Public Profile

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.

38

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.

2

Industry Benchmark

Piaggio's score of 38 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

95%

Piaggio's reported carbon emissions

In 2023, Piaggio reported total carbon emissions of approximately 5,088,816,000 kg CO2e, comprising 16,187,000 kg CO2e from Scope 1, 13,087,000 kg CO2e from Scope 2, and 5,088,816,000 kg CO2e from Scope 3 emissions. This reflects a significant portion of their overall emissions, with Scope 3 emissions being the largest contributor. In previous years, Piaggio's emissions have shown fluctuations. For instance, in 2022, total emissions were about 5,806,007,000 kg CO2e, with Scope 1 at 19,035,000 kg CO2e, Scope 2 at 16,221,000 kg CO2e, and Scope 3 at 5,806,007,000 kg CO2e. The company has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments, indicating a potential area for improvement in their sustainability strategy. Overall, Piaggio's emissions data highlights the importance of addressing Scope 3 emissions, which are often the most challenging to manage, and suggests a need for more robust climate action commitments moving forward.

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2014201520162020202120222023
Scope 1
10,526,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
13,270,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
41,969,000
00,000,000
00,000,000
00,000,000
00,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Piaggio's primary industry is Motor vehicles, trailers and semi-trailers (34), which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Piaggio is headquartered in IT, which has a rank of low, indicating low grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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