In 2025, Piaggio & C 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).
Piaggio & C has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2025 | 2024 | 2023 | 2022-2019 |
|---|---|---|---|---|
Total Scope 1 | 12,499a | 15,347a | 16,734b | |
Total Scope 2 | ||||
Market-Based | 29,409a | 35,988a | 38,399b | |
Location-Based | 24,438a | 30,053a | 32,213b | |
Total Scope 3 | 4,458,165a | 4,712,664a | 5,088,815b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 7.0786a | 8.6686a | 7.58b |
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In 2025, the total operational greenhouse gas (GHG) emissions of Piaggio & C amounted to 36,937 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).a
Compared to 2024, the total operational greenhouse gas (GHG) emissions of Piaggio & C decreased by 18.64%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2025, the total Scope 1 emissions of Piaggio & C were 12,499 metric tons of CO₂ equivalent (tCO₂e).a
Since 2022, Piaggio & C's Scope 1 emissions have decreased by 34.34%, reflecting a declining long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2024), Piaggio & C's Scope 1 emissions decreased by 18.56%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2025, Piaggio & C reported Scope 2 greenhouse gas (GHG) emissions of 29,409 tCO₂e using the market-based method and 24,438 tCO₂e using the location-based method.a
Compared to the previous year (2024), Piaggio & C's Scope 2 emissions (Location-Based) fell by 18.68% in 2025, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2025, Piaggio & C reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2025, Piaggio & C reported 4,458,165 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2025 disclosure of Piaggio & C includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2025, Piaggio & C reported total Scope 3 emissions of 4,458,165 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 11.53% of these emissions originated from upstream activities such as purchased goods and capital goods, while 88.47% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2022, Piaggio & C's Scope 3 emissions have decreased by 13.47%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2024), Piaggio & C's Scope 3 emissions remained relatively stable, indicating that Piaggio & C's emissions have plateaued with no significant change in its value chain footprint.a
In 2025, Piaggio & C reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2025, the largest contributors to Piaggio & C's Scope 3 emissions were:a
In 2025, Piaggio & C reported Scope 1 greenhouse gas (GHG) emissions of 12,499 tCO₂e and total revenues of USD 1,766 millions. This translates into an emissions intensity of 7.08 tCO₂e per millions USD.a
In 2025, Piaggio & C reported a Scope 1 emissions intensity of 7.08 tCO₂e per millions USD. Compared to the peer group median of 5.92, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2025, Piaggio & C ranked 17 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Piaggio & C is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2025, Piaggio & C reported a total carbon footprint of 4,495,102 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.53% decrease compared to 2024, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Piaggio & C's total carbon footprint was Scope 3 emissions, accounting for 99.18% of the company's total carbon footprint, followed by Scope 2 emissions at 0.54%.a