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Our Climate Action Plan

Climate Action Plan
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24 Mar 2022
READING TIME: 1 minute
Today we published our Climate Action Plan (CAP), which outlines our commitment to combating climate change through short-, medium- and long-term greenhouse gas emission reduction targets and the main actions we will put in place to achieve them, enabling the transition to low-emission mobility.

During our 2022 AGM, the Plan was approved by an advisory shareholders’ vote («Say on Climate») with >98% votes For, becoming the first Italian company to undertake this decision of maximum transparency and responsibility towards the market.

The document - prepared according to the guidelines of the TCFD (Task Force on Climate-Related Financial Disclosures) - presents how the issue of climate change fits into the broader context of governance, managing risks from rising temperatures, and identifying opportunities from the transition to a low-carbon economy.

The identified objectives are:

  1. Reduce direct emissions (scope 1 & 2) to Net Zero by 2040, 10 years earlier than required by the Paris Agreement
  2. Move to 100% renewable electricity consumption by 2040
  3. Reduce the intensity of indirect emissions (scope 3) from airport accessibility and road maintenance purchases by 22% by 2030, accounting for more than 80% of indirect emissions we can act on

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