We are deeply committed to the fight against climate change: the reduction of greenhouse gas emissions is one of the pillars of the Group’s environmental policy.

Furthermore, the continual update of our materiality analyses is a mark of how climate change is one of the most important issues for us and our stakeholders.

The greenhouse gas emissions considered within the reporting scope of the GHG survey are as follows:

  • direct (scope 1): heating of offices and warehouses with natural gas (emissions factor taken from the table of national standard parameters published by the Italian Ministry of the Environment);
  • indirect energy (scope 2): electricity purchased from the national grid (emissions factor taken from Terna international comparisons on Enerdata figures – 2013 data);
  • other indirect emissions (scope 3): employee travel for business reasons by plane (emissions factor taken from Defra databases), train (emissions factor taken from the 2014 Sustainability Report of Ferrovie dello Stato Italiane), company cars (specific emissions factors per individual car model) and hire cars (emissions factor deriving from emission classes according to the eco-label developed by ADEME – Agence de l’Environnement et de la Maîtrise de l’Energie); paper production (emissions factor taken from the Confederation of European Paper Industries [CEPI] “Key Statistics 2014” document).

Other significant scope 3 emissions were identified in the processes relating to the logistics of raw materials (paper) and finished products; because of the difficulties in collecting reliable data relating to these flows, currently these emissions are only partially recorded and may be explored more thoroughly in the next few years.


Greenhouse gas emissions (Tonnes CO2)2014*2015*2016
Direct (scope 1) ¹1,2321,0021,082
Indirect energy (scope 2) ²6,8466,2756,249
Other indirect emissions (scope 3) ²35,35530,74835,372
  • Emissions related to paper production
  • Emissions related to business trips
Total emissions42,702

* For 2015 and 2014, the indirect energy emission values (scope 2) and those related to business travel (scope 3) were recalculated excluding Monradio

1 For 2016, the CO2 emissions connected with leaks of refrigerant gases from air conditioning units were estimated as being equal to those calculated for 2014 because it was decided that, as part of a conservative approach, the highest value from among those available would be used (2014)

2 The 2014 and 2015 indirect energy emission values (scope 2) and other indirect emission values (scope 3) were re-calculated with respect to the 2015 Sustainability Report following the updating of the emissions factors available for calculation


Greenhouse gas emissions (Tonnes CO2)201420152016
Direct (scope 1)246
Indirect energy (scope 2)103118117
Other indirect emissions (scope 3)23,30421,01019,894
  • Emissions related to paper production
  • Emissions related to business trips ¹
Total emissions20,257

1 For the years 2014 and 2015 the CO2 emissions related to business trips made by plane were estimated as being the same as those calculated for 2016, the only year for which data are available. As regards company cars, CO2 consumption in 2014 was estimated as being equal to that of 2015 as, with the data for 2014 not available, it was decided that, as part of a conservative approach, the highest value from among those available would be used (2015).

The majority of the buildings and stores considered in the scope of the Sustainability Report are heated through the use of natural gas. A few buildings represent an exception because they are heated by electricity-fuelled heat pumps. Most of the natural gas consumption figures were accurately measured; when this was not possible, estimates based on conservative assumptions were used (see Other figures, for more details).

The downward trend as regards direct emissions is connected with two main factors:

  • the reduction in natural gas consumption, connected with the company site reorganisation process (begun in 2012) and the installation of new heating systems with more efficient performances;
  • the closure, in March 2015, of the Brescia warehouse, which consumed diesel oil.

The electricity that Mondadori consumes in Italy (see Other figures, for further details), entirely drawn from the national grid, is used for:

  • lighting, air conditioning and equipment (e.g. PCs, printers) in the offices and stores;
  • lighting and equipment in the warehouses;
  • recharging electrical vehicles (Segrate) and forklift trucks (warehouses);
  • radio signal antennas.

As regards emissions related to the consumption of electricity (indirect energy emissions), the reduction observed in 2015 compared with 2014 can mainly be attributed to the company site reorganisation process that began in 2012 and the energy saving measures carried out during the year in some stores.

The downtrend trend in other indirect emissions (scope 3) is mainly the result of the reduction in paper consumption for printing (from 83,767 tonnes in 2013 to 68,536 tonnes in 2015). As regards the emissions deriving from employee business trips, there was a decrease in emissions mainly due to initiatives to reduce the use of company cars and use vehicles with low CO2 emissions.

