CavArt S.r.l.'s Climate Report

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Introduction *

Commitment and Targets *

Own Emissions *

Value Chain Emissions *

(optional)

Climate Solutions *

(optional)

Management, Strategy and Climate Risk *

(optional)

Results, Challenges and Outlook *

Version 1.1.0

Introduction *

1.1 Reporting year

*

2024

1.1.1 Reporting period

*

from 1.2024 to 12.2024

1.2 Describe your business activities

*
CavArt S.p.A., a company legally established in Italy and headquartered at Via G. Pascoli, 10/A, 24020 Gorle BG, specializes in plant engineering design. CavArt addresses a comprehensive range of industrial processes employing an engineering-centric approach and leveraging cutting-edge design technologies. The company\\\'s scope encompasses both the revamping of existing plants and the conceptualization of greenfield installations. For the execution of engineering services, CavArt utilizes advanced technologies, including: - Laser scan surveying - Building Information Modeling (BIM) - Machinery design through parametric 3D modeling - Structural analysis - CavArt\\\'s operational domains include: - Glass recycling and processing plants - Batch houses for glass manufacturing facilities - Granulation and processing plants for NPK, SSP, and TSP fertilizers Revamping of existing industrial plants - Bulk material handling - Rotating machinery: granulators, dryers, and coolers - Dust extraction and filtration systems - Steel and reinforced concrete structures

1.4 Number of employees in the reporting year

*
28

1.4.1 Full-time equivalent (FTE) or headcounts

*
Headcounts

1.5 Let us know if your company is a parent company or subsidiary

*
Not applicable

Commitment and Targets *

2.1 Net zero target year

*
2045

2.1.1 Base year

*
2024

2.2 Near-term target

*

25% of absolute scope 1+2 emission reduction from my base year by 2030

25 of absolute scope 1+2 emission reduction from my base year by 2035

25 of absolute scope 1+2 emission reduction from my base year by 2040

25 of absolute scope 1+2 emission reduction from my base year by 2045

2.3 Provide any additional comments or context on your net zero and near term targets.

*
Scope 1 Emission Reduction: A 25% reduction in emissions every 5 years during the period 2025-2040 will be achieved by replacing diesel-powered equipment and vehicles with electric vehicles. This is an effective choice, but it requires careful planning for the installation of charging infrastructure and fleet management. The remaining emissions will be neutralized by utilizing carbon credits for offsetting by 2045. Scope 2 Emission Reduction: A substantial portion of the GHG reduction will result from the enhancement of the photovoltaic system through the installation of new panels by 2035. This will allow for covering more than half of the energy需求. Finally, to eliminate indirect emissions associated with electricity consumption, CavArt will procure 100% certified renewable energy by 2040. The remaining emissions will be neutralized by utilizing carbon credits for offsetting by 2045. Technological Improvements: CavArt will continue to implement advanced technologies for treatment and recovery. These innovations will aid in achieving sustainability goals.

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*
Yes

Energy consumption

3.2 Total energy consumption

*
114100 kwh

3.3 Renewable energy

*
11630 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
30.59 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
20.97 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*
CavArt\\\'s climate strategy focuses on the reduction of Scope 1 and 2 emissions through the following actions: Scope 1 Emission Reduction: A 25% reduction in emissions every 5 years during the period 2025-2040 will be achieved by replacing diesel-powered equipment and vehicles with electric vehicles. This is an effective choice, but it requires careful planning for the installation of charging infrastructure and fleet management. The remaining emissions will be neutralized by utilizing carbon credits for offsetting by 2045. Scope 2 Emission Reduction: A substantial portion of the GHG reduction will result from the enhancement of the photovoltaic system through the installation of new panels by 2035. This will allow for covering more than half of the energy需求. Finally, to eliminate indirect emissions associated with electricity consumption, CavArt will procure 100% certified renewable energy by 2040. The remaining emissions will be neutralized by utilizing carbon credits for offsetting by 2045. Technological Improvements: CavArt will continue to implement advanced technologies for treatment and recovery. These innovations will aid in achieving sustainability goals.

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*
In 2024, CavArt calculated its direct emissions (Scope 1), linked to sources directly within the company such as diesel fuel used for machinery and in the organization\\\'s vehicles, and its indirect emissions (Scope 2) resulting from the procurement of imported electricity. Emissions from the value chain, attributable indirectly to the organization (Scope 3), were not calculated. The emissions calculation study was conducted according to the Greenhouse Gas Protocol (GHG) methodology, through the use of the Equipoise tool in partnership with SME Climate Hub.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
No

Supply chain related - upstream emissions

Customer related - downstream emissions

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

4.3 Have you communicated your commitment and actions to any of your customers?

*
No

Climate Solutions (optional) *

5.1 Do you classify any of your existing goods and/or services as a climate solution?

*
No

Management, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.

