A2A SpA

A2A SpA reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 5,862 Kt (-1,261 /-17.7% y-o-y). Also positively, carbon intensity declined to 751 t (-139 /-15.6% y-o-y).

A2A SpA's Scope 3 emissions tumbled to 1,464 Kt (-152 /-9.4% y-o-y). The decline accelerated compared to the CAGR of -3.2% since 4Q'15.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

A2A SpA also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Italian multi-utility company A2A S.p.A commits to reduce scope 1 GHG emissions 46% per kWh by 2030 from a 2017 base year. A2A commits to reduce absolute scope 2 GHG emissions 100% by 2024 from a 2017 base year. A2A also commits to reduce absolute scope 3 GHG emissions from purchased goods and services and use of sold products 20% by 2030 from a 2017 base year*. *The target boundary includes biogenic emissions and removals from bioenergy feedstocks.