Sustainable Initiatives

Renewable energy sources

The Interpump Group is working to increase the use of energies coming from renewable source. 

  • Self-generation of energy from renewable sources
    The increase in the self-generation capacity of photovoltaic energy is leading to significant progress, contributing to the reduction of CO2 emissions. In 2022, the installation of almost 1.000 kWp on the roofs of the plants operated by I.M.M. Hydraulics in Abruzzo and Puglia was completed, as well as the investment by Interpump Hydraulics in India for an overall capacity of 600 kWp. In the future additional installations of photovoltaic panels are expected, always utilising factories roofs to avoid land consumption.
  • Energy supply from renewable sources 
    In 2022, certain Group companies purchased close to 4.0 GWh of electricity from certified renewable sources, contributing to the reduction of Scope 2 emissions (equal to around 2% of the Group’s electricity requirement and equivalent to around 1,200 tonnes of CO₂).

 

Energy efficiency

Energy efficiency is a priority for the Group in terms of reducing its CO₂ emissions and boosting its industrial competitiveness. 
In 2022, energy intensity at a Group level was equal to 0.39 GJ/k€, down by 0.01 GJ/k€ with respect to the previous year following lower energy consumption compared to the growth in sales recorded in the reporting period.

 

Energy intensity

UoM

2020

2021

2022

Energy consumption

GJ

557,593

619,054

811,507

Consolidated revenues

k€

1,294,363

1,551,460

2,074,041

Energy intensity

GJ/k€

0.43

0.40

0.39

 

Atmospheric emissions

The Group’s atmospheric emissions of greenhouse gases (hereinafter, also GHG) were calculated in terms of emission types:
 

 

Direct GHG emissions

UoM

2020

2021

2022

Fuels

ton CO2eq

12,700

13,491

16,399

Refilling refrigerant gases

ton CO2eq

724

925

1,008

Totale emissione Scope 1

ton CO2eq

13.424

14.416

17.407

  • Scope 1 – Direct emissions: these correspond to GHG emissions deriving from the use of fuel and leakages of refrigerant gas from the air conditioning/refrigeration systems.

The higher emissions deriving from fuels compared to 2021 (up 21.6%) were mainly due to the inclusion of plants belonging to the White Group in the scope of reporting.

 

Direct GHG emissions

U.M.

2020

2021

2022

Indirect from electricity

ton CO2eq

44,842

47,740

72,857

Indirect from thermal energy

ton CO2eq

20

25

22

Total Scope 2 emissions

ton CO2eq

44,861

47,765

72,879

  • Scope 2 – Indirect energy emissions: these mainly relate to purchased electricity and only marginally to purchased thermal energy

The increase in CO₂ emissions with respect to the prior year was due to two factors: (i) firstly, the inclusion of plants belonging to the recently-acquired White Group in the scope of reporting, and (ii) subsequently, the increase in production following market recovery.