*

Other (please specify)

6.1 Explain

*
The climate strategy is discussed and approved by the sole director. The company has a Sustainability Manager who presents the climate change adaptation and mitigation activities that must be approved by the sole director

6.2 Have you started to identify and assess your companies climate risks and opportunities?

*
Yes - we have identified climate risks

6.2.1 Where are the climate risks you've identified?

*
Own operations

6.2.2 How are you managing these climate risks? Choose as many as are applicable.

*

We\'ve Identified plans for adaptation to mitigate these risks

6.2.3 Provide any additional comments or context on your climate risks:

*
Through the CRAM Tool self-assessment, CavArt has identified the primary climate-related risks associated with extreme weather and climate events, as well as potential solutions to implement within the company to prevent damage. CavArt monitors these risks to enhance its resilience to climate change, particularly concerning 7 climate hazards (flooding, rainfall, wind, hail, lightning, temperatures, landslides). PHYSICAL RISKS RELATED TO CLIMATE Increase in Temperatures Description: More frequent and intense heatwaves could affect employee productivity, especially during external installations and plant maintenance. Impact: Potential reduction in operational efficiency, increased costs for cooling work environments. Risk Level: Medium Time Horizon: Short/Medium term Likelihood: Likely Extreme Weather Events (floods, storms, hailstorms) Description: Damage to infrastructure, equipment, and stored materials, supply chain disruptions. Impact: Project delays, increased repair costs, potential financial losses. Risk Level: Medium/High Time Horizon: Short/Medium term Likelihood: Moderately likely/Likely Changes in Precipitation Description: Prolonged periods of drought or intense rainfall could affect the availability of water resources and the stability of the land where plants are installed. Impact: Operational difficulties, increased costs for water resource management, potential structural stability issues. Risk Level: Medium Time Horizon: Medium/Long term Likelihood: Moderately likely TRANSITION RISKS Policies and Laws Description: Stricter regulations on greenhouse gas emissions and energy efficiency could require investments in more sustainable technologies. Impact: Increased operating costs, need to adapt production processes. Risk Level: Medium Time Horizon: Short/Medium term Likelihood: Likely Technology Description: The transition to low-emission technologies may require the adoption of new machinery and production processes. Impact: Investments in research and development, potential changes in the business model. Risk Level: Medium Time Horizon: Medium term Likelihood: Moderately likely Market Description: Variations in the cost of raw materials and increased demand for sustainable solutions could affect CavArt\\\'s competitiveness. Impact: Price fluctuations, need for diversification of offerings. Risk Level: Medium Time Horizon: Short/Medium term Likelihood: Likely Reputation Description: Increased stakeholder focus on sustainability could influence the perception of CavArt. Impact: Risk of losing customers, difficulty in attracting talent, potential damage to corporate image. Risk Level: Medium Time Horizon: Short/Medium term Likelihood: Likely GROSS CLIMATE-RELATED RISKS Business Interruption Description: Extreme weather events or supply chain disruptions could cause project delays and financial losses. Risk Level: High Time Horizon: Short/Medium term Likelihood: Moderately likely/Likely Increased Costs Description: Investments in sustainable technologies, adaptation to regulations, and repair of damage caused by climate events could increase operating costs. Risk Level: Medium/High Time Horizon: Short/Medium term Likelihood: Likely Loss of Competitiveness Description: Failure to adopt sustainable practices could compromise CavArt\\\'s ability to compete in the market. Risk Level: Medium Time Horizon: Medium/Long term Likelihood: Moderately likely

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.

*

No

-

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

No

-

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*
No one.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 1 emissions,Reducing scope 2 emissions,Electrifying the vehicle fleet and/or cutting transport emissions,Complexities in managing supply chain emissions,Insufficient policies or government incentives,Limited influence over suppliers

