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Piaggio & C SpA

Common Name
Piaggio & C
Country
Italy
Sector
Consumer Cyclical
Industry
Auto Manufacturers
Employees
6,441
Ticker
PIA
Exchange
EURONEXT MILAN
Description
Piaggio & C. S.p.A. is an Italian motor vehicle manufacturer specializing in the development, production, and distribution of two-wheeled vehicles and light commercial motor vehicles. Founded in 1884 ...

Piaggio & C's GHG Emissions Data Preview

In 2024, 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)202420232022
2021 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Piaggio & C’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2022, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Piaggio & C’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Piaggio & C’s data sources below and access millions more through our Disclosure Search.

a. Piaggio & C's Financial Report 2024

Insights into Piaggio & C's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Piaggio & C amounted to 45,400 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 2023, the total operational greenhouse gas (GHG) emissions of Piaggio & C decreased by 7.25%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Piaggio & C's Scope 1 Emissions Over Time

20222023202405 k10 k15 k20 ktCO2e-12%-8%
  • Total Scope 1
  • Year-over-Year Change

What are Piaggio & C's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Piaggio & C were 15,347 metric tons of CO₂ equivalent (tCO₂e).a

Has Piaggio & C reduced its Scope 1 emissions over time?

Since 2022, Piaggio & C's Scope 1 emissions have decreased by 19.37%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year (2023), Piaggio & C's Scope 1 emissions decreased by 8.29%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Piaggio & C's Scope 2 emissions?

In 2024, Piaggio & C reported Scope 2 greenhouse gas (GHG) emissions of 35,988 tCO₂e using the market-based method and 30,053 tCO₂e using the location-based method.a

Has Piaggio & C reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Piaggio & C's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Piaggio & C's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Piaggio & C use for Scope 2 reporting?

In 2024, Piaggio & C reported its Scope 2 emissions using the market-based method and using the location-based method.a

Piaggio & C's Scope 2 Emissions Over Time

202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Piaggio & C's Value Chain Emissions

In 2024, Piaggio & C reported 4,712,664 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 2024 disclosure of Piaggio & C includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Piaggio & C's Scope 3 Emissions Over Time

20222023202401.5 M3 M4.5 M6 MtCO2e-1%-7%
  • Total Scope 3
  • Year-over-Year Change

What are Piaggio & C's Scope 3 emissions?

In 2024, Piaggio & C reported total Scope 3 emissions of 4,712,664 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 14.24% of these emissions originated from upstream activities such as purchased goods and capital goods, while 85.76% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Piaggio & C reduced its Scope 3 emissions over time?

Since 2022, Piaggio & C's Scope 3 emissionshave remained relatively stable, indicating that Piaggio & C's emissions have plateaued with no significant change in its value chain footprint.a

Compared to the previous year (2023), 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

What categories of Scope 3 emissions does Piaggio & C disclose?

In 2024, 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.

What are the main sources of Piaggio & C's Scope 3 emissions?

In 2024, the largest contributors to Piaggio & C's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 4,041,587 tCO₂e (85.76%)
  • Purchased Goods and Services (Cat. 1): 547,538 tCO₂e (11.62%)
  • Waste Generated in Operations (Cat. 5): 42,338 tCO₂e (0.9%)

Piaggio & C's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(85.8%)Purchased Goods andServices (Cat. 1)(11.6%)

Insights into Piaggio & C’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Piaggio & C reported Scope 1 greenhouse gas (GHG) emissions of 15,347 tCO₂e and total revenues of USD 1,770 millions. This translates into an emissions intensity of 8.67 tCO₂e per millions USD.a

