Greenhouse gas emissions
We believe that the correct and systematic quantification and reporting of greenhouse gas (GHG) emissions is important for verifying the results of initiatives to reduce them, in order to contribute to reducing global pollution.
To this end, we have implemented a monitoring system at all our sites and set up periodic checks.
Based on the results, we assess the effectiveness of our actions and identify new ways to ensure that our facilities are increasingly efficient.
We produce an annual Inventory of Greenhouse Gas Emissions of the Generali Group, with reference to the Environmental Management System, which quantifies, analyses and reports on GHG emissions in a clear, detailed and transparent way.
In 2017, the GHG accounting methodology has been updated to reflect current best practice following the publication of the Market-Based method by WRI's GHG Protocol. This method allows companies to account for indirect emissions from electricity consumption with appropriate emission factors collected from suppliers. With a view to ensure consistency and trasparency over time, we will report our GHG emissions calculated using both methods: the Location-Based approach (i.e. the method used so far) and the new Market-Based approach.
Target 2020
The group has set the goal of cutting emissions 20% by 2020 (base year 2013)
Performance in 2017
112,782 t
CO2e
total GHG emissions Location-Based approach (-5.1% compared to 2013)
75,220 t
CO2e
total GHG emissions Market-Based approach
Breakdown of GHG emissions
| Location-Based | Market-Based | |
| Energy | 65% | 48% |
| Electrical energy | 47% | 21% |
| Trigeneration | 8% | 13% |
| Natural gas (methane) | 5% | 7% |
| District heating/cooling | 4% | 6% |
| Diesel oil | 1% | 1% |
| Mobility | 27% | 40% |
| Road travel (no fleet) | 14% | 22% |
| Car, motorbike, etc travel (own fleet, no private use) | 8% | 12% |
| Business flights | 4% | 5% |
| Rail travel | 1% | 1% |
| Other | 8% | 12% |
| Paper | 6% | 9% |
| Waste | 1% | 2% |
| Water | 1% | 1% |
Breakdown of GHG emissions by Scope
| Source | GHG Emissions (t CO2e) |
||
| 2013 (base year) | 2017 Location-Based |
2017 Market-Based |
|
| Scope 1- Direct emissions, produced by heating systems and using the fleet of company vehicles | 18,402 | 24,408 | 24,408 |
| Scope 2- Indirect emissions from energy consumption, associated with the use of electricity and district heating | 59,070 | 50,820 | 13,258 |
| Scope 3- Indirect emissions not from energy consumption, connected to employee business travel, consumption of paper and water, and waste disposal. | 47,184 |
37,553 |
37,553 |
| Total | 124,656 | 112,782 | 75,220 |