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EcoVadis is used to measure the initial level of 'maturity', collect data, and monitor progress in sustainability practices.
The purpose is to promote a culture of sustainability and establish new industry standards.
The goal is to strengthen partnerships with key suppliers and reformulate the criteria for awarding new business to include ESG criteria.
It requires a significant update of skills both internally at Leonardo and among suppliers, with a diversified and progressive approach.
The core team is responsible for helping suppliers acquire new sustainability skills and supporting them in setting Science Based targets.
The purpose is to increase awareness among suppliers and create a sense of urgency regarding sustainability objectives.
Leonardo plans to support its supply chain through training programs, workshops, and specific consulting initiatives.
The objectives include involving over 500 suppliers in sustainability training by 2027 and including ESG requirements in at least 70% of major tenders by 2028.
The Procurement District is dedicated to Leonardo's supply chains and emphasizes the importance of supplier engagement in decarbonization efforts.
The five steps include defining Science Based targets, acting to achieve SBTi objectives, engaging suppliers, understanding climate science, and measuring emissions.
The Paris Agreement is a global accord that aims to limit global warming to below 2°C and drive efforts to limit the temperature increase to 1.5°C.
Science Based targets are greenhouse gas emission reduction goals aligned with the Paris Agreement guidelines and validated by the Science Based Targets initiative.
Scope 1 emissions refer to direct greenhouse gas emissions produced by an organization, such as those from its own operations.
The objectives include reducing Scope 1 and 2 emissions by 53% by 2030, ensuring 58% of suppliers set Science Based targets by 2028, and reducing Scope 3 emissions intensity by 52% by 2030.
The procurement function plays a central role in reducing emissions linked to Leonardo's activities and making the entire value chain more sustainable.
Human capital is crucial as sustainability involves creating value for people, communities, and territories, leading to a positive societal impact.
The Supplier Development Programme is an initiative aimed at directly involving suppliers in sustainability topics and enhancing their capabilities.
COP meetings are annual gatherings where signatory countries discuss and commit to actions for climate change, including financial tools for developing countries.
By 2028, Leonardo aims for 58% of its suppliers, in terms of emissions, to have set their own Science Based decarbonization targets.
Decarbonization refers to the process of reducing carbon emissions associated with Leonardo's operations and its supply chain to combat climate change.