Piaggio

Piaggio, an Italian motor vehicle manufacturer, reported total carbon emissions of approximately 4.76 billion kg CO2e in 2024. This figure comprises 15.35 million kg CO2e from Scope 1 emissions, 35.99 million kg CO2e from Scope 2 (market-based), and 4.71 billion kg CO2e from Scope 3 emissions. Key contributors to Scope 3 emissions include use of sold products (approximately 4.04 billion kg CO2e) and purchased goods and services (around 547.54 million kg CO2e).

Looking back, Piaggio's total emissions in 2023 were approximately 5.11 billion kg CO2e, with Scope 1 at 16.73 million kg CO2e, Scope 2 (market-based) at 38.39 million kg CO2e, and Scope 3 at 5.09 billion kg CO2e. In 2022, the company's Scope 1 emissions were 16.22 million kg CO2e and Scope 2 (market-based) were 45.59 million kg CO2e, with Scope 3 data not disclosed for that year.

Piaggio has committed to significant reductions in its operational emissions. The Group aims for a 42% reduction in Scope 1 and Scope 2 (market-based) emissions associated with production activities by 2030, using 2022 as the baseline year. This target is cascaded from its parent company, Piaggio & C. SpA.