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Carbon footprint and greenhouse gas emissions

In order to carry out its commitment to the gradual reduction of direct and indirect emissions, in 2012 IMA joined the Supply Chain Program of the CDP (formerly Carbon Disclosure Project) and, starting from 2014, as an issuer listed on the MTA organized and managed from Borsa Italiana S.p.A., also to the Climate Change Program, the main program of the same project.

CDP is an international non-profit organization that provides companies and the community with a global system for measuring, disseminating, monitoring and publishing information on environmental sustainability issues. The Program, which is aimed at companies, provides for the implementation of strategies designed to gradually reduce emissions, also involving partners along the supply chain, and to manage environmental risks associated with climate change.

Every year companies participating in the Main program of the CDP undertake to report their emissions (calculated in terms of emissions of carbon dioxide equivalent (or CO2e) in order to monitor them and, if possible, establish a plan to reduce them over time: the reported data are made public by the CDP, available to international investors, in order to guide their investment decisions towards companies that have a profile that is more sustainable for the environment.
In 2019, IMA was in the “Awareness C” band, a similar positioning compared to the previous year. Since 2014 IMA has been publishing its data in the “CDP” section of the website dedicated to investors, making them freely available to a wider audience.
IMA calculates its “carbon footprint” in terms of CO2 equivalent, reporting:

Direct emissions

(Scope 1)

from the consumption of fuels necessary to the supply of heating systems and machinery (natural gas, diesel and LPG), cars and trucks of the company’s pool whether owned or under finance leases (petrol, diesel and methane)

Indirect emissions

(Scope 2)

from electricity consumption, net of the energy produced by the photovoltaic park, and self-consumed, and certified supplied energy from renewable sources.

Indirect emissions

(Scope 3)

from consumption of water, of the fuels necessary to power cars and from the trucks of the company’s pool under rental/operating lease contracts (petrol, diesel, LPG and methane), from the acquisition of capital and other assets and services, from losses due to the extraction, distribution and transport of fuels and electricity, from logistics, transport and distribution services purchased, from urban and industrial waste generated and transported, from business trips and commuting by employees.

Thanks to the monitoring of emissions, IMA has formulated a plan to contain and reduce them. Various interventions have already been implemented, while others have been programmed as part of a reduction plan.

In 2019, the electricity supply of the IMA plants in Ozzano dell’Emilia (Bologna, Italy), Via Emilia 428-442, IMA registered office, in Via I Maggio 14-16 and Eurosicma S.p.A, via Michelangelo Buonarroti 4- 6, Segrate (Milan, Italy), has been certified as coming exclusively from renewable sources. In terms of Scope 2, this made it possible to save more than 5,052 tonnes of CO2 equivalent of indirect emissions in 2019 (using the Market-based10 method of calculation set out in the “GHG Protocol Scope 2 Guidance – An amendment to the GHG Protocol Corporate Standard” of 2015).

The trend in direct emissions in the two-year period reflects a better quality of the data and information available at Group level regarding natural gas consumption.

GREENHOUSE GAS EMISSIONS

 

ton co2 eq 2017

ton co2 eq 2018

ton co2 eq 2019

DIRECT EMISSIONS – SCOPE 1 13,727 9,015 13,154.44
Natural gas consumption emissions 10,916 6,604 6,283.91
LGP consumption emissions 4 4 23.92
Diesel consumption emissions 2,653 2,313 2,685.48
Company Car emissions (petrol driven) 155 93 408.00
Company Car emissions (gas driven) ND 0.05 1.22
INDIRECT EMISSIONS – SCOPE 212.580  
Electricity consumption emissions (Location Based Method) 12.580 14,505 14,153.24
Electricity consumption emissions (Market Based Method) ND 21,627 15,652

The trend in direct emissions in the two-year period reflects a better quality of the data and information available at Group level regarding natural gas consumption.

 

INITIATIVES TO REDUCE GREENHOUSE GAS EMISSIONS AND RESULTS ACHIEVED

The total production of the Italian photovoltaic park of IMA, in 2019, net of network sales, came to 611,786.9 MWh, which satisfied part of the energy needs of the various plants served, helping to avoid a total of 220 tonnes CO2e.

 

OTHER ATMOSPHERIC EMISSIONS (POLLUTING EMISSIONS)

IMA’s activities involve minimum emissions of NOX (nitrogen oxides), SO2 (sulphur dioxide), volatile organic compounds (VOCs) and atmospheric particulates, deriving from combustion in the thermal power plants, for space heating purposes and therefore non-productive. Therefore, given the low relevance of the issue at Group level, it was considered appropriate not to report on these pollutants in this document.

Download 2019 Sustain Ability Report »