Climate Change
The Technogym Group, a world leader in the provision of fitness and wellness solutions, operates in a global context characterised by a growing attention to environmental and social sustainability. The company's mission is to promote healthy and active lifestyles through innovation and responsible design, thereby contributing to the wellbeing of people and communities. This approach is part of a framework that enhances the opportunities offered by green technologies and the circular economy. Although the Group has not yet formally adopted a transition plan, it has already launched concrete initiatives that represent the first steps towards a structured path for climate change mitigation. Within the Group's Strategic Plan, some elements that constitute a substantial core for the future formalisation of a transition plan, which Technogym aims to define by 2026, play a central role.
During 2024, Technogym undertook several significant initiatives to reduce its environmental impact and embark on a path towards sustainability. Among these, the calculation of Scope 3 emissions represents a crucial step for the management of climate impact along the entire value chain, including emissions from suppliers, logistics and the use of products by customers. This process will provide a solid basis for defining specific reduction strategies over the coming years.
| E1-6 Greenhouse gas emissions | u.m. | 202317 | 2024 |
|---|---|---|---|
| Gross Scope 1 GHG emissions | t. | 2,639.0 | 2,996.3 |
| Direct emissions - Buildings | t. | 2,113.5 | 2,367.8 |
| Natural gas | t. | 2,113.5 | 2,355.5 |
| Diesel |
t. |
— | 12.3 |
| Direct emissions - Fleet |
t. | 525.5 | 628.5 |
| Petrol |
t. | 7.0 |
4.0 |
| Diesel |
t. | 507.1 | 581.4 |
| Methane |
t. | 11.4 | 5.0 |
| Other18 | t. | — | 38.1 |
| Gross Scope 2 location-based GHG emissions19 | t. | 2,302.8 |
2,420.0 |
| Electricity - Non-renewable sources |
t. | 1,998.3 |
2,408.0 |
| Heating |
t. | 9.1 |
12.0 |
| Cooling |
t. | 295.5 | — |
| Gross market-based Scope 2 GHG emissions20 | t. | 2,186.8 | 594.0 |
| Electricity - Non-renewable sources |
t. | 1,730.7 |
581.6 |
| Heating |
t. | 26.4 |
12.4 |
| Cooling |
t. |
429.7 |
— |
| Significant Scope 3 GHG emissions |
t. |
— | 431,628.5 |
| Total gross indirect GHG emissions (Scope 3) |
t. |
— | 431,628.5 |
| 1A. Raw materials and components purchased |
t. |
— | 179,787.2 |
| 1B. General services and supplies purchased |
t. | — | 38,793.3 |
| 2. Business assets |
t. | — | 3,641.4 |
| 3. Activities relating to fuels and energy (not included in Scope 1 or 2) |
t. | — | 643.4 |
| 4. Transport and distribution |
t. | — | 12,348.2 |
| 5. Waste generated in operations | t. | — | 100.6 |
| 6. Business trips |
t. | — | 6,907.2 |
| 7. Movements of employees |
t. | — | 3,161.2 |
| 8. Upstream leased assets |
t. | — | 288.4 |
| 9. Transport and distribution |
t. | — | 3,947.0 |
| 11. Use of products sold |
t. | — | 178,642.9 |
| 12. End-of-life treatment of products sold |
t. | — | 1,808.1 |
| 15. Investments |
t. | — | 1,559.6 |
| Total GHG emissions |
t. | 4,825.8 | 435,218.8 |
| Total GHG emissions (location-based) | t. | 4,941.8 | 437,044.8 |
| Total GHG emissions (market-based) | t. | 4,825.8 | 435,218.8 |
17. It should be noted that the 2023 data relate exclusively to the production companies of the Technogym S.p.A. and E.E. Group. Furthermore, the emissions for the year 2023 have been restated with respect to what was previously reported in the 2023 Non-Financial Statement. This revision, which became necessary following the identification of an anomaly in the initial data, ensured a more accurate representation of the actual emissions of the reference year.
18. "Other" refers to the consumption of the corporate fleet of the Group's subsidiaries.
19. Source of 2023 emission factors: AIB, ISPRA 2023.
20. Source of 2023 emission factors: AIB 2023.
For more information on Technogym's approach to climate change, see our Annual Report