Piaggio Sustainability Profile
Piaggio & C. S.p.A., headquartered in Italy, is a leading player in the global automotive industry, renowned for its innovative two-wheeled and three-wheeled vehicles. Founded in 1884, Piaggio has a rich history marked by significant milestones, including the launch of the iconic Vespa scooter in 1946, which revolutionised urban mobility. With a strong presence in Europe, Asia, and the Americas, Piaggio operates in the motorcycle, scooter, and commercial vehicle sectors. Its core products, such as the Vespa, Aprilia, and Moto Guzzi brands, are celebrated for their unique design, performance, and sustainability features. Piaggio's commitment to innovation has solidified its market position, making it a prominent name in the industry, recognised for quality and style.
DitchCarbon Score
How does Piaggio'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
Piaggio's score of 57 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Piaggio's reported carbon emissions
In 2024, Piaggio reported total carbon emissions of approximately 4,764,000,000 kg CO2e, with emissions distributed across various scopes: 15,347,000 kg CO2e (Scope 1), 35,988,000 kg CO2e (Scope 2, market-based), and a significant 4,041,587,000 kg CO2e (Scope 3). The Scope 3 emissions primarily stem from the use of sold products, which accounted for about 4,041,587,000 kg CO2e. For 2023, Piaggio's total emissions were approximately 4,764,000,000 kg CO2e, with Scope 1 emissions at 16,734,000 kg CO2e and Scope 2 emissions at 38,399,000 kg CO2e (market-based). The company has set ambitious reduction targets, committing to a 42% reduction in emissions associated with production activities (Scope 1 and Scope 2 market-based) by 2030, using 2022 as the baseline year. Piaggio's emissions data is cascaded from its parent company, Piaggio & C. SpA, reflecting its commitment to transparency and accountability in climate reporting. The company is actively working towards its reduction goals, demonstrating a proactive approach to mitigating its environmental impact.
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| 2014 | 2015 | 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 19,033,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 41,969,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - | - | 000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Piaggio's Industry?
How Carbon Intensive is Piaggio's Location?
Piaggio's Scope 3 Categories Breakdown
Piaggio's Scope 3 emissions, which decreased by 7% last year and increased significantly since 2022, 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 86% of Scope 3 emissions.
Top Scope 3 Categories
Piaggio'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.
Piaggio 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.
