Renewable energy sources
The Interpump Group is working to increase the use of electric energy from renewable sources.
- Self-generation of energy from renewable sources
In Autumn 2024, the Group signed a Corporate Power Purchase Agreement for the supply over ten years of energy generated 100% from renewable sources. This agreement represents a major step towards achievement of the objectives to reduce carbon intensity by 30% and increase the use of renewable energy sources to 25% of the Group’s total requirement by 2025.
The Group has also strengthened its commitment to decarbonisation reaching a total installed photovoltaic capacity of 15.4 MWp. These investments, in addition to ensuring a partial internalization and stabilization of energy costs, will contribute to achieving the emission targets set by the Group's decarbonization strategy.
- Energy supply from renewable sources
In 2024, certain Group companies purchased approximately 25 GWh of certified green electricity which, together with the 7.3 GWh of electricity self-consumed by photovoltaic systems, covered approximately 22% of the Group's electricity needs, contributing to the reduction of Scope 2 emissions.
Energy efficiency
Energy efficiency is a priority for the Group in terms of reducing its CO₂ emissions and boosting its industrial competitiveness. In 2024, energy intensity1 at a Group level was equal to 0,000105 MWh/EUR, up by 1,8% on the previous year due to a decrease in consumption that is less than proportional to the decline in revenues.
Energy consumption | UoM | 2023 | 2024 |
Energy consumption | MWh | 231,038 | 218,307 |
Consolidated revenues | M EUR | 2,240 | 2,078 |
Energy intensity | MWh/EUR | 0.000103 | 0.000105 |
1 Calculated as follows: total energy consumed (MWh) / Consolidated revenues (EUR), where total energy consumed means total energy consumption as per ESRS E1-5.
Atmospheric emissions
The Group’s atmospheric emissions of greenhouse gases (hereinafter, also GHG) were calculated in terms of emission types:
Scope 1 GHG emissions | UoM | 2023 | 2024 |
Gross Scope 1 GHG emissions | ton CO2eq | 17,017 | 16,639 |
Total Scope 12 emissions of Interpump Group are 16,639 tons of CO2eq, with a slight decrease of 2.2% compared to the previous year.
Scope 2 GHG emissions | UoM | 2023 | 2024 |
Gross Scope 2 GHG emissions | ton CO2eq | 57,547 | 53,199 |
Total Scope 23 (market based) emissions of Interpump Group are 53,199 tonnes of CO2eq, down 7.7% compared to the previous year due to the combined effect of the decline in electricity consumption caused by the drop in revenues and the increased share of electricity generated by the Group’s photovoltaic plants.
Scope 3 GHG emissions | UoM | 2023 | 2024 |
Gross Scope 3 GHG emissions | ton CO2eq | - | 2.660.276 |
Interpump Group has publicly reported Scope 34 emissions for the first time starting from the 2024 financial year.
2 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.
3 Scope 2 – Indirect energy emissions: these mainly relate to purchased electricity and only marginally to purchased thermal energy
4 Scope 3 - Indirect emissions along the value chain: these include all other emissions not included in Scope 1 and 2, generated by the organisation's upstream and downstream activities.