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Carbon footprint and greenhouse gas emissions

IMA calculates its “Carbon Footprint” in terms of CO2 eq, reporting both according to the emission categories of the GHG Protocol, and according to those characteristics of the ISO 14064-1 standard.

Direct emissions (Scope 1) Indirect emissions (Scope 2) Indirect emissions (Scope 3)
deriving from the consumption of fuels needed to power thermal plants and machinery (natural gas, diesel and LPG) and the cars of the company pool (petrol, diesel, LPG and methane) from electricity consumption, net of the energy produced by the photovoltaic park, and self-consumed, and certified supplied energy from renewable sources. deriving from the consumption of water, the purchase of fixed assets, other assets and goods and services, losses on the extraction, distribution and transportation of fuels and electricity, the purchase of logistics, transportation and distribution services, the generation, transportation and disposal of urban and industrial waste, and travel for work and by employees travelling between work and home.

Thanks to the monitoring of emissions, IMA has formulated a plan to contain and reduce them. In particular, various interventions have been implemented and planned with a view to a plan to reduce energy consumption and increase self-production and supply of clean energy.

In the year 2021, the supply of electricity certified with a Guarantee of Origin from renewable sources, made it possible to avoid 11,227.73 tons of CO 2 eq of indirect emissions of Scope 2 in Italy. Including the foreign companies of the IMA Group, 11,236.47 tons of CO 2 eq of indirect emissions of Scope 221 were avoided.

The production of IMA’s Italian photovoltaic park in 2021, net of transfers to the grid, amounted to self-consumption of a total of 715,599 KWh, partially satisfying the energy needs of the related plants served, helping to avoid 225.41 tons of CO 2 eq . The self-consumption of thermal energy produced by IMA S.p.A.’s solar thermal collectors in 2021 avoided 58.97 tons of CO2 eq. The trend in Scope 1 emissions largely reflects greater use of the car pool in 2021 compared with 2020, mainly due to the resumption of circulation following the limitations imposed by the Covid-19 anti-contagion measures. Likewise, the trend in Scope 2 emissions (calculated according to the Location Based method envisaged by the GHG Protocol) reflects the increase in electricity consumption compared with 2020, attributable to the resumption of full operational activities. The gradual reduction of Scope 2 emissions (calculated according to the Market Based method) depended on the extension of the supply of electricity certified as generated from renewable sources.

The intensity rates are calculated by dividing the Scope 1+222 emissions in tonCO2 eq by the usable surface area in m2, sales in euros, and the number of employees (expressed as Full-Time Equivalents (FTEs) to take account of both part-time and full-time contracts); the 2020 values for IMA in Italy are respectively 0.055 tonCO2 eq/ m2 (0.057 tonCO2 eq/m2 at Group level); 0.0000143 tonCO2 eq/ € (0.0000148 ton CO2 eq/ € at Group level) and 4.65 tonCO2 eq/ FTEs (4.03 tonCO2 eq/ FTEs at Group).

The intensity rates are calculated by dividing the Scope 1+223 semissions in ton of CO2 eq by the usable surface area in m2 sales in euros, and the number of employees (expressed as Full-Time Equivalents (FTEs) to take account of both part-time and full-time contracts); the values for the IMA Group for 2021 are respectively, 0.056 tons of CO2 eq/m2 for Italy (0,055 tons of CO2 eq/m2 considering foreign companies); 0.0000166 tons CO2 eq/€ (0.0000160 tons CO2 eq/€ considering foreign companies) and 5.13 tons CO2 eq/FTEs (4.42 tons CO2 eq/FTEs considering foreign companies).

Other polluting emissions

IMA’s activities involve insignificant NO emissions x (nitrogen oxides), SOx (sulfur dioxides), volatile organic compounds (VOCs) and atmospheric particulate matter (PM), deriving from the combustion generated in the thermal power stations of the plants.

CDP

To fulfil its commitment to the gradual reduction of direct and indirect emissions IMA has since 2012 taken part in the Supply Chain Program of CDP (formerly Carbon Disclosure Project), an international non-profit organisation that offers companies and the community a global system for measuring, disseminating, monitoring and publishing information on environmental sustainability issues, and since 2014 in the Climate Change Program as well. The program, aimed at companies, provides for the attribution of a rating with respect to the implementation of strategies to progressively reduce emissions, also involving partners along the supply chain, and to manage the environmental risks associated with climate change. Every year, the companies that adhere to the CDP Climate Change program undertake to communicate their emissions in order to monitor them and define a program for their reduction 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 2021, IMA placed itself in the “Management B-” band, rising in level compared with the “Awareness C” Score of previous years.

In addition to the CDP, IMA has for years adhered to the EcoVadis program, in which companies are evaluated, among other areas, also with respect to performance and management of environmental issues.