Financial highlights
Last trade 64.34€
Variation +6.45%
12/03/2026 - 01:14 PM
data source: Investis Digital
Financial highlights
Last trade 64.34€
Variation +6.45%
12/03/2026 - 01:14 PM
data source: Investis Digital
Financial Results & Reports
Press releases
The climate change and the progressive rise in the Planet's average temperature make decarbonisation not only a challenge, but a primary objective for the Aerospace, Defence and Security sector as well.
Causes and effects of climate change are illustrated in the IPCC (Intergovernmental Panel on Climate Change) report, which explains the multiple and, in many cases, already evident consequences of climate change for the environment and human activities.
The European Union's approval of the CSRD (Corporate Sustainability Reporting Directive) and CSDDD (Corporate Sustainability Due Diligence Directive) regulations requires the development of a business model based on the integration of sustainability into business processes and governance.
The new regulations make the entire value chain the focus of impact assessment.
Banking institutions and investors are increasingly demanding and attentive to the ESG performance of companies.
These are monitored by rating agencies through assessment models that help provide financial stakeholders with the robustness of companies' ESG commitments and performance.
Good performance facilitates access to better credit terms.
Leonardo’s clients demand an increasing attention towards sustainability requirements.
In tenders and, more generally, in corporate strategies leading to the selection of a supplier, elements and actions related to sustainability are becoming increasingly central, thus representing a decisive factor for increasing competitiveness.
The first step in defining a decarbonisation strategy is to measure its own carbon footprint along the entire value chain, through data collection and calculation of related emissions.
The international standard that suggests guidelines and methods for calculating an organisation's GHG (Greenhouse Gases) emissions is the GHG Protocol. This protocol categorises the emissions of companies and organisations into three categories:
Scope 1
Greenhouse gas emissions produced directly by the company, for example:
- Blast furnaces and combustion of various kinds
- Combustion company vehicles
- Release of highly climate-changing gases (F-Gases) into the atmosphere
Scope 2
Emissions that the company produces indirectly, related to the use of purchased electricity, or district heating, which in their use by the company does not cause emissions, but has caused them during production.
Emissions produced indirectly by the upstream supply chain:
- Purchased goods and services
- Capital goods
- Fuel and energy related activities
- Transportation & distribution
- Waste generated in operations
- Business travel
- Employee commuting
- Leased assets
Emissions not associated with the company, but which affect its value chain and for which it is indirectly responsible.
- Transportation & distribution
- Processing of sold products
- Assets leased downstream
- Use of sold products
- End of life treatment of sold products
- Investments
- Franchises
For Leonardo, emissions from the supply chain have a very significant impact, accounting for about 42% of total emissions. It is therefore essential to set targets in this area and to involve suppliers in the implementation of the Group’s decarbonisation strategy.
5%
Scope 1 and 2 activities
42%
Scope 3 upstream activities
53%
Scope 3 downstream activities
To demonstrate the solidity of its commitments, Leonardo developed decarbonisation targets based on the Science Based Target initiative (SBTi) methodology. SBTi is a global initiative that promotes the adoption of decarbonisation targets consistent with the IPCC's indications to contain global average temperature rise within +1.5°C.
The new targets therefore aim not only to reduce our internal emissions, but also to reduce emissions outside Leonardo's business perimeter, so-called Scope 3 emissions, through collaboration with suppliers and by decreasing the impact due to customers' use of our products.
A decarbonization commitment integrated with the 2025-2029 Business Plan, which translates the Group's sustainability vision and targets into specific initiatives and projects.
Reducing by 53%
direct and indirect (Scope 1 and 2 market-based) emissions from business operations and energy consumption by 2030, compared to 2020
Involving 58%
of suppliers (in terms of Scope 3 Cat. 1&2 emissions), which must develop and set science-based decarbonization targets by 2028
Reducing by 52%
Scope 3 Cat. 3 to 8 and Cat. 11 emissions in terms of CO2e per flight hour equivalent by 2030, compared to 2020
Target dashboard - Science Based Targets Initiative
To achieve the supply chain decarbonisation goals, it will be essential to set up ever-closer forms of collaboration with suppliers, such as medium- to long-term partnerships, to develop new competencies, and to define and implement a plan of actions to be monitored regularly, articulated on three levels:
Set up calculation tools, collect primary and secondary data, verify data quality, consolidate and calculate Scope 1, 2 and 3 emissions
Define targets for the reduction of Scope 1, 2 and 3 emissions through energy efficiency, renewable procurement, supply chain engagement
Implement actions, monitor, and report progress according to SBTi guidelines
It will be crucial to approach this challenge now with a proactive and concrete approach, setting out a plan of progressive actions over time, to be shared and monitored regularly, to ensure that the 2028 targets are met.
Leonardo will be at its suppliers' side, supporting small and medium-sized companies along the way, offering tools to develop the necessary skills and enhancing the commitment and results of suppliers in the new business assignment phase.
Paolo Rostirolla - VP Sustainable Supply Chain
What will we have to do to achieve by 2028 the supply chain decarbonisation target set by Leonardo and approved by the Science Based Targets Initiative? Paolo Rostirolla answers this question, describing the programme of initiatives developed by the company and differentiated according to supplier maturity and size.
2026-03-12T12:31:42Z
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