Public Profile

Piaggio

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.

31

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.

20

Industry Benchmark

Piaggio's score of 31 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

85%

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Piaggio's reported carbon emissions

In 2023, Piaggio reported total carbon emissions of approximately 13,087,000 kg CO2e for Scope 1 and about 38,151,000 kg CO2e for Scope 2. This reflects a significant reduction in emissions compared to previous years, with Scope 1 emissions decreasing from about 16,221,000 kg CO2e in 2022 and Scope 2 emissions from approximately 45,595,000 kg CO2e. Over the years, Piaggio has demonstrated a commitment to reducing its carbon footprint. For instance, in 2021, the company recorded Scope 1 emissions of about 17,183,000 kg CO2e and Scope 2 emissions of approximately 44,943,000 kg CO2e. The trend shows a consistent decline in emissions, indicating effective climate strategies. Despite the absence of specific reduction targets or initiatives disclosed, Piaggio's ongoing efforts to lower emissions are evident in their annual reports, which highlight emissions per vehicle produced and emissions relative to net revenues. The company continues to focus on sustainability as part of its operational strategy, aligning with industry standards for climate action.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201520162020202120222023
Scope 1
20,388,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
41,010,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Piaggio's primary industry is Motor vehicles, trailers and semi-trailers (34), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Piaggio is in IT, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Piaggio is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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