TIM's environmental strategy is based on a concrete plan of challenging but achievable goals. This has also been confirmed by the validation of our emission reduction targets by the Science Based Target initiative*, the international organisation that promotes the setting of measurable climate footprint reduction targets and independently validates them to support companies in the transition to a sustainable economy.
Specifically, there are two targets certified by SBTi that TIM has set itself to achieve by 2030 (compared to 2019):
- Reduce emissions from the company's production activities and from the purchase of electricity by 75% ( Scope 1 and Scope 2) by purchasing 100% renewable energy by 2025 and by adopting energy efficiency measures on company assets, and promoting the progressive electrification of the company fleet.
- Reduce the emissions produced upstream and downstream of the production cycle (Scope 3) by 47%, particularly those related to the purchase of goods and services, capital goods and the use of products sold, by choosing suppliers according to ESG criteria, introducing sustainability parameters in procurement and tender procedures, and introducing IoT solutions and environmentally friendly products.
By achieving these goals, TIM aims to achieve Carbon Neutrality by 2030 and Net Zero emissions by 2040.