Federchimica Sustainability Profile
Federchimica, officially known as the Italian Chemical Industry Federation, is headquartered in Italy and plays a pivotal role in the chemical sector across Europe. Founded in 1926, the organisation has been instrumental in representing the interests of the chemical industry, advocating for sustainable practices and innovation. With a focus on various business areas, including pharmaceuticals, agrochemicals, and specialty chemicals, Federchimica promotes the development of high-quality products that meet stringent safety and environmental standards. The federation's commitment to sustainability and technological advancement has positioned it as a leader in the industry, fostering collaboration among its members to drive growth and competitiveness. Notable achievements include its active participation in shaping regulatory frameworks and its role in promoting research and development initiatives, ensuring that the Italian chemical industry remains at the forefront of global advancements.
DitchCarbon Score
How does Federchimica'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 Business Services 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
Federchimica's score of 32 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Federchimica's reported carbon emissions
In 2023, Federchimica reported total emissions of approximately 7,264,510 kg CO2e, comprising 7,264,510 kg CO2e from Scope 1 and 1,087,680 kg CO2e from Scope 2 emissions. The previous year, 2022, saw total emissions of approximately 80,193,500 kg CO2e, with Scope 1 emissions at 7,147,530 kg CO2e, Scope 2 at 1,335,380 kg CO2e, and significant Scope 3 emissions of approximately 80,193,500 kg CO2e. Federchimica has not set specific reduction targets or initiatives as per the latest data. The organisation's emissions data is not cascaded from any parent company, indicating that it operates independently in its reporting and climate commitments. The company is actively engaged in climate action but has not disclosed specific reduction initiatives or commitments to frameworks such as the Science Based Targets initiative (SBTi). The focus remains on transparency in emissions reporting, with a commitment to improving sustainability practices within the chemical industry in Italy.
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| 2012 | 2013 | 2014 | 2016 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 205,000 | 00,000 | 00,000 | 000,000,000 | 00,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | 0,000,000,000 | 0,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 | - | - | 00,000,000 | - |
How Carbon Intensive is Federchimica's Industry?
How Carbon Intensive is Federchimica's Location?
Federchimica's Scope 3 Categories Breakdown
Federchimica's Scope 3 emissions, which decreased by 98% last year and decreased by approximately 98% since 2016, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 71% of Scope 3 emissions.
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Federchimica's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Federchimica has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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