Consolidated Sustainability Statement

The report presents Piaggio's first sustainability statement prepared in accordance with ESRS and the CSRD, supported by a new double materiality assessment. The company committed to a 42% reduction in production-related Scope 1 and market-based Scope 2 emissions by 2030 from a 2022 base year. In 2024, total energy consumption was 128,106 MWH, including 1,835 MWH from renewable sources, while Scope 3 emissions totaled 4,712,664 tCO2eq across the reported categories. The Group reported 5,721 employees and zero work-related fatalities.