Emissions

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Greenhouse gas emissions​


The CO2eq emissions generated by Brembo’s production activities in 2020 amounted to slightly more than 1,243,900 tonnes (scope 1+2+3). 

In 2015, which is considered the benchmark year for the monitoring of emissions improvements, emissions amounted to about 440,000 tonnes of CO2eq (Scope 1+2). In a like-for-like comparison with 2015, over the last year a total of about 244,000 tonnes of CO2eq were produced, marking a reduction of almost 45%. This result was achieved thanks to energy efficiency-boosting projects totalling 9,889 tonnes of CO2eq and to the implementation of renewable energy solutions equal to 214,000 tonnes of CO2eq. 

Like every year, the emissions inventory and calculation methodology underwent assurance certification by a third-party body in accordance with the ISO14064 standard. ​


 

 


​Supply Chain Engagement


A panel of 55 suppliers involved, representing more than 47% of total spending and 54% of sales by direct suppliers. 

Collections of water and energy data that can be used to establish the CO2 impact of the pieces produced for Brembo. The information collected made it possible to extend the boundaries of Brembo’s emissions balance, incorporating Scope 3 relating to the provision of materials and services. The initiative allowed to raise awareness among the supply chain of its carbon footprint, in view of constantly improving the approach to managing environmental issues throughout the entire value chain. To support this, Brembo provided each of the suppliers involved with a brief summary of the results, offering ideas and suggestions for making improvements. ​


 

Brembo implemented a strategy structured into a series of actions aimed at achieving the medium- and long-term objectives to cut its greenhouse gas emissions and combat climate change, formulated in accordance with the commitments made by the United Nations during the COP21 in Paris. In detail, the Group set a sustainability goal defined as a percentage of emissions avoided due to improvements, including efficient use of any form of energy and the use of energy from renewable sources, compared with the previous year’s emission levels. Brembo’s commitment to the reduction of CO2 has been transformed into an internal reduction objective calculated using the following formula: ​



 

In 2020, these improvements led to an approximately 14.8% reduction in CO2 emissions compared to the previous year. 


Compared to the 2019 reporting, in 2020 the Group maintained its medium- and long-term objectives, relating to all factories recently, with a commitment to a year-on-year reduction of Scope 1+2 of 2.5%, inspired by the new SBTi (Science-Based Targets initiative) criteria for keeping the global temperature increase well below 2°C. The reduction achieved in 2020 due to the improvement actions was -24.2% on the previous year, a value that exceeds the minimum annual reduction required to keep the global average temperature increase to less than 1.5°C. This result was achieved thanks to the energy efficiency projects implemented, the increased share of renewable energy used, as well as due to the shutdowns caused by the pandemic. ​


 

​Future goals​

 

 

​Ambition: Carbon Neutrality​ 


Over the course of the last decade, Brembo has tackled mounting challenges in the battle against climate change. 

Thanks to the system developed for measuring, accounting for and managing climate-altering emissions, the Group has achieved tangible results in terms of cutting its emissions, which now make it possible to embark upon the journey that will identify suitable strategies for complete decarbonisation, enabling Brembo to achieve its ambitious goal of becoming “carbon neutral” by 2040. 

The 2020 performance in terms of reducing climate-altering emissions, which went well beyond the set objective, clearly demonstrates the Group’s commitment to tackling this new challenge. ​


 


 
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Brembo S.p.A. | P.IVA 00222620163

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