Edenred Italia S.R.L.

Edenred Italia S.R.L., a company in the Financial Transactions Processing, Reserve, and Clearinghouse Activities industry, reported total carbon emissions of approximately 3,473,000 kg CO2e in 2024. This figure comprises 827,000 kg CO2e from Scope 1 emissions, 43,000 kg CO2e from market-based Scope 2 emissions, and 2,603,000 kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions in 2024 included employee commute (584,000 kg CO2e), purchased goods and services (490,000 kg CO2e), and downstream transportation and distribution (484,000 kg CO2e).

In 2023, the company's total emissions were approximately 3,544,000 kg CO2e, with 798,000 kg CO2e from Scope 1, 30,000 kg CO2e from market-based Scope 2, and 2,717,000 kg CO2e from Scope 3.

Looking back to 2022, total emissions were higher at approximately 5,992,000 kg CO2e, including 930,000 kg CO2e from Scope 1, 19,000 kg CO2e from market-based Scope 2, and 4,543,000 kg CO2e from Scope 3. A significant portion of 2022's Scope 3 emissions stemmed from waste generated in operations (2,160,000 kg CO2e).

Edenred Italia S.R.L. has set ambitious climate commitments. The company aims for a 51.4% absolute reduction in Scope 1 and 2 emissions by 2030, using 2019 as a baseline year. Longer-term, they are targeting a 90% absolute reduction in Scope 1 and 2 emissions by 2050, also against a 2019 baseline. These targets are cascaded from the ultimate parent company, Edenred SE, which has committed to achieving Net Zero by 2050 for all scopes.

Earlier efforts included a target to reduce the intensity of Scope 1 and Scope 2 emissions by 86% between 2013 and 2022, calculated based on the cubic meters of their Milan headquarters. Additionally, through the "Ideal" strategy, a 36% reduction in the intensity of greenhouse gas emissions generated by offices (in cubic meters) was targeted between 2013 and 2022.