Aquafil

Aquafil's reported carbon emissions

In 2024, Aquafil, an "Other business services (74)" company based in IT, reported total greenhouse gas emissions of approximately 1.04 billion kg CO2e. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. Scope 1 emissions amounted to about 91.3 million kg CO2e, while Scope 2 emissions were approximately 13.3 million kg CO2e (market-based). Scope 3 emissions represented the largest portion, totalling roughly 932.5 million kg CO2e, with purchased goods and services being a significant contributor at approximately 699.6 million kg CO2e. In the previous year, 2023, Aquafil's total emissions were approximately 976.2 million kg CO2e. Scope 1 emissions were about 61.7 million kg CO2e and Scope 2 emissions were approximately 12.1 million kg CO2e (market-based). Scope 3 emissions were around 913.9 million kg CO2e, with purchased goods and services accounting for the majority at approximately 767 million kg CO2e. Aquafil has outlined several climate commitments. The company aims to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of the current decade. Furthermore, Aquafil is committed to joining the Science Based Targets initiative (SBTi) by 2025 and setting emission reduction targets aligned with the Paris Agreement's goal of limiting global warming to 1.5°C. In line with this, Aquafil is developing a climate transition plan to achieve net-zero emissions by 2050. In the near term, the company achieved a 16% reduction in absolute Scope 1 and Scope 2 emissions between 2021 and 2022. The emissions data for Aquafil is inherited from its parent company, Aquafil S.p.A., as it is a current subsidiary.