Mondadori’s overall emissions in 2015, equal to approximately 40,530 tonnes of CO2 equivalent, correspond to the emissions generated by about 33,000 medium-sized vehicles that have each driven 10,000 km.

The emission measurement process implemented in recent years has enabled the company to establish the calculation criteria and was used as a baseline for raising awareness within Mondadori about possible internal policies for the reduction of the greenhouse gases generated by its activities. In this regard the Group has already launched a number of projects to mitigate its emissions, both in 2015 and in the past, such as, for instance, the implementation of energy efficiency measures in buildings and the updating of the car fleet with lower emission models.

Initiatives to reduce environmental impact

Paper and sustainability
Aware of the environmental impact of its paper products, in 2015 Mondadori Retail promoted two initiatives to streamline the printing process and reduce unsold products:

  • the Print on demand service makes it possible to print books on request directly in the Piazza Duomo store in Milan (and have them sent to all other stores in the network), with the same degree of quality as books generally found in a bookshop, choosing from a catalogue of over 7 million titles in both Italian and other languages. This system makes it possible to reduce production, transport, storage and disposal waste.
  • the introduction of a more efficient delivery and reorder system, reorganised so that the process of printing and distribution to directly-managed and franchise stores is aligned with demand as closely as possible.

Actions on the air ventilation and LED lighting systems in 2015

As in 2014, plenty of attention was focused on the issue of energy savings in 2015; more specifically, measures were taken at the Segrate site and in some Group bookshops.

The actions carried out in 2015, described below, were partially planned in 2014 and their benefits will be felt in 2016. Other actions are currently at an advanced assessment phase so we can continue on the virtuous journey we have undertaken.

  • Segrate Site – the boilers in the thermal power station were replaced with new high-yield and fume heat recovery boilers and the entire distribution, management and control system was reviewed. The decision to adopt high-yield boilers with lower running temperatures made it possible to reduce consumption and eliminated the need for the continuous presence of a qualified stoker. Annual energy savings are expected to amount to approximately 20,000 m3 of gas and 30,000 kWh of electricity.
  • Segrate Site – continuation, in 2015, of the installation of inverters on the main ventilators in the building and on secondary fluid distribution pumps, integrated with the supervision systems to optimise output. The potential annual savings are estimated at approximately 50,000 kWh of electricity (kWhel).
  • Segrate Site – the upgrading of the control and management system software continued and aims to reduce the huge amounts of external air treated when employees are not present in the office, to accelerate full operation in the rooms and, finally, to optimise start-ups. These changes will enable the company to simultaneously manage heating requirements, external conditions and the number of employees present in the building, having a modest impact in terms of modifying the systems and focusing on improving software logic. The potential annual savings are estimated at approximately 20,000 m3 of gas and 20,000 kWhel.
  • Segrate Site – 2015 saw the continuation of the process to replace the switchboards in the Foglia building to comply with the regulations, and the consequent improvement of the system to switch the lights on and off.
  • Segrate Site – the current lighting system in the Palazzo and the Foglia building is being replaced with an LED system: this process will involve all light fittings for a total of around 5,250 fluorescent tubes. With no change to the overall lighting level, the overall estimated energy saving is 450,000 kWhel/year, resulting in savings of around 80,000 euro/year. Furthermore, because of their greater efficiency, it is likely that the heat input of the LED lights is considerably lower, an overall average capacity of 130 kW, with a consequent reduction in the heat input emitted into the atmosphere.
  • Segrate Site – an electricity consumption remote reading system has been installed in order to measure actual consumption (separated into light/driving force/other) and assess possible new measures to carry out on existing systems to improve energy efficiency.
  • Mondadori Megastore in Piazza Duomo, Milan – During the redevelopment work on the ground floor and other rooms in the bookshop, a system with 4th generation VRV inverter technology was installed to join and replace the traditional system and the electric air barriers at the entrance. As well as significantly improving the environmental conditions to the benefit of sales activities, it was also possible to generate savings of around 10,000 kWhel/year.
  • Bookshop restyling & new openings – during the redevelopment of the Mondadori Megastore in Piazza Duomo, the current lighting system was replaced with LED fittings in the areas that underwent work. The same also happened in the new stores in Via San Pietro all’Orto in Milan and Rome-Lunghezza.

