Iveco Group NV

Common Name
Iveco Group
Country
Italy
Sector
Industrials
Industry
Farm & Heavy Construction Machinery
Employees
36,000
Ticker
IVG
Exchange
EURONEXT MILAN
Description
Iveco Group N.V. is a prominent manufacturer and supplier of commercial and specialty vehicles, assembling a comprehensive range of buses, trucks, firefighting, and defense vehicles globally. Its purp...

Iveco Group's GHG Emissions Data Preview

In 2023, Iveco Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Iveco Group has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Iveco Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Iveco Group amounted to 188,158 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Iveco Group decreased by 2.4%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Iveco Group's Scope 1 Emissions Over Time

2020202120222023020 k40 k60 k80 ktCO2e+17%-8%-2%
  • Total Scope 1
  • Year-over-Year Change

What are Iveco Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Iveco Group were 59,673 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Iveco Group reduced its Scope 1 emissions over time?

Since 2020, Iveco Group's Scope 1 emissions have increased by 5.85%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Iveco Group's Scope 1 emissions decreased by 1.71%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Iveco Group's Scope 2 emissions?

In 2023, Iveco Group reported Scope 2 greenhouse gas (GHG) emissions of 38,839 tCOâ‚‚e using the market-based method, and 128,485 tCOâ‚‚e using the location-based method.

Has Iveco Group reduced its Scope 2 emissions over time?

Since 2020, Iveco Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Iveco Group 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), Iveco Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Iveco Group 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Iveco Group use for Scope 2 reporting?

In 2023, Iveco Group reported its Scope 2 emissions using the market-based method and using the location-based method.

Iveco Group's Scope 2 Emissions Over Time

2020202120222023040 k80 k120 k160 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Iveco Group's Value Chain Emissions

In 2023, Iveco Group reported 59,381,599 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Iveco Group includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 1 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Iveco Group's Scope 3 Emissions Over Time

2020202120222023015 M30 M45 M60 MtCO2e+41%+28036%+41%
  • Total Scope 3
  • Year-over-Year Change

What are Iveco Group's Scope 3 emissions?

In 2023, Iveco Group reported total Scope 3 emissions of 59,381,599 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 8.31% of these emissions originated from upstream activities such as purchased goods and capital goods, while 91.69% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Iveco Group reduced its Scope 3 emissions over time?

Since 2020, Iveco Group's Scope 3 emissions have increased by 55,675.7%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Iveco Group's Scope 3 emissions increased by 40.85%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Iveco Group disclose?

In 2023, Iveco Group reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Iveco Group's Scope 3 emissions?

In 2023, the largest contributors to Iveco Group's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 54,345,569 tCOâ‚‚e (91.52%)
  • Purchased Goods and Services (Cat. 1): 4,650,478 tCOâ‚‚e (7.83%)
  • Upstream Transportation and Distribution (Cat. 4): 178,239 tCOâ‚‚e (0.3%)

Iveco Group's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(7.8%)Use of Sold Products(Cat. 11)(91.5%)

Insights into Iveco Group's Total Carbon Footprint

In 2023, Iveco Group reported a total carbon footprint of 59,569,757 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 40.66% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Iveco Group's total carbon footprint was Scope 3 emissions, accounting for 99.68% of the company's total carbon footprint, followed by Scope 2 emissions at 0.22%.