Arezzo And Co

Arezzo & Co. reported approximately 245.3 million kg CO2e in total emissions for 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. The company's Scope 1 emissions for 2024 were approximately 12.3 million kg CO2e, with Scope 2 emissions (market-based) at about 853,340 kg CO2e and Scope 2 (location-based) at approximately 3.8 million kg CO2e. Scope 3 emissions for the same year were substantial, totalling around 245.3 million kg CO2e, with the largest contributions from purchased goods and services (approximately 147.3 million kg CO2e) and upstream transportation and distribution (approximately 48.5 million kg CO2e).

In 2022, Arezzo & Co. reported total emissions of approximately 240 million kg CO2e. Scope 1 emissions were approximately 736,380 kg CO2e, and Scope 2 emissions (market-based) were around 353,380 kg CO2e, with Scope 2 (location-based) at approximately 683,830 kg CO2e. Scope 3 emissions in 2022 amounted to approximately 238.7 million kg CO2e, with purchased goods and services accounting for the largest portion at approximately 193.8 million kg CO2e.

Arezzo & Co. has set ambitious climate commitments. The company aims to be NET ZERO by 2050, with a target to reduce 90% of Scope 1, 2, and 3 emissions. Additionally, by 2030, they commit to reducing Scope 1 and 2 greenhouse gas (GHG) emissions by 42% from a 2022 base year. This near-term target is aligned with keeping warming to 1.5°C. Long-term, Arezzo & Co. aims for a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2050 from a 2022 base year. Furthermore, they have committed to reducing absolute Scope 3 GHG emissions by 90% by 2050 and absolute Scope 3 FLAG (Forest, Land and Agriculture) GHG emissions by 72% by 2050, also from a 2022 base year. They also have a target to ensure 90% of their suppliers, by emissions covering purchased goods and services, will have science-based targets by 2028.