 Medium-term
- Achieve 40% renewable energy in electricity needs by 2030
- Implement closed-loop production with post-consumer recycled materials by 2030
🔭 Long-term
- Achieve carbon neutrality
🌱 ESG Focus Areas
Climate ChangeCircular EconomyHuman RightsLabor StandardsSupply Chain TransparencyEmployee Well-being