MELCO Hydronics & IT Cooling S.p.A., a prominent player in the HVAC and IT cooling industry, is headquartered in Italy. Founded in 1974, the company has established itself as a leader in providing innovative solutions for hydronic systems and data centre cooling. With a strong presence across Europe and beyond, MELCO is renowned for its commitment to energy efficiency and sustainability. The company offers a diverse range of products, including chillers, heat pumps, and cooling systems, distinguished by their advanced technology and reliability. MELCO's focus on research and development has led to significant milestones, positioning it as a trusted partner for businesses seeking high-performance cooling solutions. With a reputation for excellence, MELCO continues to shape the future of hydronics and IT cooling, catering to the evolving needs of the industry.
How does MELCO Hydronics & IT Cooling 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.
Mean score of companies in the Machinery and Equipment 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.
MELCO Hydronics & IT Cooling S.p.A.'s score of 77 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
MELCO Hydronics & IT Cooling S.p.A., headquartered in Italy, currently does not report specific carbon emissions data for the most recent year, as no emissions figures are available. The company is a current subsidiary of Mitsubishi Electric Corporation, which cascades its climate commitments and emissions data. Mitsubishi Electric Corporation, the parent company, has established various climate initiatives, including Science Based Targets (SBTi) and CDP reporting, which MELCO adheres to at a cascade level of 1. However, specific reduction targets or achievements for MELCO itself have not been disclosed. As part of its commitment to sustainability, MELCO aligns with the broader corporate strategies of its parent company, focusing on reducing carbon emissions and enhancing energy efficiency within the industry. The absence of direct emissions data highlights the need for further transparency in reporting at the subsidiary level.
Access structured emissions data, company-specific emission factors, and source documents
| 2008 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 474,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 316,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 387,000,000 | - | - | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 | 000,000,000,000 |
MELCO Hydronics & IT Cooling S.p.A.'s Scope 3 emissions, which decreased by 1% last year and increased significantly since 2008, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 93% of Scope 3 emissions.
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.
MELCO Hydronics & IT Cooling 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.