Your browser version is not updated, please update it.

Poste Italiane Group Policy on Environmental Sustainability The commitment of Poste Italiane Group to the environment and climate.

On 28 February 2019, the Board of Directors of Poste Italiane approved the Group’s Environmental Sustainability Policy, which sets out the general principles, objectives and methods for managing the Group's environmental impact and reaffirms Poste Italiane's commitment to promote throughout its value chain, an efficient use of natural resources and a focus on the search for innovative solutions to protect the environment.

The Policy is structured around several Principles that set out the Company’s approach to environmental sustainability. In detail: efficiency in the use of resources, innovation to support a low-carbon economy, prevention and reduction of impact, promotion of environmental culture.
 
Poste Italiane is one of today’s most important companies in the logistics sector in Italy and is a leading player in the financial, insurance and mobile and digital payment sectors. In consideration of its size, the Company is aware that its direction can contribute to determining sustainable growth that also respects the natural environment.
 
The Policy, reinforcing what has already been stated in the Group's Code of Ethics, confirms Poste Italiane's commitment to promoting environmental protection throughout its value chain. Firstly, Poste Italiane commits to preventing, managing and, where possible, reducing the environmental impact generated directly by its operations, in particular, from the use of buildings and from logistics and transport activities, whether carried out directly or through suppliers and partners. Secondly, the Company has also integrated environmental sustainability principles into its investment and insurance activities, encouraging virtuous behaviour throughout Italy.


Internal Group energy consumption*

  2018  2019 2021**
Consumption of fuel from non-renewable sources (GJ)  2,034,554 2,180,838 2,516,482
Of which:   
LPG (GJ)  31,381 32,033 29,264
Diesel (GJ)  807,178 857,792 720,765
Natural gas (GJ)** 695,450 677,286 831,068
Jet fuel (GJ)  343,341 403,770 664,375
Petrol (GJ) 157,205 209,956 271,011
Consumption of energy from non-renewable sources (GJ) 93,603 84,183 53,140
Of which:   
Thermal energy (district heating) (GJ) 20,862 23,122 25,677
Electricity supplied by the National Grid (GJ) 72,741 61,061 27,464
Consumption of energy from renewable sources (GJ) 1,742,370 1,697,666 1,588,317
Of which:   
Self-produced photovoltaic electricity (GJ)  5,907 5,521 7,145
Certified guarantee of origin electricity (GJ)  1,736,463 1,692,145 1,581,172
Total energy consumption (GJ) 3,870,527 3,962,688 4,157,939
Of which:   
from renewable sources (GJ)  1,742,370 1,697,666 1,588,317
from non-renewable sources (GJ) 2,128,157 2,265,022 2,569,623

(*) Includes energy consumed by real estate and in road transport logistics and airmail. Source GJ conversion factors: GHG Protocol and DEFRA 2021 Guidelines.
(**) The target set for 2021 is 1,605,700 GJ (446,063.5 MWh) for total energy from renewable sources (internal and external) and 5,126,800 GJ (1,424,225 MWh) for total energy from non-renewable sources (internal and external). In this regard, the Group’s priority in 2021 was to limit the natural increase in consumption compared to 2020, which had been caused by the recovery in activities following the lapsing of a series of Covid-19 related restrictions, and which had restrictions various aspects of operations during 2020.

Total direct GHG emissions (Scope 1); Total indirect GHG emissions (Scope 2); Total other indirect GHG emissions (Scope 3)

  2018 2019 2021
Direct emissions – Scope 1 (tCO2e)* 139,125 148,077 165,508
Of which:   
LPG (tCO2e)  1,914 1,959 1,872
Diesel (tCO2e)  57,154 59,979 50,384
Natural gas (tCO2e)**** 44,968 43,452 46,872
Jet fuel (tCO2e)  25,020 29,205 48,142
Petrol (tCO2e)  10,068 13,483 18,238
Indirect emissions – Scope 2 (tCO2e)**  11,601 10,317 5,709
Of which:   
Thermal energy  1,972 2,053 2,211
Electricity  9,629 8,264 3,498
Direct emissions – Scope 3 (tCO2e)***  126,440 156,202 178,737
Of which:   
Diesel (tCO2e)  98,808 131,575 162,392
Natural Gas - - 4
Petrol - - -
LPG 6.9 6.2 8,1
Jet fuel (tCO2e)  27,626 24,621 16,333

