Scope 1 & 2 Reduction Targets: Direct Emissions
For our direct emissions, we are committed in achieving net-zero by 2040, 10 years earlier than the objectives of the Paris Agreement.
To reduce our scope 1 & 2, we focus on key emission targets, in line with the recommendations of SBTi (Science Based Target initiative) under the 1.5°C scenario.
Scope 1 and 2 absolute emissions market-based (tCO2e)
-50% by 2030 absolute reduction of direct emissions vs 2019 baseline (tCO2e) - target SBTi validated
Electricity consumption from renewable sources (%)
90% by 2030 electricity consumption from renewable sources, reaching 100% by 2040 at the latest
Scope 1 and 2 absolute emissions (tCO2e)
Data Points by Year
- 2019 (Baseline): 260,783
- 2025 (Actual Performance): -43%
- 2027 (Future Target): -38%
- 2030 (Future Target): -50% (with Science Based Targets logo)
- 2040 (Future Target): Net Zero
Electricity consumption from renewable sources (%)
Data Points by Year
- 2019 (Baseline): 15%
- 2025 (Actual Performance): 85%
- 2030 (Future Target): 90%
- 2040 (Future Target): 100%
Scope 3 Reduction Targets: Upstream Emissions of the value chain
We are also committed to reduce indirect emissions along the value chain with the long-term ambition of achieving net-zero by 2050. We are eager to play an active role in teaming up with our stakeholders to engage in joint efforts to decarbonize the transport industry.
To reduce our scope 3, we focus on key emission targets (covering >67% of indirect GHG emissions), in line with the recommendations of SBTi under the well-below 2°C scenario. In particular:
CO2e Emissions intensity from motorways' purchased goods and services (tCO2e/mln km travelled)
-22% by 2030 intensity reduction of emissions related to purchased materials associated with road infrastructure development, maintenance and operation vs 2019 baseline (tCO2e/mln km travelled) - target SBTi validated
CO2e Emissions intensity from motorways' purchased goods and services (tCO2e/mln km travelled)
Data Points by Year
- 2019 (Baseline): 9.8
- 2025 (Actual Performance): -20%
- 2030 (Future Target): -22% (with Science Based Targets logo)
Scope 3 Reduction Targets: Downstream Emissions of the value chain
Airline companies by LTO emissions
that have set SBTi targets
>60% by 2028 of LTO emissions generated by airlines operating at Mundys-managed airports covered by science-aligned decarbonization targets.
CO2e Emissions of companies in which Mundys
owns a minority stake (tCO2e)
-50% by 2030 absolute reduction of emissions of companies in which Mundys holds a minority stake vs 2019 baseline (tCO2e) – target SBTi validated
Airline companies by LTO emissions that have set SBTi targets
Data Points by Year
- 2019 (Baseline): 0%
- 2025 (Actual Performance): 46%
- 2028 (Future Target): >60% (with Science Based Targets logo)
CO2e Emissions of companies in which Mundys owns a minority stake (tCO2e)
Data Points by Year
- 2019 (Baseline): 11,438
- 2025 (Actual Performance): -34%
- 2030 (Future Target): -50% (with Science Based Targets logo)
Scope 3 Reduction Targets: Others
Scope 3 emissions of Fiumicino airport (excluding aircraft sources) (KgCO2e/passenger)
-30% by 2030 intensity reduction of indirect emissions (scope 3) of Fiumicino airport vs 2019 baseline (KgCO2e/passenger).
Scope 3 emissions of Fiumicino airport (excluding aircraft sources) (KgCO2e/passenger)
Data Points by Year
- 2019 (Baseline): 14.3
- 2025 (Actual Performance): -24%
- 2030 (Future Target): -30%