SBTI endorses Mundys emissions reduction targets

The implementation of the commitments undertaken by the global group in the infrastructure sector on the ESG front continues

The implementation of the commitments undertaken by continues Mundys on the Esg front. To certify the CO2 emission reduction objectives, which the global group in the infrastructure sector has assumed globally involving all its assets, is SBTi (Science Based Target initiative), partnership formed by CDP (ex-Carbon Disclosure Project), United Nations Global Compact, WRI (World Resources Institute) and WWF – considered the international reference for the assessment of the decarbonisation targets of companies in line with scientific indications. SBTi considered the targets for the abatement of direct emissions (Scope 1 and 2) of Mundys adequate to keep global warming within a trajectory of 1.5°C. This is the most ambitious target envisaged by the SBTi protocol and adopted today by a few groups active in the motorway and airport sector.

The objectives

These, in detail, are the approved objectives:

  • 50% reduction of direct emissions (scope 1 and 2) across the Group by 2030 – compared to the base year of 2019;
  • collaboration with the upstream and downstream value chain for the reduction of indirect emissions (scope 3) compared to the reference base year of 2019: -22% per km traveled on highways in relation to materials for the maintenance and operation of infrastructures ;
  • -50% of issues under the direct control of companies in which Mundys has a minority stake;
  • involvement of airlines to commit themselves to define decarbonisation targets in line with science.

Initiatives in progress

In 2022, the Group has already reduced its direct emissions by 26% thanks to the initiatives it is implementing and which include investments in the efficiency and energy transition of infrastructures such as:

  • the massive adoption of LED lighting,
  • replacement of heating and cooling systems,
  • the electrification of corporate fleets,
  • the installation of over 60 MW of solar plants on managed infrastructures.

Currently, two thirds of the electricity used already comes from renewable sources and all the controlled airport companies are working to zero emissions under direct control already by 2030.

Sustainable business

Mundys contributes toUnited Nations Agenda 2030 promoting a sustainable business model along its entire value chain. Currently, more than 70% of the materials used in the operation and maintenance of highways they are already recovered and feed the circular economy processes. The airports managed are installing over 5,000 charging points for electric vehicles to serve passengers and the entire airport ecosystem. THE technology servicessuch as the digital payment solutions of Telepass ei intelligent transportation systems by Yunex Traffic, help reduce traffic congestion, air pollution and CO2 emissions.