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Zignago Vetro SpA

Common Name
Zignago Vetro
Country
Italy
Sector
Consumer Cyclical
Industry
Packaging & Containers
Employees
2,719
Ticker
ZV
Exchange
EURONEXT MILAN
Description
Zignago Vetro S.p.A. is a renowned player in the glass manufacturing industry, primarily engaged in the production and sale of high-quality glass containers. Serving a wide array of sectors, its produ...

Zignago Vetro's GHG Emissions Data Preview

In 2024, Zignago Vetro 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).

Zignago Vetro has also provided a category-level breakdown for 11 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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0000000
Total Scope 2
Market-Based
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a
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a
0000000
Location-Based
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a
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Zignago Vetro’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 Zignago Vetro’s data sources below and access millions more through our Disclosure Search.

a. Zignago Vetro's Sustainability Report 2024
a. Zignago Vetro's Sustainability Report 2024

Insights into Zignago Vetro's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofZignago Vetro amounted to275,744metric 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 Zignago Vetrodecreased by 17.79%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Zignago Vetro's Scope 1 Emissions Over Time

20222024070 k140 k210 k280 ktCO2e-14%
  • Total Scope 1
  • Year-over-Year Change

What are Zignago Vetro's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Zignago Vetro were 228,537 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2022), Zignago Vetro's Scope 1 emissions decreased by 13.89%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Zignago Vetro's Scope 2 emissions?

In 2024, Zignago Vetro reported Scope 2 greenhouse gas (GHG) emissions of 54,709 tCOâ‚‚e using the market-based method and 47,207 tCOâ‚‚e using the location-based method.a

What methodology does Zignago Vetro use for Scope 2 reporting?

In 2024, Zignago Vetro reported its Scope 2 emissions using the market-based method and using the location-based method.a

Zignago Vetro's Scope 2 Emissions Over Time

20222024020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Zignago Vetro's Value Chain Emissions

In 2024, Zignago Vetro reported 236,002 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Zignago Vetro includes a breakdown across 11of the 15 Scope 3 categories defined by the GHG Protocol,up from 0 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Zignago Vetro's Scope 3 Emissions Over Time

2024060 k120 k180 k240 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Zignago Vetro's Scope 3 emissions?

In 2024, Zignago Vetro reported total Scope 3 emissions of 236,002 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 65.52%of these emissions originated from upstream activities such as purchased goods and capital goods, while 34.48%came from downstream activities like product use, distribution, and end-of-life treatment.a

What categories of Scope 3 emissions does Zignago Vetro disclose?

In 2024, Zignago Vetro reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Zignago Vetro's Scope 3 emissions?

In 2024, the largest contributors to Zignago Vetro's Scope 3 emissions were:a

  • Investments (Cat. 15): 77,794 tCOâ‚‚e(32.96%)
  • Purchased Goods and Services (Cat. 1): 69,737 tCOâ‚‚e(29.55%)
  • Fuel- and Energy-Related Services (Cat. 3): 40,203 tCOâ‚‚e(17.04%)

Zignago Vetro's Scope 3 Emissions by Categories

Investments(Cat. 15)(33.0%)Purchased Goods andServices (Cat. 1)(29.5%)Fuel- andEnergy-RelatedServices (Cat. 3)(17.0%)

Insights into Zignago Vetro’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Zignago Vetro reported Scope 1 greenhouse gas (GHG) emissions of 228,537 tCOâ‚‚e and total revenues of USD 473 millions. This translates into an emissions intensity of 483.19 tCOâ‚‚e per millions USD.a

