Environment, Social and Governance principles are deeply embedded at every level of our business.
Our strategy is aligned with the principles of the UN Global Compact, and we are committed to making a significant contribution to the UN Sustainable Development Goals (SDGs), with a focus on transparency, continuous improvement, and measurable results.
In 2024, we conducted our double materiality assessment in line with the CSRD regulatory framework.
This process identified the most relevant areas for our group, ranging from decarbonisation and product responsibility to people and safety and business ethics. These topics are summarised in our four pillars and guide our actions and reporting.
Pillars & Targets
At Italmatch Chemicals, we transform our sustainability pillars into concrete, measurable, and time-bound goals that guide our daily actions and long-term strategy toward a more responsible future.
Our Targets align with our ESG strategy and drive continuous progress toward a low-carbon, inclusive, and responsible business model, tracked through specific KPIs and reported annually in our Sustainability Report.
We act for the good of the planet.
By setting SBTi- targets, implementing energy efficiency projects and increasingly turning to renewable energy, we are reducing our footprint and working towards a more decarbonised future.
-16%
Scope 1&2 in 2024 (vs 2021)
8,6%
electricity from renewable / savings CO2
Our Commitment to
The commitment to a sustainable future translates into concrete actions to reduce environmental impact along the entire value chain. The climate strategy adopted aims to significantly reduce greenhouse gas emissions, aligning with the Group’s objectives approved by the Science Based Targets initiative (SBTi).
A team dedicated to the achievement of climate objectives has been formalised, with resources and budg-ets consistent with the action plan, and activities have started for the installation of the first photovoltaic plants, the construction of the combined cycle plant and the reduction of Group emissions.
Our Targets
Science-Based Targets initiative (SBTi) validated
–42% GHG emissions Scope 1 + 2 by 2030 (vs 2021 baseline)
–25% Scope 3 emissions by 2030 (vs 2021 baseline)
- As at 31 dec 2024
- Emission reduction targets approved by SBTi (20/05/2024).
- Scope1&2 emission 76,8k tCO2e (-15,9% vs 2021)
- Scope3 emission 817,5k tCO2e (+1,6% vs 2021)
- (Decarbonisation team appointed with budget aligned with roadmap).
Install Photovoltaic plants to support our energy needs for about 2MW.
- As at 31 dec 2024
- PV plant in Qualiano installed.
- PV in Arese under final engineering according to decarbonisation roadmap.
-5% water consumption by 2030 vs 2024 and continuous increase of water reuse and recycling across sites
- As at 31 dec 2024
- New target
Our decarbonization strategy
-42%
Scope 1 & 2
emissions by 2030 vs.2021 baseline
-25%
Scope 3
emissions by 2030 vs.2021 baseline
Our commitment is translated into measurable objectives: in 2024 the Science Based Targets initiative (SBTi) approved our GHG reduction goals positioning Italmatch among the companies aligned with the Paris Agreement’s 1.5°C scenario.
We care for people.
Through our Diversity, Equity, Inclusion & Belonging principles, we promote a culture of well-being, engagement and growth, ensuring fair living wages and continuous development for all our people.
22,7%
women in managerial positions
Great Place To Work
in USA, China, Brazil and India
Our Commitment to
The focus on people and communities is a fundamental pillar of our sustainability strategy. This commitment translates into a series of initiatives aimed at promoting an inclusive corporate culture, enhancing talent, protecting workers’ health and safety (also by increasing the dissemination of certified management systems) and strengthening the link with the territories in which we operate. At the same time, we work to promote the growth and well-being of people, measuring employee engagement in order to guide improvement actions, and consolidating the connection with local communities through active and structured participation.
Our Targets
+10% women in management roles by 2026
- As at 31 dec 2024
- Women manager 22,7% (20% as at Dec 23)
> 70% personnel covered annually by training through our corporate LMS by 2026
- As at 31 dec 2024
- Group LMS launched in 2024 – 78% employees trained
By 2027 achieving living wage certification for all employees
- As at 31 dec 2024
- Living Wage assessment performed, corrective actions ongoing
>70% white collar involved in performance development process by 2026
- As at 31 dec 2024
- Performance & development process, pilot in progress
Conduct an employee engagement survey every year to measure and improve employee satisfaction and belonging annually.
