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Piaggio & C. S.p.A., commonly known as Piaggio, is a prominent player in the motor vehicles, trailers, and semi-trailers industry, headquartered in Italy. Founded in 1884, Piaggio has evolved into a leading manufacturer of two-wheeled vehicles, scooters, and light commercial vehicles, with a strong presence in Europe and Asia.
The company is renowned for its iconic Vespa scooters, which combine timeless design with innovative technology, setting them apart in the competitive market. Piaggio's commitment to sustainability and advanced engineering has positioned it as a pioneer in the industry, achieving significant milestones such as the introduction of electric models.
With a robust market position, Piaggio continues to expand its portfolio, focusing on quality, performance, and style, making it a trusted name among consumers and enthusiasts alike.
+33 vs industry average
Piaggio’s score of 65 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Motor Vehicle Manufacturing has above-average carbon intensity
The Motor Vehicle Manufacturing industry has reduced its overall emissions by 35% since 2018
Scope 3 accounts for ••• of total emissions.
Piaggio's latest reported emissions data shows a total of approximately 4.5 billion kg CO2e in 2025. This includes Scope 1 emissions of 12.5 million kg CO2e, Scope 2 (market-based) emissions of 29.4 million kg CO2e, and various Scope 3 emissions.
Looking back, Piaggio's total emissions in 2024 were approximately 4.76 billion kg CO2e, with Scope 1 at 15.3 million kg CO2e and Scope 2 (market-based) at 36 million kg CO2e. In 2023, the company's Scope 1 emissions were 16.7 million kg CO2e and Scope 2 (market-based) emissions were 38.4 million kg CO2e. The significant portion of Piaggio's reported Scope 3 emissions in 2023 came from the use of sold products (4.56 billion kg CO2e) and purchased goods and services (533.2 million kg CO2e).
Piaggio is committed to climate action, with targets to reduce emissions associated with its production activities. The Group aims for a 42% reduction in Scope 1 and Scope 2 (market-based) emissions by 2030, using 2022 as the baseline year. This data is inherited from the parent company, Piaggio & C. SpA.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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