DECARBONIZATION PLAN 2024-2028

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AN INVESTMENT FOR THE FUTURE

A plan to reduce environmental impact at the heart of our project.

Argos Climate Action Fund announced its entry into Bracchi with a majority stake on December 15, 2023.

From the very beginning, the goal has been to position Bracchi at the forefront of the logistics and transportation sector in terms of green offerings, implementing a clear decarbonization strategy.

KEY POINTS OF THE STRATEGY:
  • Transform Bracchi into a leader in sustainable logistics and transportation.
  • Meet the challenge of customers who are accelerating emissions reductions.
  • Adopt a range of initiatives: from alternative fuels to energy efficiency.
  • Strong commitment from management to accelerate the ecological transition.
  • Decarbonization path as an additional contribution to expected EBITDA.
KEY NUMBERS OF THE DECARBONIZATION PLAN 2024-2028

-33

%
Reduction of greenhouse gas emissions during the period 2024-2028

-74

%
Reduction of Scope 1 and Scope 2 greenhouse gas emissions

-84000

Reduction of cumulative emissions in tons of CO2 equivalent (tCO2e)

THE OBJECTIVES OF THE PLAN

A concrete vision

The Decarbonization Plan will enable Bracchi to achieve a 33% reduction in greenhouse gas emissions during the period 2024-2028.

Specifically, the emissions intensity will decrease from 394.9 tCO2e per million euros (2023) to 265.3 tCO2e per million euros (2028), ensuring an overall reduction of 33%.

Scope 1 and Scope 2 greenhouse gas (GHG) emissions will be reduced by 74%*, while Scope 3 emissions will decrease by over 32%*.

Le emissioni di gas serra (GHG) di Scope 1 e Scope 2 saranno ridotte del 74%*, mentre le emissioni di Scope 3 diminuiranno di oltre il 32%*.

*on an annual basis vs. baseline, with full implementation of all planned interventions.

KEY INTERVENTIONS

The plan features a series of fundamental interventions that encompass best practices for decarbonization in transportation, logistics, and building management.
HEAVY FLEET HVO ADOPTION

21.000 tCO2e

Hydrogenated vegetable oil (HVO) is a renewable diesel alternative derived from vegetable oils through a process that chemically transforms the oil into a cleaner-burning fuel. This reduction measure involves adopting HVO as the primary fuel source for Bracchi’s heavy vehicle fleet.

CAR FLEET HVO ADOPTION

570 tCO2e

This reduction measure involves adopting HVO as the primary fuel source for the company car fleet (both owned and leased) of Bracchi.

RENEWABLE ENERGY PURCHASE

4.100 tCO2e

The intervention involves the purchase of renewable electricity produced 100% from renewable energy sources.

PHOTOVOLTAIC SYSTEMS INSTALLATION

1.200 tCO2e

The intervention involves the installation and activation of photovoltaic systems at several Bracchi logistics hubs to enable the production and consumption of completely renewable electricity.

LIGHTING SYSTEMS REVAMP WITH LED

80 tCO2e

The intervention involves the installation of LED lights, both in indoor and outdoor areas, ensuring greater energy efficiency.

GREEN PROCUREMENT

58.000 tCO2e

The intervention involves selecting low-emission intensity solutions for non-owned heavy vehicles. Specifically, this includes the adoption of HVO fuel for third-party transportation services.