Ansaldo STS sees climate change as an opportunity. As part of this approach, it analyses the potential impact of its strategic decisions regarding greenhouse gas emissions in the short, medium and long-term, aiming to find opportunities to develop the business and improve efficiency in all aspects of its operation.
Actions to reduce greenhouse gas emissions are part of the environmental management system that Ansaldo STS has established at a global level, defining a carbon management strategy based on the following principles:
- global approach: the development of mechanisms to increase commitment in all offices and production sites;
- reasonable and feasible long-term objectives: the establishment of a clear and realistic vision of the steps to be taken;
- support for the development of technologies: the development of advanced technological solutions.
This strategy focuses mainly on three spheres of influence:
- in-house activities and direct emissions (Scope 1 emissions);
- energy suppliers and their indirect operating emissions related to the Company’s activities (Scope 2 emissions);
- Ansaldo STS’s supply chain and the emissions resulting from personnel transfers and the production and delivery of goods and services (Scope 3 emissions).
CARBON MANAGEMENT SYSTEM
In 2011 Ansaldo STS adopted a Carbon Management System (CMS) which enables the planning, implementation and measurement of targets for the reduction of greenhouse gas emissions.
An efficient carbon management policy enables the Company to decrease consumption and reduce energy costs, thereby improving its bottom line and offering the possibility of investing the savings.
The CMS has been developed in line with the relevant international standards. This system enables the Company to perform:
- analyses of actual emissions produced;
- monitoring and reporting activities on emissions;
- comparisons between historical data and forward-looking analyses;
- an assessment of the impact of products, in terms of emissions over their entire life cycle;
- economic/environmental analyses in relation to current regulations on emission reduction to determine assets’ potential value-at-risk;
- the measurement of the effectiveness of emission reduction projects;
- communication on Ansaldo STS’s emission reduction performance to stakeholders, the media, investors, rating agencies and other organisations.
Within its organisation, Ansaldo STS has appointed a Carbon Manager, an Energy Manager responsible for providing guidance and carrying out activities and projects with respect to energy savings at all of the Company's operating sites.
Carbon Disclosure Project (CDP)
The adhesion to the CDP Climate Change questionnaire for the seventh consecutive year confirms that climate change represents one of the issues relevant to Ansaldo STS. The consolidation of the Carbon Management strategy involves the definition of an overall emission reduction target. The CDP Italy 100 Climate Change Report 2017, issued by First Carbon Solutions, analyzes in detail the responses of the largest Italian companies, by market capitalization listed on the Italian Stock Exchange, evaluating them on the basis of the following scale:
F: Failure to provide sufficient information to CDP to be evaluated for this purpose.
In 2017, Ansaldo STS achieved a score of C on an A scale in the Industrial sector, corresponding to the Awareness evaluation, that states the following "considers the extent to which the company has assessed environmental issues, risks and impacts in relation to its business".
Direct and indirect greenhouse gas emissions
Between 2016 and 2017, total direct and indirect emissions of greenhouse gases decreased from 11,082 tCO2e to 10,599 tCO2e, with a reduction of 483 tCO2e (-4.4%). This is due in particular to a reduction in the consumption of methane for the production of heat and a reduction of indirect emissions relating to electricity consumption.
|Emissions due to energy production (methane and diesel)||tCO2e||1,420||1,249|
|Emissions due to transport (cars, lorries and forklifts)||tCO2e||578||598|
|Total Scope 1 (direct emissions)||tCO2e||1,998||1,846|
|Emissions due to electricity consumption||tCO2||9,084||8,753|
|Total Scope 2 (direct emissions)||tCO2||9,084||8,753|
|Total direct and indirect emissions (Scope 1+2)||tCO2e||11,082||10,599|
|GHG emission intensity (Scope 1)||tCO2e/EUR mln of revenue||1.51||1.36|
|GHG emission intensity (Scope 2)||tCO2/EUR mln of revenue||6.84||6.43|
|Total GHG emission intensity (Scope 1+2)||tCO2e/EUR mln of revenue||8.35||7.79|
The Scope 2 emissions reported in the table refer to the location-based approach. According to the market-based approach, the Group's Scope 2 emissions amounted to 6,693 tCO2e in 2016 and 5,486 tCO2e in 2017, considering the certified electricity supply from renewable sources in Sweden and Italy.
The Total GHG emission intensity, which measures tonnes of CO2e per EUR million of revenue, has fallen (-6.7%). This result is the effect of the reduction of emissions in absolute value and of the increase in revenue (+2.5%).