Leonardo

Leonardo reported Total CO2e Emissions - Location-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 479 Kt (-130 /-21.3% y-o-y). Also positively, carbon intensity plummeted to 29 t (-10 /-26.5% y-o-y).

Leonardo's Scope 3 emissions increased to 220 Kt (+13/+6.3% y-o-y). There has been no consistent trend in recent years.

The company is committed to reducing Scope 1 + 2 by 4% by 2025 from a base year 2019, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Leonardo also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Leonardo S.p.A. commits to reduce absolute scope 1 and 2 GHG emissions 53% by 2030 from a 2020 base year. Leonardo S.p.A. also commits that 58% of its suppliers by emissions covering purchased goods and sevices and capital goods will have science-based targets by 2028. Leonardo S.p.A finally .commits to reduce scope 3 GHG emissions from fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, businesses travel, employee commuting, upstream leased assets, and use of sold products 52% per flight hour equivalent by 2030 from a 2020 base year.