(*) The scope of reporting for 2021 includes the parent company, Group companies, net of Nexive, because this has only recently been acquired.
(**) The emission factors used to convert fuels into CO2 are as follows: LPG for 2019 1.52 kg CO2 e/l (source DEFRA 2019), for 2020 1.56 kg CO2 e/l (source DEFRA 2020) and for 2021 1.56 kg CO2 e/l (source DEFRA 2021). Diesel for 2019 2.59 kg CO2 e/l (source DEFRA 2019), for 2020 2.54 kg CO2 e/l (source DEFRA 2020) and for 2021 2.51 kg CO2 e/l (source DEFRA 2021). Natural gas for 2019 2.03 kg CO2 e/m3 (source DEFRA 2019), for 2020 2.02 kg CO2 e/m3 (source DEFRA 2020) and for 2021 2.02 kg CO2 e/m3 (source DEFRA 2021). Petrol for 2019 2.21 kg CO2 e/l (source DEFRA 2019), for 2020 2.17 kg CO2 e/l (source DEFRA 2020) and for 2021 2.19 kg CO2 e/l (source DEFRA 2021). The expected target for 2021 is 166,500 tCO2e. In this regard, the Group’s priority in 2021 was to limit the natural the natural increase in emissions compared to 2020, which had been caused by the recovery in activities following the lapsing of a series of Covid-19 related restrictions, and which had restrictions various aspects of operations during 2020.
(***) Poste Italiane acquires renewable energy guarantee of origin certificates for approximately 98% of its electricity consumption. The GRI Sustainability Reporting Standards envisage two calculation methods for Scope 2 emissions - the location-based method and the marketbased method. The market-based method (the method used by Poste Italiane) is based on CO2 emissions emitted by the energy suppliers from which, via a contract, the organisation purchases electricity (in this case renewable energy guarantee of origin certificates), and for the remaining 5%, emission factors from the national electricity grid (emission factor for market-based method calculation: for 2021, 0.456 kg CO2 e/kWh, source: European Residual Mixes 2020, for 2020 0.466 kg CO2 e/kWh, source: European Residual Mixes 2019, for 2019, 0.487 kg CO2 e/kWh, source: European Residual Mixes 2018.) Conversion factors used to convert thermal energy into CO2e: for 2019, 0.17 kg CO2 e/kWh, for 2020, 0.17 kg CO2 e/kWh and for 2021, 0.17 kg CO2 e/kWh. The target set for 2021 is 6,500 tCO2 e. The location-based method, on the other hand, is based on average emission factors for regional, sub-national or national power generation. Applying the location-based method, the Group’s total Scope 2 emissions in 2019 amount to 177,855 tCO2 e, in 2020 150,168 tCO2 e and in 2021 142,966 tCO2 e (emission factor for the location-based method: 0.315 kg CO2 e/kWh, source: ISPRA 2021).
(****) The emission factors used to convert fuels into CO2 are as follows: Jet fuel for 2019 2.21 kg CO2 e/l (source DEFRA 2019), for 2020 2.54 kg CO2 e/l (source DEFRA 2020) and for 2021 2.55 kg CO2 e/l (source DEFRA 2021).
 

Waste generated, Waste recovered, Waste disposed of*

  2018 2019 2021
Waste by tipe (t) Waste generated Waste recovered Waste disposed Waste generated Waste recovered Waste disposed Waste generated Waste recovered(**) Waste disposed(***)
Total waste (t) 28,545.6 26,468.9 2,076.8 28,708.8 27,869.9 838.8 34,471.7 33,202.2 1,269.5
ofwhich:                  
Paper/cardboard             13,584.9 13,539.2 45.8
Plastic             1,359.3 1,359.3 -
Wood             10,481.8 10,478.1 3.6
Other              9,045.8 7,825.63 1,220.1

(*) The figures for the quantity of waste produced are given by the companies that provide waste management services.
(**) The expected target for 2021 regarding recovered waste is 33,700 tonnes.
(***) The target set for 2021 in relation to waste sent to disposal (landfill, incinerated and other types of disposal) is 1,300 tonnes.

 
  2018 2019 2021
Total weight of hazardous waste recovered (t) On site Off site On site Off site On site Off site
Preparation for reuse         - -
Recycling         - 364.3
Other recovery operations         - -
Total         - 364.3
Total hazardous waste recovered​ 339.7 151 364.3
 
  2018 2019 2021
Total weight of non-hazardous waste recovered (t) On site Off site On site Off site On site Off site
Preparation for reuse         - -
Recycling         - 32,837.9
Other recovery operations         - -
Total         - 32,837.9
Total weight of non-hazardous waste recovered (t) 26,129.2 27,718.9 32,837.9
 
  2018 2019 2021
Total weight of hazardous waste disposed of (t) On site Off site On site Off site On site Off site
Disposal in landfill         - 99.3
Incinerated         - 0.3
Other types of disposal         - 36.1
Total         - 135.8
Total hazardous waste disposed of 89 24.3 135.8
 
  2018 2019 2021
Total weight of non-hazardous waste disposed of (t) On site Off site On site Off site On site Off site
Disposal in landfill         0 616.9
Incinerated         0 0.01
Other types of disposal         0 516.8
Total         0 1,133.7
Total non-hazardous waste disposed of 1,320.4 749.88 1,133.7

(*) The expected target for 2021 regarding the total quantity of waste for disposal in landfills (hazardous and non-hazardous) is 770 tonnes.
(**) The expected target for 2021 regarding the total quantity of waste for incineration disposal (hazardous and non-hazardous) is 0.6 tonnes.
(***) The expected target for 2021 regarding the total quantity of waste for disposal using different procedures such as landfills and incineration (hazardous and non-hazardous) is 600 tonnes.