Zignago Vetro's Scope 1 Emissions Intensity Compared to Peers

1,00010,000100,0002,000,00020,000,000Scope 1 Emissions (tCO2e)1005002,00010,00050,000Revenues (Millions of USD)NFSTNNNihon Yamamura GlassYear: 2024Scope 1: 184,902 tCO2eRevenue: $M 481Scope 1 Intensity: 384.25 tCO2e/$MGreatview Aseptic PackagingYear: 2023Scope 1: 4,425 tCO2eRevenue: $M 587Scope 1 Intensity: 7.53 tCO2e/$MElopakYear: 2024Scope 1: 4,379 tCO2eRevenue: $M 14,259Scope 1 Intensity: 0.31 tCO2e/$MFFFPYear: 2024Scope 1: 7,815 tCO2eRevenue: $M 1,467Scope 1 Intensity: 5.33 tCO2e/$MToyo Seikan Group HoldingsYear: 2024Scope 1: 374,000 tCO2eRevenue: $M 6,277Scope 1 Intensity: 59.58 tCO2e/$MHuhtamakiYear: 2024Scope 1: 218,431 tCO2eRevenue: $M 4,294Scope 1 Intensity: 50.87 tCO2e/$MMetsa BoardYear: 2024Scope 1: 192,098 tCO2eRevenue: $M 2,017Scope 1 Intensity: 95.22 tCO2e/$MCascadesYear: 2024Scope 1: 564,458 tCO2eRevenue: $M 3,268Scope 1 Intensity: 172.72 tCO2e/$MAmcorYear: 2024Scope 1: 430,000 tCO2eRevenue: $M 13,640Scope 1 Intensity: 31.52 tCO2e/$MCCL IndustriesYear: 2024Scope 1: 153,340 tCO2eRevenue: $M 5,037Scope 1 Intensity: 30.45 tCO2e/$MScientexYear: 2023Scope 1: 6,300 tCO2eRevenue: $M 900Scope 1 Intensity: 7.00 tCO2e/$MTranscontinentalYear: 2024Scope 1: 65,784 tCO2eRevenue: $M 2,020Scope 1 Intensity: 32.56 tCO2e/$MBallYear: 2024Scope 1: 387,349 tCO2eRevenue: $M 11,795Scope 1 Intensity: 32.84 tCO2e/$MYUTOYear: 2024Scope 1: 21,504 tCO2eRevenue: $M 2,351Scope 1 Intensity: 9.15 tCO2e/$MViscofanYear: 2024Scope 1: 349,124 tCO2eRevenue: $M 1,253Scope 1 Intensity: 278.65 tCO2e/$MSSSmurfit WestRockYear: 2024Scope 1: 5,674,000 tCO2eRevenue: $M 21,109Scope 1 Intensity: 268.80 tCO2e/$MTTTon Yi IndustrialYear: 2024Scope 1: 72,866 tCO2eRevenue: $M 1,369Scope 1 Intensity: 53.21 tCO2e/$MYunnan Energy New MaterialYear: 2024Scope 1: 347,165 tCO2eRevenue: $M 1,393Scope 1 Intensity: 249.29 tCO2e/$MAvery DennisonYear: 2024Scope 1: 238,000 tCO2eRevenue: $M 8,756Scope 1 Intensity: 27.18 tCO2e/$MPackaging Corp of AmericaYear: 2024Scope 1: 2,000,000 tCO2eRevenue: $M 8,383Scope 1 Intensity: 238.57 tCO2e/$MFuji Seal InternationalYear: 2024Scope 1: 47,501 tCO2eRevenue: $M 1,298Scope 1 Intensity: 36.59 tCO2e/$MArdagh Metal PackagingYear: 2024Scope 1: 157,506 tCO2eRevenue: $M 4,908Scope 1 Intensity: 32.09 tCO2e/$MZignago VetroYear: 2024Scope 1: 228,537 tCO2eRevenue: $M 473Scope 1 Intensity: 483.19 tCO2e/$M

How does Zignago Vetro's GHG emissions intensity compare to its peers?

In 2024, Zignago Vetro reported a Scope 1 emissions intensity of 483.19 tCOâ‚‚e per millions USD. Compared to the peer group median of 34.71, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Zignago Vetro rank on GHG emissions intensity within its industry?

In 2024, Zignago Vetro ranked 23 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Zignago Vetro among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Zignago Vetro's Total Carbon Footprint

In 2024, Zignago Vetro reported a total carbon footprint of 511,746 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 52.57% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Zignago Vetro's total carbon footprint was Scope 3 emissions, accounting for 46.12% of the company's total carbon footprint, followed by Scope 1 emissions at 44.66%.a

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