Technogym SpA

Common Name

Technogym

Country

Italy

Sector

Consumer Cyclical

Industry

Leisure

Employees

2,555

Ticker

TGYM

Exchange

EURONEXT MILAN

Website

www.technogym.com

Description

Technogym S.p.A. is a globally recognized leader in the wellness and fitness equipment industry. The company designs and manufactures a wide array of products, including high-tech fitness machines, di... Show more

Technogym's GHG Emissions Data Preview

In 2023, Technogym 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) and Scope 2 (indirect emissions from purchased energy).

However, Technogym has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)	2023	2022	2021	2020 - 2017
Total Scope 1 Total direct GHG emissions from categories that are owned or directly controlled by the company.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Total Scope 2 Indirect GHG emissions from the generation of purchased electricity, steam, heating, and cooling consumed by the reporting company.
Market-Based Indirect emissions from purchased energy calculated using the market-based method, which reflects contractual instruments such as supplier-specific emission factors or renewable energy certificates (RECs).	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Location-Based Indirect emissions from purchased energy calculated using the location-based method, which reflects average emission factors of the local grid.	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Copy restricted. Please purchase to unlock this data. ^a	Data available for purchase 0000000
Total Scope 3 All other indirect GHG emissions that occur in the company’s value chain, outside of Scope 1 and 2. This includes both upstream and downstream activities.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Copy restricted. Please purchase to unlock this data.	Data available for purchase 0000000

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Verified Sources Behind Technogym’s Greenhouse Gas (GHG) Emissions Data

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a. Technogym's Consolidated Non-Financial Report 2023

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Insights into Technogym's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Technogym amounted to 5,211.42 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 2022, the total operational greenhouse gas (GHG) emissions of Technogym increased by 10.9%, suggesting that the company faced challenges in reducing its emissions from its core operations. ^a

Technogym's Scope 1 Emissions Over Time

Total Scope 1
Year-over-Year Change

What are Technogym's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Technogym were 2,639.07 metric tons of CO₂ equivalent (tCO₂e). ^a

Has Technogym reduced its Scope 1 emissions over time?

Since 2021, Technogym's Scope 1 emissions have decreased by 7.37%, reflecting a declining long-term trend in Scope 1 emissions over time. ^a

Compared to the previous year (2022), Technogym's Scope 1 emissions decreased by 2.39%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. ^a

What are Technogym's Scope 2 emissions?

In 2023, Technogym reported Scope 2 greenhouse gas (GHG) emissions of 3,617.38 tCO₂e using the market-based method and 2,572.35 tCO₂e using the location-based method. ^a

Has Technogym reduced its Scope 2 emissions over time?

Since 2021, Technogym's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 26.92%, reflecting a declining long-term trend in Scope 2 emissions over time. ^a

Compared to the previous year (2022), Technogym's Scope 2 emissions (Location-Based) rose by 28.92% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy ^a

What methodology does Technogym use for Scope 2 reporting?

In 2023, Technogym reported its Scope 2 emissions using the market-based method and using the location-based method. ^a

Technogym's Scope 2 Emissions Over Time

Total Scope 2 Location-Based
Total Scope 2 Market-Based

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