NETS Sustainability Profile

In 2022, NETS reported total carbon emissions of approximately 5,392,000 kg CO2e. This figure includes 1,261,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 150,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 3,981,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions that occur in the value chain. Comparatively, NETS's emissions in 2020 were about 6,090,700 kg CO2e, with Scope 1 emissions at 1,666,300 kg CO2e, Scope 2 at 3,660,500 kg CO2e, and Scope 3 at 765,600 kg CO2e. In 2019, the total emissions were approximately 7,840,200 kg CO2e, with Scope 1 at 1,411,400 kg CO2e, Scope 2 at 4,720,300 kg CO2e, and Scope 3 at 2,272,300 kg CO2e. This indicates a significant reduction in emissions over the years. NETS is committed to ambitious climate targets, aiming for zero emissions by 2040. They plan to reduce their absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2021 as the baseline year. These targets are part of a broader commitment to decarbonisation, which is cascaded from their parent company, Nexi S.p.A., reflecting a corporate family relationship. Overall, NETS's emissions data and climate commitments demonstrate a proactive approach to reducing their carbon footprint and contributing to global climate goals.