Italdesign Giugiaro S.p.A. Sustainability Profile
Italdesign Giugiaro S.p.A., commonly known as Italdesign, is a renowned Italian automotive design and engineering firm headquartered in Moncalieri, Italy. Founded in 1968 by Giorgetto Giugiaro and Aldo Mantovani, the company has established itself as a leader in the automotive industry, specialising in vehicle design, engineering, and prototyping. With a strong presence in Europe and significant operations in Asia, Italdesign is celebrated for its innovative approach to automotive design, offering unique services that encompass concept development, product design, and industrial engineering. The firm has collaborated with numerous prestigious car manufacturers, contributing to iconic models that have shaped the automotive landscape. Italdesign's commitment to excellence is reflected in its numerous awards and recognitions, solidifying its position as a key player in the global automotive sector.
DitchCarbon Score
How does Italdesign Giugiaro S.p.A.'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
Italdesign Giugiaro S.p.A.'s score of 51 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Italdesign Giugiaro S.p.A.'s reported carbon emissions
In 2023, Italdesign Giugiaro S.p.A. reported total carbon emissions of approximately 54,000,000 kg CO2e. This figure includes 2,692 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 2,664 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Notably, the majority of their emissions, about 54,596,000 kg CO2e, fall under Scope 3, which includes emissions from the entire value chain, such as capital goods and purchased goods and services. Italdesign is committed to achieving net carbon neutrality as part of the Volkswagen Group's sustainability plan. The company has set measurable greenhouse gas (GHG) reduction targets in alignment with the Science Based Targets initiative (SBTi), aiming for significant reductions by 2030, using 2018 as the baseline year. These targets apply to both Scope 1 and Scope 2 emissions, reflecting a long-term commitment to reducing their carbon footprint. The emissions data is cascaded from Volkswagen AG, the parent company, which has established these ambitious climate goals. Italdesign's initiatives are part of a broader corporate strategy to address climate change and promote sustainability within the automotive industry.
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| 2023 | |
|---|---|
| Scope 1 | 2,692 |
| Scope 2 | 2,664 |
| Scope 3 | 54,595,744.51 |
How Carbon Intensive is Italdesign Giugiaro S.p.A.'s Industry?
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Italdesign Giugiaro S.p.A.'s Scope 3 Categories Breakdown
Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 64% of Scope 3 emissions.
Top Scope 3 Categories
Italdesign Giugiaro S.p.A.'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.
Italdesign Giugiaro S.p.A. 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.
