ESG at RINA: Environmental
We have launched a series of environmental initiatives
Decarbonization Plan and SBTi
▪ In January 2023, RINA S.p.A. committed to the Science Based Target initiative (SBTi), a partnership promoted by the UN Global Compact (UNGC), the World Resource Institute (WRI), the Carbon Disclosure Project (CDP), the We Mean Business Coalition, and the World Wide Fund for Nature (WWF). The corporate climate action organization enables companies and financial institutions worldwide to set greenhouse gas (GHG) emissions reductions targets in line with climate science recommendations, to keep global heating below catastrophic levels and reach net-zero by 2050 at latest.
Our commitment involved drafting a detailed strategy, and in April 2025, RINA S.p.A. has approved near and long-term science-based emissions reduction targets with the SBTi. The detailed strategy includes both near-term targets (by 2030) to reduce our emissions and the long-term target of achieving net-zero emissions by 2050. In particular:
- RINA S.p.A. commits to reduce absolute Scope 1 and 2 GHG emissions 42% by FY2030 from a FY2023 base year*
- RINA S.p.A. also commits to increase active annual sourcing of renewable electricity from 67.2% in FY2023* to 100% by FY2030.
- RINA S.p.A further commits to reduce Scope 3 GHG emissions 51.6% per EUR value added by FY2030 from a FY2023 base year*
- RINA S.p.A. commits to reduce absolute Scope 1, 2 and 3 GHG emissions 90% by FY2050 from a FY2023 base year*
*(The target boundary includes land-related emissions and removals from bioenergy feedstocks)
Other environmental initiatives
- Renewable energy: 71.8% of our global electricity supply comes from renewable energy sources. Our goal is to acquire energy from renewable sources only, wherever available, by the end of 2030.
- Thanks to Home Working, 1,504 tons of CO2 emissions were saved in 2024 as a result of reductions in commuting (this result includes domestic workplace related emissions).
- Greener vehicles: we are renewing our fleet of company vehicles thanks to the progressive insertion of hybrid / electric cars.
- RINA Carbon Neutral: in December 2024, the target set in RINA’s Carbon Neutral project to achieve carbon neutrality was successfully reached once again. In addition to the continuous monitoring of emissions and the implementation of initiatives to reduce them, the remaining emissions were offset through the purchase of carbon credits generated through Clean Development Mechanism (CDM), Verra and Gold Standard projects.
