- Strong uncertainty in the international economic context due to geopolitical tensions and inflation.
- Increased interest rates and greater caution in investments.
- Difficulty in finding resources with specific skills.
- High turnover and difficulty in recruiting.
- Heterogeneous practices and procedures across Group companies.
- Risks related to climate change impacts.
- Risks related to the management of people and local communities.
- Risks related to the management of environmental impacts.
- Risks related to the management of materials and the supply chain.
Somec S.p.A.
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Somec S.p.A. disclosed greenhouse gas emissions of 3.2K tCO2e (location based) / 2887.0 tCO2e (market based). By scope: Scope 1: 1.6K tCO2e; Scope 2: 1.6K tCO2e (location based) / 1302.8 tCO2e (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
3.2K tCO2e (location based) / 2887.0 tCO2e (market based)
2023
Renewable Energy
45.6%
of total energy
Water Usage
17.4K m3
2023
Waste
2.554,54 tons
2023
Energy Use
43.722,85 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). | 1.6K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 1.6K tCO2e (location based) / 1302.8 tCO2e (market based) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Completed the project for the creation of the GHG Scope 3 emissions inventory (limited to some Group companies and relating to FY 2022).
- Obtained ISO 14001 certification for Oxin.
- Budri started the process for ISO 14001 certification.
- Energy savings of 36,794 MJ due to energy-saving initiatives.
- 45.6% of electricity purchased and consumed by Group companies is covered by Guarantees of Origin.
- Inoxtrend produced 38,531 kWh of electricity from its photovoltaic plant (20% sold back to the grid).
- Budri's photovoltaic plant generated 16,556 kWh of electricity.
- Reduction in diesel fuel consumption by 5.3% and gasoline consumption by 23.1% (at constant perimeter).
🌱 ESG Focus Areas
Energy efficiency and climate changeWaste management and circular economyEmployee welfare and well-beingHuman resources development and human capitalHealth and safety in the workplaceSustainable supply chain managementDiversity and equal opportunitiesSustainability governance and business ethicsRelationship with local communitiesIndustrial relationsHuman rightsCybersecurityWater resource protectionTax management