Transition 5.0 represents a key concept in today's landscape of rapid technological and social change. This term encapsulates a futuristic vision of industry and commerce in which technological innovation merges with increasing social and environmental awareness.
Transition 5.0 represents the fifth industrial revolution, an evolution from the Transition 4.0 plan that aims to increase energy efficiency and promote self-generation of renewable energy in businesses, shifting the focus from mere productivity to the well-being of people and the environment.
Three are the basic pillars of Transition 5.0:
Centrality of the human being: greater emphasis is put on human-machine collaboration, improving the quality of life and work environment.
Sustainability: sustainable practices are integrated to reduce the environmental impact of the industry.
Resilience: businesses are flexible and can adapt to global challenges such as climate change.
In detail, this is an incentive plan for the digitization and sustainability of Italian businesses, which was approved by the Council of Ministers on January 31, 2024, and will remain in force until the end of 2025. The plan, aimed at businesses of all sizes, offers several opportunities for subsidized investment aimed at boosting energy efficiency, adopting innovative technologies, and promoting sustainability. To qualify for the tax credit, two certifications must be obtained: one related to the quality of the capital goods purchased and one related to energy savings, which must be at least 3%, or the reduction in CO2 emissions.
The machine tool sector is one of the main beneficiaries of the Transition 5.0 plan, which offers tax incentives for the purchase of innovative and sustainable capital goods. Indeed, machine tools are essential for the digital transformation and reduction of the environmental impact of the manufacturing industry, which accounts for 20% of Italy's GDP. The Transition 5.0 plan provides a 40% tax credit for investments in machine tools that meet energy efficiency, CO2 emissions reduction, connectivity, and interoperability requirements. The tax credit can be combined with other incentives under the NRRP [(Italian) National Recovery and Resilience Plan], such as super depreciation, hyper depreciation, and training bonus. This means that businesses that invest in transfer machines can improve their productivity, reduce operating costs, increase competitiveness, and contribute to the ecological transition.
The Bugatti Group has placed eco-sustainability at the center of its philosophy, along with two other concepts: ecology and well-being.
In 2017, the hydroelectric power plant was put into operation, covering a large part of the energy needs, and aiming in the short term to cover 75% from alternative sources. An important goal, for a better and 100% renewable future. Pursuing the same philosophy as the Bugatti Group, of which it is an integral part, the Picchi company respects human values and the environment. Thus, Picchi's operations also support the sustainability plan implemented by the Group by equipping the Transfer Machines with a system to recover the energy developed by the motors used during deceleration. This energy is recovered and, if not used, put back into the grid for the benefit of energy savings and lower production costs. In the same time unit, a transfer machine produces larger volumes than other production systems, this then results in energy savings.
Significant results have been achieved by the Group so far:
36,94 % renewable energy used
1.699.304,69 kWh of energy produced in one year by the hydroelectric power plant and photovoltaic solar panels
805.470,42 kg of CO2 emissions avoided in one year
317,77 toe tons of oil equivalent saved in one year