Piaggio

Piaggio, a motor vehicle, trailer, and semi-trailer manufacturer headquartered in Italy, reported its most recent carbon emissions for 2024. The company's total emissions for 2024 were approximately 4.76 billion kg CO2e. This figure includes Scope 1 emissions of 15,347,000 kg CO2e, market-based Scope 2 emissions of 35,988,000 kg CO2e, and Scope 3 emissions totalling 4,712,664,000 kg CO2e. Key contributors to Scope 3 emissions were the use of sold products (4,041,587,000 kg CO2e) and purchased goods and services (547,538,000 kg CO2e).

For 2023, Piaggio's Scope 1 emissions were 16,734,000 kg CO2e, and market-based Scope 2 emissions were 38,399,000 kg CO2e. Scope 3 emissions for 2023 included 4,555,597,000 kg CO2e from the use of sold products and 533,218,000 kg CO2e from purchased goods and services.

In 2022, Piaggio's Scope 1 emissions were 16,221,000 kg CO2e, with market-based Scope 2 emissions at 45,595,000 kg CO2e. Scope 3 emissions in 2022 amounted to 5,806,007,000 kg CO2e, primarily driven by 5,152,081,000 kg CO2e from the use of sold products and 653,926,000 kg CO2e from purchased goods and services.

Piaggio has committed to an absolute reduction target for its production activities. By 2030, the company aims to reduce its Scope 1 and Scope 2 (market-based) emissions by 42% compared to a 2022 base year. This commitment is aligned with a science-based methodology in line with the Paris Agreement targets. This emissions data and target information is inherited from the parent company, Piaggio & C. SpA.