7.3 Has there been any third party validation of the data submitted in this report?

*

No

-

CavArt S.r.l.'s Climate Report

CavArt S.r.l.'s Climate Report - 2024

Introduction *

1.1 Reporting year

*

2024

1.1.1 Reporting period

*

from 1.2024 to 12.2024

1.2 Describe your business activities

*
CavArt S.p.A., a company legally established in Italy and headquartered at Via G. Pascoli, 10/A, 24020 Gorle BG, specializes in plant engineering design. CavArt addresses a comprehensive range of industrial processes employing an engineering-centric approach and leveraging cutting-edge design technologies. The company\\\'s scope encompasses both the revamping of existing plants and the conceptualization of greenfield installations. For the execution of engineering services, CavArt utilizes advanced technologies, including: - Laser scan surveying - Building Information Modeling (BIM) - Machinery design through parametric 3D modeling - Structural analysis - CavArt\\\'s operational domains include: - Glass recycling and processing plants - Batch houses for glass manufacturing facilities - Granulation and processing plants for NPK, SSP, and TSP fertilizers Revamping of existing industrial plants - Bulk material handling - Rotating machinery: granulators, dryers, and coolers - Dust extraction and filtration systems - Steel and reinforced concrete structures

1.4 Number of employees in the reporting year

*
28

1.4.1 Full-time equivalent (FTE) or headcounts

*
Headcounts

1.5 Let us know if your company is a parent company or subsidiary

*
Not applicable

Commitment and Targets *

2.1 Net zero target year

*
2045

2.1.1 Base year

*
2024

2.2 Near-term target

*

25% of absolute scope 1+2 emission reduction from my base year by 2030

25 of absolute scope 1+2 emission reduction from my base year by 2035

25 of absolute scope 1+2 emission reduction from my base year by 2040

25 of absolute scope 1+2 emission reduction from my base year by 2045

2.3 Provide any additional comments or context on your net zero and near term targets.

*
Scope 1 Emission Reduction: A 25% reduction in emissions every 5 years during the period 2025-2040 will be achieved by replacing diesel-powered equipment and vehicles with electric vehicles. This is an effective choice, but it requires careful planning for the installation of charging infrastructure and fleet management. The remaining emissions will be neutralized by utilizing carbon credits for offsetting by 2045. Scope 2 Emission Reduction: A substantial portion of the GHG reduction will result from the enhancement of the photovoltaic system through the installation of new panels by 2035. This will allow for covering more than half of the energy需求. Finally, to eliminate indirect emissions associated with electricity consumption, CavArt will procure 100% certified renewable energy by 2040. The remaining emissions will be neutralized by utilizing carbon credits for offsetting by 2045. Technological Improvements: CavArt will continue to implement advanced technologies for treatment and recovery. These innovations will aid in achieving sustainability goals.

Own Emissions *

3.1 To reduce emissions in line with my commitment, my company has a plan and is taking action

*
Yes

Energy consumption

3.2 Total energy consumption

*
114100 kwh

3.3 Renewable energy

*
11630 kwh

Scope 1 emissions

3.4 Scope 1 emissions

*
30.59 metric tons CO2e

Scope 2 emissions

3.5 Location based scope 2 emissions

*
20.97 metric tons CO2e

3.7 Describe your plans and actions taken to reduce scope 1 & 2 emissions.

*
CavArt\\\'s climate strategy focuses on the reduction of Scope 1 and 2 emissions through the following actions: Scope 1 Emission Reduction: A 25% reduction in emissions every 5 years during the period 2025-2040 will be achieved by replacing diesel-powered equipment and vehicles with electric vehicles. This is an effective choice, but it requires careful planning for the installation of charging infrastructure and fleet management. The remaining emissions will be neutralized by utilizing carbon credits for offsetting by 2045. Scope 2 Emission Reduction: A substantial portion of the GHG reduction will result from the enhancement of the photovoltaic system through the installation of new panels by 2035. This will allow for covering more than half of the energy需求. Finally, to eliminate indirect emissions associated with electricity consumption, CavArt will procure 100% certified renewable energy by 2040. The remaining emissions will be neutralized by utilizing carbon credits for offsetting by 2045. Technological Improvements: CavArt will continue to implement advanced technologies for treatment and recovery. These innovations will aid in achieving sustainability goals.

3.8 Describe the calculation methodology and comment on the data accuracy, including any tools/methods used to calculate.

*
In 2024, CavArt calculated its direct emissions (Scope 1), linked to sources directly within the company such as diesel fuel used for machinery and in the organization\\\'s vehicles, and its indirect emissions (Scope 2) resulting from the procurement of imported electricity. Emissions from the value chain, attributable indirectly to the organization (Scope 3), were not calculated. The emissions calculation study was conducted according to the Greenhouse Gas Protocol (GHG) methodology, through the use of the Equipoise tool in partnership with SME Climate Hub.

