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From ESG strategy to accountable action

ESG governance helps turn sustainability commitments into clear responsibilities, measurable goals and transparent decisions. Sustainability is integrated into the Group’s decision-making processes through the Board of Directors of CAREL INDUSTRIES S.p.A., the Sustainability Executive Director, the Control, Risk and Sustainability Committee and the ESG Team. 

This governance model supports transparent reporting, open stakeholder dialogue and long-term value creation. It also connects daily decisions and strategic priorities with the multi-year Sustainability Plan, the Climate Transition Plan and annual ESG reporting. 

Sustainability governance in CAREL’s corporate decision-making

Sustainability governance is embedded in corporate decision-making. The Board of Directors defines the company’s and the Group’s strategies in line with sustainable success, and approves the engagement policies, the multi-year Sustainability Plan, the Climate Transition Plan and the annual Sustainability Report.

CAREL’s ESG governance model assigns clear responsibilities to dedicated bodies and functions. This structure connects sustainability targets with business planning, control activities and stakeholder dialogue. For CAREL, sustainability is not a separate reporting layer: it is a management approach that supports accountable decisions across the Group.

Board of Directors

Approves strategic ESG documents, including the Sustainability Plan, Climate Transition Plan and annual Sustainability Report. 

Sustainability Executive Director

Defines the Group’s sustainability vision and strategy, monitors improvement objectives and coordinates stakeholder engagement.

Control, Risk and Sustainability Committee

Supports the Board in assessing sustainability topics, reviewing targets and monitoring regulatory changes.

ESG accountability through measurable KPIs

At CAREL, ESG governance becomes concrete through clear coordination, measurable targets and shared accountability. An ESG Team supports sustainability activities, reporting and progress monitoring across Group areas, while executive roles and incentive schemes are linked to specific environmental, social and governance objectives.

Dedicated KPIs help track progress on key priorities such as emissions reduction, renewable energy, Climate Transition Plan implementation, people development, governance systems and gender equality. 

58%

Renewable energy as part of total energy consumption in 2025. 

1,207 MWh

Self-produced electricity from photovoltaic panels in 2025. 

-72%

Market-based Scope 2 emissions reduction compared with 2023. 

-3%

Scope 1 emissions reduction compared with 2023.

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