Italian Sea Sustainability Profile
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 52% 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. This figure includes Scope 1 emissions of about 37,374,000 kg CO2e, primarily from stationary combustion (30,862,000 kg CO2e) and mobile combustion (2,830,000 kg CO2e). Scope 2 emissions totalled around 8,742,000 kg CO2e, with purchased electricity contributing approximately 6,676,000 kg CO2e. Additionally, Scope 3 emissions were reported at about 5,330,000 kg CO2e. The company has set ambitious reduction targets, aiming for an 80% decrease in both Scope 1 and Scope 2 emissions by 2024, using 2019 levels as a baseline. This commitment reflects a proactive approach to climate action, although the company is currently on track for its two-year target but not for the five-year goal. Data for Italian Sea's emissions is cascaded from its parent company, The Italian Sea Group S.p.A., which provides a comprehensive overview of the organisation's climate impact and commitments. The reported emissions data and reduction initiatives underscore the company's dedication to sustainability and its role in addressing climate change within the maritime industry.
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| 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 |
How Carbon Intensive is Italian Sea's Industry?
How Carbon Intensive is Italian Sea's Location?
Italian Sea'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.
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.