Value Chain Emissions (optional) *

Scope 3 emissions

4.1 Have you measured any of your scope 3 emissions?

*
No

Supply chain related - upstream emissions

Customer related - downstream emissions

4.2 Have you asked any of your suppliers to set a net zero target (either voluntarily or as a requirement)?

*
No

4.3 Have you communicated your commitment and actions to any of your customers?

*
No

Climate Solutions (optional) *

5.1 Do you classify any of your existing goods and/or services as a climate solution?

*
No

Management, Strategy and Climate Risk (optional) *

6.1 What governance processes do you have in place for your climate strategy? Choose as many as are applicable.

*

Other (please specify)

6.1 Explain

*
The climate strategy is discussed and approved by the sole director. The company has a Sustainability Manager who presents the climate change adaptation and mitigation activities that must be approved by the sole director

6.2 Have you started to identify and assess your companies climate risks and opportunities?

*
Yes - we have identified climate risks

6.2.1 Where are the climate risks you've identified?

*
Own operations

6.2.2 How are you managing these climate risks? Choose as many as are applicable.

*

We\'ve Identified plans for adaptation to mitigate these risks

6.2.3 Provide any additional comments or context on your climate risks:

*
Through the CRAM Tool self-assessment, CavArt has identified the primary climate-related risks associated with extreme weather and climate events, as well as potential solutions to implement within the company to prevent damage. CavArt monitors these risks to enhance its resilience to climate change, particularly concerning 7 climate hazards (flooding, rainfall, wind, hail, lightning, temperatures, landslides). PHYSICAL RISKS RELATED TO CLIMATE Increase in Temperatures Description: More frequent and intense heatwaves could affect employee productivity, especially during external installations and plant maintenance. Impact: Potential reduction in operational efficiency, increased costs for cooling work environments. Risk Level: Medium Time Horizon: Short/Medium term Likelihood: Likely Extreme Weather Events (floods, storms, hailstorms) Description: Damage to infrastructure, equipment, and stored materials, supply chain disruptions. Impact: Project delays, increased repair costs, potential financial losses. Risk Level: Medium/High Time Horizon: Short/Medium term Likelihood: Moderately likely/Likely Changes in Precipitation Description: Prolonged periods of drought or intense rainfall could affect the availability of water resources and the stability of the land where plants are installed. Impact: Operational difficulties, increased costs for water resource management, potential structural stability issues. Risk Level: Medium Time Horizon: Medium/Long term Likelihood: Moderately likely TRANSITION RISKS Policies and Laws Description: Stricter regulations on greenhouse gas emissions and energy efficiency could require investments in more sustainable technologies. Impact: Increased operating costs, need to adapt production processes. Risk Level: Medium Time Horizon: Short/Medium term Likelihood: Likely Technology Description: The transition to low-emission technologies may require the adoption of new machinery and production processes. Impact: Investments in research and development, potential changes in the business model. Risk Level: Medium Time Horizon: Medium term Likelihood: Moderately likely Market Description: Variations in the cost of raw materials and increased demand for sustainable solutions could affect CavArt\\\'s competitiveness. Impact: Price fluctuations, need for diversification of offerings. Risk Level: Medium Time Horizon: Short/Medium term Likelihood: Likely Reputation Description: Increased stakeholder focus on sustainability could influence the perception of CavArt. Impact: Risk of losing customers, difficulty in attracting talent, potential damage to corporate image. Risk Level: Medium Time Horizon: Short/Medium term Likelihood: Likely GROSS CLIMATE-RELATED RISKS Business Interruption Description: Extreme weather events or supply chain disruptions could cause project delays and financial losses. Risk Level: High Time Horizon: Short/Medium term Likelihood: Moderately likely/Likely Increased Costs Description: Investments in sustainable technologies, adaptation to regulations, and repair of damage caused by climate events could increase operating costs. Risk Level: Medium/High Time Horizon: Short/Medium term Likelihood: Likely Loss of Competitiveness Description: Failure to adopt sustainable practices could compromise CavArt\\\'s ability to compete in the market. Risk Level: Medium Time Horizon: Medium/Long term Likelihood: Moderately likely

6.3 Have you integrated climate and/or nature into your company mission statement or shareholder agreements? If yes, describe how.

*

No

-

6.4 Have you taken actions this year outside of your emissions to accelerate climate progress?

*

No

-

Results, Challenges and Outlook *

7.1 Provide any additional comments or context on your annual results and progress from previous years.

*
No one.

7.2 Do you face any key challenges in reducing emissions?

*

Reducing scope 1 emissions,Reducing scope 2 emissions,Electrifying the vehicle fleet and/or cutting transport emissions,Complexities in managing supply chain emissions,Insufficient policies or government incentives,Limited influence over suppliers

7.3 Has there been any third party validation of the data submitted in this report?

*

No

-
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