Italian Sea
Italian Sea Group, often referred to as ITSG, is a prominent player in the luxury yacht manufacturing industry, headquartered in Italy. Established in 2008, the company has rapidly expanded its operational footprint, with significant activities in key regions such as the Mediterranean and beyond. Specialising in the design and construction of high-end yachts, Italian Sea Group is renowned for its innovative approach and commitment to quality craftsmanship. Their portfolio includes a diverse range of vessels, from bespoke superyachts to semi-custom models, each distinguished by unique design elements and advanced technology. With a strong market position, Italian Sea Group has achieved notable milestones, including prestigious awards for design excellence and sustainability initiatives. Their dedication to creating exceptional maritime experiences solidifies their reputation as a leader in the luxury yacht sector.
DitchCarbon Score
How does Italian Sea'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 Motor Vehicle Manufacturing 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
Italian Sea's score of 30 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Italian Sea's reported carbon emissions
In 2023, Italian Sea reported total carbon emissions of approximately 1,129,300 kg CO2e. This figure includes 66,000 kg CO2e from Scope 1 emissions, 160,200 kg CO2e from Scope 2 emissions (purchased electricity), and a significant 903,100 kg CO2e from Scope 3 emissions. The previous year, 2022, saw total emissions of about 1,143,900 kg CO2e, with Scope 1 at 59,700 kg CO2e, Scope 2 at 374,200 kg CO2e, and Scope 3 at 710,000 kg CO2e. In 2021, emissions peaked at approximately 2,789,900 kg CO2e, with Scope 1 emissions at 29,400 kg CO2e, Scope 2 at 2,176,700 kg CO2e, and Scope 3 at 583,800 kg CO2e. The trend indicates a reduction in total emissions from 2021 to 2023, reflecting a commitment to improving sustainability practices. Despite these figures, Italian Sea has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi commitments. The emissions data is cascaded from its parent company, The Italian Sea Group S.p.A., which provides a comprehensive overview of the organisation's carbon footprint across its operations. Overall, while Italian Sea has made strides in reducing its emissions over the past few years, the lack of formal reduction targets suggests an opportunity for further commitment to climate action.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 28,900 | 00,000 | 00,000 | 00,000 |
| Scope 2 | 1,737,300 | 0,000,000 | 000,000 | 000,000 |
| Scope 3 | 425,600 | 000,000 | 000,000 | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Italian Sea is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
