Leonardo: 1.2 billion in investments linked to the climate transition
The defence giant has launched its Transition Plan 2026: direct emissions have been reduced by 44% since 2020
Leonardo has launched its 2026 plan for environmental transition and estimates that investments linked to climate targets, as part of its current business plan, will total 1.2 billion euros. The 2026 Transition Plan is based on the concepts of Ambition, Actions and Accountability, explains a statement, which encompass climate strategy, investment, natural resource management and circularity, “alongside a just transition focused on skills, inclusion and people. The digital transition acts as a cross-cutting enabler of the plan, integrating data, technologies and skills to support the achievement of the defined objectives.”
The statement highlights that Leonardo, ‘against a 41% increase in revenue compared with 2019, has reduced its direct Scope I and Scope II market-based emissions by 44% (compared with 2020), with a 32 per cent reduction in electricity purchases from the external grid, a 23 per cent reduction in water withdrawals and a 22 per cent reduction in waste (compared with 2019)’. At the same time, the company explains, “79 per cent of Leonardo’s funding sources are now linked to ESG parameters through dedicated instruments, confirming the growing integration between sustainability, financial strategy and the management of
'capital'.
As regards the focus on human capital and skills, 64 per cent of the group’s workforce has STEM skills, and over 37,000 employees have taken part in training programmes on sustainability issues over the past year. Leonardo’s strategy, the statement concludes, “continues to receive international recognition: the group has recently been confirmed as an ESG leader in the Dow Jones Best-in-Class indices for the sixteenth consecutive year, achieving the highest score in the Aerospace, defence & security sector”.
