Leonardo reported that 64 pc of its workforce holds STEM qualifications, while more than 37,000 employees received sustainability training over the past year
As companies step up investments in climate transition, Italian defence and aerospace major Leonardo has unveiled a EUR 1.2 billion plan to integrate emissions reduction, resource efficiency and supply chain resilience into its long-term business strategy.
In a press statement, Leonardo says that the initiative integrates climate and environmental measures into its long-term business strategy.
The statement adds that the plan is built around three pillars, namely ambition, actions and accountability and focusses on climate strategy, investments, resource use, circularity, workforce development and digital technologies.
Leonardo says that it has linked 79 pc of its financing to environmental, social and governance (ESG) parameters through dedicated financial instruments. The company also reported that 64 pc of its workforce holds STEM qualifications, while more than 37,000 employees received sustainability training over the past year.
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The company adds that its environmental performance has improved alongside business growth. Compared with its 2019 baseline, revenue has increased by 41 pc, while Scope I and Scope II market-based emissions have fallen by 44 pc from 2020 levels. During the same period, external electricity purchases declined by 32 pc, water withdrawals by 23 pc and waste generation by 22 pc.
The transition plan also strengthens its approach to climate-related risks across the supply chain, with increased attention on critical raw materials through initiatives such as the CRM4Defence project.
The company says that it has retained its position in the Dow Jones best-in-class indices for the 16th consecutive year, receiving the highest score in the aerospace, defence and security sector.