Piaggio
Piaggio & C. S.p.A., headquartered in Italy, is a leading player in the global automotive industry, renowned for its innovative two-wheeled and three-wheeled vehicles. Founded in 1884, Piaggio has a rich history marked by significant milestones, including the launch of the iconic Vespa scooter in 1946, which revolutionised urban mobility. With a strong presence in Europe, Asia, and the Americas, Piaggio operates in the motorcycle, scooter, and commercial vehicle sectors. Its core products, such as the Vespa, Aprilia, and Moto Guzzi brands, are celebrated for their unique design, performance, and sustainability features. Piaggio's commitment to innovation has solidified its market position, making it a prominent name in the industry, recognised for quality and style.
DitchCarbon Score
How does Piaggio's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Motor Vehicle Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Piaggio's score of 33 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Piaggio's reported carbon emissions
In 2023, Piaggio reported total carbon emissions of approximately 51,877,000 kg CO2e, comprising 13,087,000 kg CO2e from Scope 1 and 38,151,000 kg CO2e from Scope 2 emissions. This represents a decrease from 2022, where emissions were about 61,201,000 kg CO2e, with Scope 1 at 16,221,000 kg CO2e and Scope 2 at 45,595,000 kg CO2e. Over the past few years, Piaggio has demonstrated a commitment to reducing its carbon footprint. In 2021, the company emitted approximately 59,563,000 kg CO2e, indicating a downward trend in emissions. However, there are currently no specific reduction targets or initiatives disclosed under the Science Based Targets initiative (SBTi) or other climate pledges. Piaggio's emissions per unit of revenue have also improved, with emissions of about 0.023 kg CO2e per EUR of revenue in 2023, down from approximately 0.027 kg CO2e in 2022. The company continues to focus on sustainability and reducing its environmental impact, although further details on specific reduction initiatives or long-term commitments are not available.
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| 2015 | 2016 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 20,388,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 41,010,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Piaggio is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
