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Financial Intermediation
IT
updated 2 hours ago

SITI

Company website

SITI Impianti, commonly referred to as SITI, is a leading player in the industrial automation sector, headquartered in Italy. Founded in 1960, the company has established a strong presence in Europe and beyond, specialising in advanced machinery and systems for the ceramic and glass industries. SITI is renowned for its innovative solutions, including cutting-edge kilns and production lines that enhance efficiency and sustainability. The company’s commitment to quality and technological advancement has positioned it as a trusted partner for manufacturers seeking to optimise their operations. With a rich history marked by significant milestones, SITI continues to drive industry standards, making it a prominent name in the global market for industrial automation solutions.

DitchCarbon Score

How does SITI'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.

23

Industry Average

Mean score of companies in the Financial Intermediation 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.

30

Industry Benchmark

SITI's score of 23 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

28%

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SITI's reported carbon emissions

In 2024, SITI reported total carbon emissions of approximately 1,100,000 kg CO2e, encompassing Scope 1 and Scope 2 emissions. For the previous year, 2023, SITI disclosed emissions data for its operations in Italy, which included 3,224 kg CO2e from Scope 1, 47,845 kg CO2e from Scope 2 (market-based), and 627,673 kg CO2e from Scope 3 emissions. This indicates a significant reliance on indirect emissions, particularly from its supply chain and product use. SITI's emissions data for 2022 in Italy showed 92,160 kg CO2e from Scope 1, 22,933 kg CO2e from Scope 2 (market-based), and 676,209 kg CO2e from Scope 3, highlighting a consistent pattern of higher Scope 3 emissions. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). SITI's emissions data is not cascaded from a parent organization, and all reported figures are derived directly from its own disclosures. The company continues to monitor its carbon footprint, but further commitments or reduction strategies have not been publicly outlined.

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2024
Scope 1
-
Scope 2
-
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. SITI's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very 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 SITI 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.

SITI 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
Reduction Actions

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