- As at 31 dec 2024
- Employee engagement survey performed; baseline for next years’ assessment set
By 2026 Engage at least 60% of managers and white collars into the employee survey on social dialogue and well-being corporate approach.
- As at 31 dec 2024
- Managers’ training course – Bocconi Oct 24
>85% of plant employees covered by HSE training every year
- As at 31 dec 2024
- Reported data as at end 2024 show a training coverage > 90%
Monitoring H&S risk assessment coverage in Group’s plant and offices
- As at 31 dec 2024
- Manchester plant certified ISO 45001
At least 3 events/year per region following corporate guidelines.
- As at 31 dec 2024
- Designed guidelines for local engagement
We lead with integrity.
Strong ethics, transparent reporting and responsible procurement, supported by a structured ESG governance model, ensure accountability, alignment and continuous excellence across our organization, keeping Italmatch among the top ESG performers.
CDP Climate
A
CDP supplier engagement
A-
Ecovadis
GOLD
Achilles
85/100
Our Commitment to
Solid and transparent governance is fundamental, both to guarantee a way of doing business inspired by social values and reflected in our Code of Ethics, and in the field of sustainability in order to continue strengthening our strategy and our results in the ESG area. The results obtained, the EcoVadis Gold rating and the A- rating of CDP testify to the effectiveness of the path undertaken and the constant positioning among the leaders in our industry.
In parallel, we promote an ethical business model thanks to constant training (mandatory for new hires) on key issues such as compliance, anti-corruption, conflicts of interest, antitrust (and fair commercial policies), fraud and money laundering.
Sustainability is also integrated in supply chain qualification, where ESG factors are part of the potential supplier profile, and compliance with ESG principles is an integral part of commercial agreements.
Finally, the matters of digitalisation and cybersecurity are addressed with a rigorous and preventive approach. Regular external controls and systematic audits have been implemented on the entire IT infrastructure.
Our Targets
Train at least 60% of managers and white collars as at end 2026 and, yearly, all the new hired employee on anti-corruption practices, conflict of interest, fraud, money laundering topics.
- As at 31 dec 2024
- Learning system started in October 2024
+ 10 suppliers per year assessed on ESG criteria through Ecovadis.
- As at 31 dec 2024
- + 13 suppliers screened through Ecovadis compared to Dec. 2023
Maintain Italmatch’s ESG rating in the top quartile.
- As at 31 dec 2024
- CDP rating A-
- Ecovadis GOLD achieved in 2024
Maintain a yearly third-party assessment and audit our IT infrastructure security covering 100% of our sites.
- As at 31 dec 2024
- Cyber Essentials 2025 UK certification – achieved
- Certification according to SACS 002 – achieved
We innovate sustainable chemistry.
Our R&D teams is committed to designing low-carbon, and high-performance chemical solutions that support our customers’ demands.
30
new products launched in 2025
79%
of our plants are covered by ISO 9001:2015 quality certification
Our Commitment to
For a commercial company such as Italmatch, product sustainability is obviously very material as it guarantees the strengthening of the “customer centric” approach through tools and solutions that support our partners, including in their green transition processes.
The activities focus on developing low carbon impact products (PCF), improving the carbon footprint of existing ones, green innovation and sustainable chemistry, innovative solutions for decarbonisation, circularity and processes electrification.
The adoption of digital tools for calculating the product carbon footprint (PCF tool) offers further support to our customers’ carbon accounting and decarbonisation process.
Our Targets
Support customers in their GHG inventory and green transition developing low PCF products.
- As at 31 dec 2024
- Meeting with main customer to develop common products’ decarbonisation strategies
Development of new grade of CMI antiscalant for membrane treatment (not P-based).
- As at 31 dec 2024
- Development and first industrialization trials (certifications for potable water treatment achieved). Small quantities for testing purposes delivered to customers.
Support customers transition providing PCF calculation through our PCF tool
- As at 31 dec 2024
- PCF tool implemented
- 70+ PCF delivered to customers
PCF delivered to 100% requesting customers (after signing NDA)
- As at 31 dec 2024
- All requesting customers received PCF within a month after signing NDA