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, stores and warehouses with natural gas and emissions from leaks of refrigerant gases from air conditioning units;
  • indirect energy (scope 2): electricity purchased from the national grid;
  • other indirect emissions (scope 3): employee travel for business reasons by plane, train, company cars and hire cars; paper production.

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.

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.

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

  • the availability of more detailed final data on the sales network;
  • the introduction to the reporting scope of the head offices and stores of Rizzoli Libri and Banzai Media Holding.

The electricity that Mondadori consumes in Italy, 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).

The introduction of the head offices and stores of Rizzoli Libri and Banzai Media Holding to the reporting scope is also the main reason behind the increase in emissions connected with electricity consumption (indirect energy emissions) between 2015 and 2016. In fact, in general consumption levels at other sites/stores have fallen mainly due to the energy saving measures carried out during the year.

The upwards trend in other indirect emissions (scope 3) is mainly connected with the changes to the reporting scope (acquisition of Rizzoli Libri and Banzai Media Holding). As illustrated in the table on p. 59, in fact, in the last three years there has been a fall in the consumption of paper used for the printing of the editorial brands (excluding the Rizzoli brands), from 78,906 tonnes in 2014 to 60,754 tonnes in 2016.

As regards the emissions deriving from employee business trips, there was an increase in emissions mainly due to the inclusion of the data relating to the newly-acquired companies.

Italy

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
33,93029,52933,990
  • Emissions related to business trips
1,4251,2191,382
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

As regards the activities that Mondadori carries out in France, the greenhouse gas emissions considered within the reporting scope of the GHG survey are as follows:

  • direct (scope 1): emissions from leaks of refrigerant gases from air conditioning units;
  • indirect energy (scope 2): electricity purchased from the national grid;
  • other indirect emissions (scope 3): employee travel for business reasons by plane, company cars and hire cars; paper production.

Direct emissions are exclusively connected with leaks of refrigerant gas from air conditioning units: no gas leaks were recorded in either 2014 or 2015 but in 2016 it was necessary to recharge the conditioners in the French sites with a total of 116 kg of refrigerant gas, the equivalent of 246 tonnes of CO2.

As regards indirect emissions from energy consumption, Mondadori France uses electricity both for the heating and lighting of its buildings. The reduction in CO2 emissions recorded in 2016 (117 tonnes) compared with those of 2015 (118 tonnes) can mainly be attributed to the measures taken from 2015 to reduce electricity consumption.

Finally, as for the other indirect emissions (scope 3), the downwards trend registered in recent years is mainly due to the reduction in the consumption of printing paper, which has fallen from around 53,600 tonnes in 2014 to around 45,800 tonnes 2016, corresponding to a 14% reduction in CO2 emissions (which have gone from 23,046 in 2014 to 19,711 tonnes of CO2 in 2016). Completing this analysis, there has also been a reduction in emissions connected with business trips, which have fallen from 258 tonnes of CO2 in 2014 to 183 in 2016.

France

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
23,04620,79019,711
  • Emissions related to business trips ¹
258220183
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 Mondadori Group’s overall emissions in 2016, equal to almost 63,000 tonnes of CO2 equivalent, correspond to the emissions generated by about 53,300 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 internal awareness about possible 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 2016 and in the past, such as, for instance, the implementation of energy efficiency measures in buildings, the reduction of printing paper consumption, and the updating of the car fleet with lower emission models .

Initiatives to reduce environmental impact

Paper and sustainability
In response to the requirements of the “Eco-contribution”, in recent years Mondadori France has undertaken a number of actions to alter the format and weight of its magazine paper. In the last three years, these measures have enabled it to make a 4% reduction in the average amount of paper consumed per copy, going from 239 grams in 2014 to 229 grams in 2016.

Energy saving activities carried out in 2016 – Italy
As in 2015, plenty of attention was focused on the issue of energy savings in 2016; more specifically, measures were taken at the Segrate site and in some Mondadori bookshops.

Some of the measures described below were carried out in 2016; as such, their benefits will be tangible in 2017. Other activities are taking place or are currently at an advanced evaluation stage, and will be concluded in the next few years in order to continue along the virtuous path undertaken.

Segrate Site
The Air Ventilation Unit in the training classrooms, which had become obsolete, was replaced with a geothermal system with heat recuperators used on external air. In addition, with the installation of the new system the inefficient electric heat barriers at the North entrance were replaced with direct expansion units. The new system has a remote management system and permits annual savings of around 16,000 m3 of gas and 15,000 kWhel, at the same time guaranteeing excellent flexibility of use and a significant reduction in noise pollution.

The upgrading of the control and management system software continued and aims to reduce the amounts of external air treated when employees are not present in the office, to accelerate full operation in the rooms and to optimise start-ups. Activities in 2016 concentrated on the automation of the building’s thermal requirements in relation to external conditions, the number of employees present in the building and the greater splitting of the treated areas. The estimated annual savings made amounted to approximately 15,000 m3 of gas and 15,000 kWhel.

In the period between February and May 2016 the fluorescent tubes were replaced with new luminous LED sources. More specifically, around 5000 fluorescent bulbs, the majority with an output of 58 W, were removed and replaced with LED technology tubes which have similar lighting performances but reduce consumption by 50%. This measure made it possible to cut consumption by 450,000 kWhel a year, the equivalent of the entire building’s electricity consumption during a winter month.

Cascina Tregarezzo Site
A geothermal heat pump was installed for the production of hot water in the summer. This measure allows for estimated annual energy savings of around 10,000 m3 of gas and 7000 kWhel and guarantees greater flexibility of use of the system with a summer switch-off.

