Fincantieri Sustainability Profile
Fincantieri S.p.A., a leading player in the shipbuilding industry, is headquartered in Trieste, Italy. Established in 1959, the company has grown to become one of the largest shipbuilders globally, with significant operations across Europe and the United States. Fincantieri excels in constructing a diverse range of vessels, including cruise ships, naval ships, and offshore units, distinguished by their innovative design and advanced technology. With a strong commitment to sustainability and efficiency, Fincantieri has achieved numerous milestones, including the delivery of over 7,000 vessels. The company is renowned for its expertise in custom shipbuilding, positioning itself as a market leader in both the commercial and military sectors. Fincantieri's dedication to quality and innovation has earned it a prominent reputation, making it a trusted partner in the maritime industry.
DitchCarbon Score
How does Fincantieri'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 Business Services 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
Fincantieri's score of 77 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fincantieri's reported carbon emissions
In 2024, Fincantieri reported total carbon emissions of approximately 16,865,976,000 kg CO2e, with Scope 1 emissions at about 126,453,000 kg CO2e, Scope 2 emissions (market-based) at approximately 19,012,000 kg CO2e, and a significant Scope 3 total of about 16,720,510,000 kg CO2e. This represents a decrease from 2023, where total emissions were about 22,520,895,000 kg CO2e, with Scope 1 at approximately 118,984,000 kg CO2e, Scope 2 (market-based) at about 25,975,000 kg CO2e, and Scope 3 at around 22,375,935,000 kg CO2e. Fincantieri has set ambitious climate commitments, including a target to achieve zero emissions in ports by 2030, which falls under their Scope 3 emissions. Additionally, they aim for a 20% reduction in Scope 1 and 2 GHG emissions by 2030, compared to 2021 levels. In 2020, they successfully reduced their total GHG emissions from 834,632,000 kg CO2e in 2019 to 594,441,000 kg CO2e, marking a 29% reduction. The company has disclosed emissions across all three scopes, demonstrating transparency in their climate impact. Their ongoing initiatives reflect a commitment to sustainability and reducing their carbon footprint in line with industry standards.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 90,088,000 | 00,000,000 | 00,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 143,510,000 | 000,000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Fincantieri's Industry?
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Fincantieri's Scope 3 Categories Breakdown
Fincantieri's Scope 3 emissions, which decreased by 25% last year and increased significantly since 2018, 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 92% of Scope 3 emissions.
Top Scope 3 Categories
Fincantieri'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.
Fincantieri 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.
