Guala Closures – Investindustrial

Country: Italy
Region: Europe with 33 sites globally
Investor: Investindustrial

Established in 1954, Guala Closures Group (“Guala Closures” or the “Company”) is a world leader in the production of closures for spirits, wines, water, beverages and cooking/olive oil. Headquartered in Milan (Italy) employing 5,040 employees worldwide, Guala Closures is a world leading manufacturer of aluminum and specialty closures for spirits, with three product lines: safety, luxury and roll-on. In terms of reach, Guala Closures has a network of 33 sites, including 6 R&D facilities in Italy (2 centers), Bulgaria, Mexico, Ukraine, and UK, with products being sold in over 100 countries.

Sustainability

2021 Guala Closures Sustainability (Video – 03:52)

Diversity & Inclusion

Guala Closures Group – Diversity & Inclusion (Video – 02:43)

Gabriele del Torchio

CEO - Guala Closures Group

For Guala Closures Group, sustainability is a core part of our business. Not only does it enable us to achieve operational excellence, but also it is critical for employee and customer engagement and a tool we actively leverage in the marketplace.

Key environmental achievements

Carbon neutral for scopes 1 and 2 emissions since July 2021
Certified GHG inventory
SBTi commitment: Guala Closures S.p.A. commits to reduce absolute scope 1 and 2 GHG emissions 44% by 2030 from a 2020 base year. Guala Closures S.p.A. also commits to reduce scope 3 GHG emissions from purchased goods and services and fuel and energy related activities 25% per million manufactured closures within the same timeframe
38% of electricity consumption from renewable sources in 2021

Key achievements

Guala Closures is a complex manufacturing business with well-known, international customers and a global manufacturing footprint across 33 sites.
Committing to rigorous carbon emission reduction targets, such as the one they have made with the Science Based Target initiative (SBTi), is a challenging and ambitious initiative.
One of the key steps Guala Closures took several years ago in 2017, was to measure its carbon footprint across its entire oganisation. To facilitate this significant undertaking and to ensure data accuracy, the Company developed a bespoke software programme in collaboration with an experienced carbon consultant. This tool allows for data to be collected on a monthly, quarterly, and annual basis directly from each site, and serves as an essential tool for periodic internal and external audits as well as annual certification with external parties.
With an accurate and transparent carbon footprint in place, Guala Closures established a solid baseline from which to set future targets, but also, it enabled them to better understand the parts of their value chain that were generating significant GHG emissions and to develop action plans to address these emissions.
With a robust foundation in place (data, processes and targets), Guala Closures was in a position to execute against its action plan such as, but not limited to, moving to renewable energy, increasing the quantity of recycled materials in its products as well as sourcing more sustainable raw materials.
Setting science-based targets (SBTs) has provided Guala Closures the opportunity to improve efficiencies in its operations, strengthen customer relationships, some of whom have set SBTs themselves, and to differentiate themselves from their competitors.
Reducing carbon emissions provides Guala Closures with a tangible opportunity to practice its values and to motivate its employees.

Funding history

Guala Closures SPA delisted and was acquired in 2021 by a fund managed by Investindustrial, a leading European group of independently managed investment, holding and advisory companies.