Energy saving activities planned for 2016

  • Cascina Tregarezzo Site – a geothermal heat pump is being installed for the production of hot water with the goal of obtaining energy savings and greater system flexibility.
  • Segrate Site – the splitting of the induction air conditioning system of the main building through the sectioning of hydraulic distribution into four macro areas per floor, managed by temperature sets, and the installation of inverters on the relative pumps, is currently at the advanced study phase. The aim of this measure is to obtain energy savings in view of the notable flexibility of the system, which would also make it possible to use each floor for a different purpose.

Company car fleet and business travel
Since 2008 Mondadori has gradually been replacing its car fleet with cars on long-term leases.

Business trips taken by Mondadori employees are mainly for the following purposes:

  • meetings with customers;
  • travel for editorial features;
  • meetings with suppliers;
  • meetings at other company offices;
  • participation in events.
Owned vehicles1588
Leased vehicles143109142

* The 2014 and 2015 data differ from those reported in the 2015 Mondadori Group Sustainability Report as the calculation was updated following the departure of Monradio from the reporting scope

In the past few years, the number of vehicles in the company car fleet has steadily fallen, from 187 cars in 2013 to 119 in 2015. In particular, the number of company-owned vehicles has fallen by 60%, going from 20 units in 2013 to 8 units in 2015.

The renewal of the car fleet and the choice of a supplier sensitive to sustainability issues has enabled the company to achieve excellent results in terms of environmental performance.

With reference to the classification of vehicles by “emission classes” according to the eco-label developed by ADEME (Agence de l’Environnement et de la Maîtrise de l’Energie, the French technical agency specialised in the research and dissemination of information regarding energy, environmental protection and sustainable development), the reduction in the fleet size is reflected in all classes of vehicles except for the number of class A vehicles (the class of vehicles with the lowest CO2 emissions), which rose in 2015.

Even if in 2015 the value of the average emissions of the entire fleet were categorised as class C, the renewal of the company fleet led to a further reduction in average CO2 emissions per kilometre travelled: in fact, this figure fell from 140 gCO2/km in 2013 to 131 gCO2/km in 2015.

The improvement in the average emissions class of the Mondadori fleet is also the result of the updating of its car policy in 2014, in association with its vehicle supplier. This update was carried out with the aim of improving environmental performances through measures such as the reduction of the engine sizes of the cars available and the reduction in leasing times to a standard 48 months, where possible and compatible with user safety, which remains the primary concern of fleet management.

Confirming the trend recorded in the past three years, company cars and planes were mainly responsible for the CO2 emissions from business trips (36.3% and 53.2% respectively) also in 2015.

Company shuttle
Mondadori operates a shuttle service, operated by an outsourced partner, for employees, members of staff, suppliers or guests of the company to and from the Segrate site. In 2015, around 61,500 passengers used the service to go to the site, up compared with the 2014 figure (50,090).


In 2015 too we participated in the Carbon Disclosure Project Climate Change programme, achieving a score of 98/100 with regard to our level of disclosure on issues related to climate change, improving our performances of previous years (86/100 in 2013 and 85/100 in 2014) and placing ourself above the national average of 73/100. The high score obtained underlines the attention that we pay to the risks and opportunities for our business linked to climate change, as well the adequacy of our internal systems for the management and reporting of data relative to greenhouse gas emissions.

More specifically, participation in the CDP questionnaire represents an opportunity to:

  • transparently inform its stakeholders of its greenhouse gas emissions and the measures in place to reduce them and to manage climate change-related issues within the company;
  • identify and explore the risks and opportunities relating to climate change, particularly in relation to potential changes in national and international legislation, changes in physical climate parameters and reputational risks and opportunities;
  • identify the areas where it is possible to improve energy efficiency, while at the same time reducing greenhouse gas emissions and the operating costs associated with purchasing energy.

Through our CDP questionnaire, we not only report and disclose our direct and indirect energy emissions (objectives 1 and 2), we also provide details of two categories of indirect emissions (objective 3) that relate to the company business: emissions arising from work-related travel and the production of the paper needed for material printed by Mondadori’s suppliers.

The objective of the next round of CDP questionnaires is two-fold: first, to confirm the excellent disclosure levels we have obtained over recent years and second, to continue to improve in terms of performance. The performance score assigned by the CDP takes into account the measures actually implemented by companies to help mitigate and adapt to climate change, as well as to ensure greater transparency towards stakeholders as regards these issues.

Disclosure score201320142015
Consumer discretionary sector (average)667872
Media industry (average)618365
Performance score201320142015
Consumer discretionary sector (average)CCB
Media industry (average)CCC