Piaggio & C's Scope 1 Emissions Intensity Compared to Peers

2050010,000100,0002,000,000Scope 1 Emissions (tCO2e)0.1520010,000500,000Revenues (Millions of USD)CCSImmsiYear: 2024Scope 1: 15,698 tCO2eRevenue: $M 1,819Scope 1 Intensity: 8.63 tCO2e/$MCCChina MotorYear: 2023Scope 1: 8,553 tCO2eRevenue: $M 1,255Scope 1 Intensity: 6.81 tCO2e/$MOtokarYear: 2024Scope 1: 14,781 tCO2eRevenue: $M 958Scope 1 Intensity: 15.43 tCO2e/$MBajaj MobilityYear: 2024Scope 1: 13,173 tCO2eRevenue: $M 1,787Scope 1 Intensity: 7.37 tCO2e/$MFerrariYear: 2024Scope 1: 65,338 tCO2eRevenue: $M 6,948Scope 1 Intensity: 9.40 tCO2e/$MPolestar Automotive HoldingYear: 2024Scope 1: 48 tCO2eRevenue: $M 2,034Scope 1 Intensity: 0.02 tCO2e/$MZhejiang Leapmotor TechnologyYear: 2024Scope 1: 16,467 tCO2eRevenue: $M 4,811Scope 1 Intensity: 3.42 tCO2e/$MMazda MotorYear: 2025Scope 1: 119,000 tCO2eRevenue: $M 33,467Scope 1 Intensity: 3.56 tCO2e/$MDRB-HICOMYear: 2024Scope 1: 68,253 tCO2eRevenue: $M 3,621Scope 1 Intensity: 18.85 tCO2e/$MCCChin Hin Group PropertyYear: 2024Scope 1: 917 tCO2eRevenue: $M 160Scope 1 Intensity: 5.74 tCO2e/$MNissan MotorYear: 2024Scope 1: 442,000 tCO2eRevenue: $M 83,768Scope 1 Intensity: 5.28 tCO2e/$MSSSuzuki MotorYear: 2024Scope 1: 410,000 tCO2eRevenue: $M 35,377Scope 1 Intensity: 11.59 tCO2e/$MSAIC MotorYear: 2024Scope 1: 610,000 tCO2eRevenue: $M 85,993Scope 1 Intensity: 7.09 tCO2e/$MTeslaYear: 2024Scope 1: 302,000 tCO2eRevenue: $M 97,690Scope 1 Intensity: 3.09 tCO2e/$MGreat Wall MotorYear: 2024Scope 1: 152,034 tCO2eRevenue: $M 27,352Scope 1 Intensity: 5.56 tCO2e/$MChongqing Changan AutomobileYear: 2024Scope 1: 151,868 tCO2eRevenue: $M 21,887Scope 1 Intensity: 6.94 tCO2e/$MVinFast AutoYear: 2023Scope 1: 7,747 tCO2eRevenue: $M 0Scope 1 Intensity: 174,836.38 tCO2e/$MGuangzhou Automobile GroupYear: 2024Scope 1: 159,201 tCO2eRevenue: $M 14,769Scope 1 Intensity: 10.78 tCO2e/$MSeres GroupYear: 2024Scope 1: 88,690 tCO2eRevenue: $M 19,892Scope 1 Intensity: 4.46 tCO2e/$MYulon MotorYear: 2024Scope 1: 33,364 tCO2eRevenue: $M 2,618Scope 1 Intensity: 12.74 tCO2e/$MBayerische Motoren WerkeYear: 2024Scope 1: 672,542 tCO2eRevenue: $M 148,163Scope 1 Intensity: 4.54 tCO2e/$MMaruti Suzuki IndiaYear: 2025Scope 1: 225,537 tCO2eRevenue: $M 16,984Scope 1 Intensity: 13.28 tCO2e/$MDr Ing hc F PorscheYear: 2024Scope 1: 76,989 tCO2eRevenue: $M 41,710Scope 1 Intensity: 1.85 tCO2e/$MIsuzu MotorsYear: 2025Scope 1: 172,302 tCO2eRevenue: $M 9,524Scope 1 Intensity: 18.09 tCO2e/$MPiaggio & CYear: 2024Scope 1: 15,347 tCO2eRevenue: $M 1,770Scope 1 Intensity: 8.67 tCO2e/$M

How does Piaggio & C's GHG emissions intensity compare to its peers?

In 2024, Piaggio & C reported a Scope 1 emissions intensity of 8.67 tCO₂e per millions USD. Compared to the peer group median of 7.02, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Piaggio & C rank on GHG emissions intensity within its industry?

In 2024, Piaggio & C ranked 16 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

Insights into Piaggio & C's Total Carbon Footprint

In 2024, Piaggio & C reported a total carbon footprint of 4,758,064 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.39% decrease compared to 2023, 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 99.05% of the company's total carbon footprint, followed by Scope 2 emissions at 0.63%.a

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