Environment

Environment

2020 GHG emissions
51.000+
TCO2e Scope 1
62.000+
TCO2e Scope 2*
*Market Based
57.000+
TCO2e Scope 2*
*Location Based

Science Based Targets

The ASTM Group confirms its commitment to be at the forefront of energy transition and fight against climate change by setting greenhouse gas emissions reduction targets on a scientific basis.

There are two significant targets set for 2030 approved by the Science Based Targets initiative (SBTi):

  • Reduce absolute GHG emissions from Scope 1 and Scope 2 by 25% by 2030 compared to 2020 base levels;
  • Reduce Scope 3 absolute GHG emissions from goods and services purchased from third parties by 13% by 2030 compared to 2020 base levels.

For more information, please read the press release.

The Science Based Targets initiative (SBTi)

SBTi, an independent international organization born from the collaboration between CDP (formerly Carbon Disclosure Project), the United Nations Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF), promotes best practices and verifies the alignment of companies’ decarbonization targets with the indications of the Paris Agreement.

Task Force on Climate-related Financial Disclosures

The Group has developed a climate strategy aligned with the Task Force on Climate-Related Financial Disclosures (TCFD) in order to strengthen the commitment relative to climate change and, in particular, help meet the objective of limiting the increase in the average global temperature to no more than 2°C with respect to pre-industrial levels, as defined in the Paris Agreement. The Sustainability Report reports information on risks and opportunities related to climate change with reference to four thematic areas representing the fundamental pillars of an organisation:

  • Governance
  • Strategy
  • Risk management
  • Metrics and targets

BIODIVERSITY POLICY 

In November 2020, the Biodiversity Policy was adopted with which ASTM and its subsidiaries are committed to the conservation and protection of biodiversity and ecosystem services.

“We are committed to being determined, aware and careful by continuing along our current path of sustainability, conscious of the common - but differentiated - responsibilities that we all have to safeguard the planet and the natural wealth that surrounds us.”

ENVIRONMENTAL MANIFESTO 

ASTM and FAI: safeguarding Italy's historical, artistic and natural heritage

The ASTM Group supports FAI – Fondo per l’Ambiente Italiano (The national Trust of Italy) as a member of “FAI’s 200″, a group of companies and patrons born in 1987 and driven by great ideals, sensitive to the values of culture, art and nature, which supports the Foundation.

The common aim is to offer concrete support to an extraordinary project: to effectively protect and enhance Italy’s unique landscape and cultural heritage, among the richest in the world.

The collaboration with FAI represents one of the activities carried out by the Group for sustainable development. For ASTM, the growth of a country is linked to its ability to improve itself, by enhancing its culture and preserving its natural and historical heritage. By supporting the FAI, which has always protected this heritage in Italy, the Group demonstrates its commitment to the environment and its featured beauties.

www.fondoambiente.it