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 31 is higher than 55% 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 53,315,000 kg CO2e globally, with significant contributions from Scope 1 and Scope 2 emissions. Specifically, Scope 1 emissions accounted for about 37,374,000 kg CO2e, primarily from stationary combustion, while Scope 2 emissions totalled approximately 8,742,000 kg CO2e. Scope 3 emissions were reported at about 5,330,000 kg CO2e. For its operations in Italy, the company reported total emissions of approximately 1,129,300 kg CO2e in 2023, with Scope 1 emissions at about 66,000 kg CO2e and Scope 3 emissions reaching approximately 903,100 kg CO2e. Italian Sea has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by 80% by 2024, using 2019 levels as a baseline. This action plan reflects the company's commitment to significant emissions reductions in the near term. The emissions data for Italian Sea is cascaded from its parent company, The Italian Sea Group S.p.A., which provides a comprehensive overview of the organisation's carbon footprint and climate initiatives. The company is actively working towards achieving its reduction targets while maintaining transparency in its emissions reporting.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 28,900 | 00,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,737,300 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 425,600 | 000,000 | 0,000,000 | 0,000,000 |
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.
