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.
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.
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.
Italian Sea's score of 28 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Italian Sea reported total carbon emissions of approximately 53,315,000 kg CO2e. This figure includes 37,374,000 kg CO2e from Scope 1 emissions, which primarily stem from stationary combustion (30,862,000 kg CO2e) and mobile combustion (2,830,000 kg CO2e). Scope 2 emissions accounted for about 8,742,000 kg CO2e, with purchased electricity contributing 6,676,000 kg CO2e. Additionally, Scope 3 emissions were reported at approximately 5,330,000 kg CO2e. Comparatively, in 2022, total emissions were about 53,922,000 kg CO2e, indicating a slight reduction in emissions year-on-year. The breakdown for 2022 shows Scope 1 emissions at 36,930,000 kg CO2e, Scope 2 at 8,148,000 kg CO2e, and Scope 3 at 6,053,000 kg CO2e. Despite these figures, Italian Sea has not set specific reduction targets or climate pledges, and there are no documented initiatives aimed at reducing emissions. The emissions data is cascaded from its parent company, The Italian Sea Group S.p.A., reflecting the company's current subsidiary status. Overall, while Italian Sea has made some progress in reducing its emissions, the absence of formal reduction commitments highlights an area for potential improvement in its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 29,000 | 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 |
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.
Italian Sea 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.