Fiumicino Bookshop
In order to upgrade the existing system, now obsolete, a new fourth-generation VRV inverter technology system was installed which has substantially improved environmental conditions, with benefits for the business and in terms of flexibility of use, enabling annual savings of around 30,000 kWhel.

Marcianise and Turin Bookshop
Remote control and management systems were installed with settings designed to provide energy savings estimated at around 10% of the energy consumed by air conditioning activities.

Varese Bookshop
Replacement of part of the air conditioning system in the entrance area and consequent substitution of the electric heat barrier at the entrance with a direct expansion unit. The system has a remote management system and permits estimated annual savings of around 10,000 kWhel.

New Arese and Genoa Bookshops
Installation of high energy efficiency systems with fourth-generation VRV inverter technology, heat recuperators used on external air and remote management and control system.

Energy saving activities planned for 2017 – Italy

Segrate Site
The work to split the inductor 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 hot and cold inductor pumps, is currently at the request for quotations phase. The aim of this measure is to obtain energy savings in view of the notable flexibility of the system, which will also make it possible to use each floor for a different purpose.

A system for the management of CAV boxes in the offices on the fifth floor is currently at the request for quotations phase. The aim of the measure is to achieve energy savings, greater system flexibility and enable automated adjustment activities.

The installation of a system to manage CAV boxes on the “Foglia” floor, as a conclusion to the one developed some years ago in the “Sottofoglia”, is at the design stage. The aim of the measure is to achieve greater energy savings, greater system flexibility and enable automated adjustment activities.

The installation of an inverter on well pumps to reduce water and electricity consumption during the night and the winter is at the design stage.

The replacement of the external lighting system at Palazzo Niemeyer with new LED lights is currently taking place.

Bookshops
A project to redevelop the systems of the Milan Marghera, Varese and Florence bookshops and to introduce remote management and adjustment systems in the Milan Galleria Vittorio Emanuele, Casalecchio and Duomo bookshops is at the design stage.

Waste management
With the goal of optimising and guaranteeing the consistency of the waste management process in accordance with the laws in force, in 2016 Mondadori Italia approved a procedure consisting of four phases:

  • the classification of waste: this phase involves the identification of the EWC (European Waste Catalogue) code, which corresponds to each category of waste treated, through the filling out and updating of the “Waste description” form;
  • the management of collection points: waste is disposed of at specific collection sites according to type;
  • transfer to transporter: this phase involves the management and coordination of transport at authorised disposal sites;
  • filling out of the Environmental Declaration Form.

2016 also saw the approval of a procedure designed to streamline the management process of some underground waste tanks in order to exercise greater control over their correct maintenance.

The process consists of two phases:

  • the census of the tanks, which mainly involves locating the tanks and describing their main technical features;
  • the planning of maintenance and monitoring activities according to the installation date and condition of the underground tanks.

Measures to reduce environmental impact – France
As regards the environmental impact connected with the French site, Mondadori France employs the services of a third-party company which is tasked with monitoring the main goals the company sets itself in terms of electricity consumption and waste management.

In particular, following the obligations stemming from the 2014 European Directive on energy efficiency, in 2015 Mondadori France introduced a series of actions aimed at improving the energy performances of its offices and warehouse, i.e.:

  • the planned closure of offices (car park included) at night, between midnight and 6 a.m. (as well as on Sundays and public holidays), and the automatic switching off of the lights at 8 p.m., unless there are still employees present in the building;
  • in the Trait-d’Union building, the temperature is managed by a central heating and air conditioning system equipped with the most advanced domotics technologies. The automated system prevents energy wastage and offers the limited possibility of manually regulating the temperature, ventilation speed and lighting using remote controls distributed in common areas. The system automatically comes on line when it detects the presence of employees in common spaces and automatically switches off when the space has not been used for 30 minutes. The temperature can be adjusted manually up to 3°C higher or lower than the set standard temperature. Lighting and ventilation speed can also be adjusted manually.

Finally, to promote recycling in the offices, special temporary paper bins have been provided for each desk so that paper waste can be transferred at a later stage to the main paper recycling bin that is located on every floor in the printing area and emptied once a week. Similarly, a number of specific bins are found on various floors for the collection of used batteries and printer ink cartridges. These are emptied once a month.

Business travel – Italy
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.

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

 

Type2014*2015*2016
Owned vehicles1588
Leased vehicles143109142
Total150

* 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 last year the company fleet grew from 117 vehicles to 150 following the acquisition of Rizzoli Libri and Banzai Media Holding, which account for 35 of the 142 leased vehicles. The number of company-owned vehicles compared with 2015 (8 cars) remained unchanged, meanwhile.

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), in 2016 there was an increase in the number of vehicles with an emission class between E and B. This is because of the inclusion of the cars belonging to the acquired companies (Rizzoli Libri and Banzai Media Holding) in the company fleet.

The increase in the average value of emissions deriving from the inclusion in the company fleet of the vehicles belonging to the acquired companies was in any case offset by a general reduction in the average emissions of the Mondadori fleet, making it possible to achieve a class C average emission value (132gCO2/km) for Mondadori also in 2016.

The close attention that Mondadori focuses on the average emissions class of the company fleet is the result of the update it made to 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 deriving from business travel (37% and 49% respectively) also in 2016.

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 2016, around 60,994 passengers used the service to go to the site, slightly down compared with the 2015 figure (61,500).

Reporting

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
Mondadori868598
Consumer discretionary sector (average)667872
Media industry (average)618365
Performance score201320142015
MondadoriCCC
Consumer discretionary sector (average)CCB
Media industry (average)CCC