Farotti Essenze’s Sustainability Journey
Achieved ESG
CHALLENGE
Farotti Essenze’s commitment to sustainability translated into the formulation of a structured project to achieve three overarching goals:
- Reduction of emissions and company costs through concrete actions.
- Performance monitoring and management of emission reduction actions through a multi-year strategy.
- Enhancement of corporate visibility, image, and competitiveness.
Solution
Together with the company, we structured a three-year plan consisting of three subsequent steps, aimed at achieving tangible results by integrating the company’s needs with benefits for the ecosystem and the involved population:
Step 1 – Reforestation
The initial phase involved reforestation efforts, creating a mixed forest of 1000 trees tailored to the area’s natural conditions. This collaborative effort engaged agronomists, loggers, farmers, transporters, and students. Regular online meetings ensured continuous communication with the company.
Simultaneously, training initiatives included trips to the reforested area for company representatives to witness the planting and engage with local authorities.
Communication activities encompassed the production of multimedia content, certificates and certifications for widespread sharing and promotion.
Step 2 – Forest Monitoring
Building upon the previews activities, the second phase emphasized ongoing efforts in reforestation. Forest monitoring was instituted to ensure compliance with international standards and collect data for credit certification. Additionally, this step involved the preparation of a Sustainability Report, offering a comprehensive snapshot of the company’s ESG objectives and results.
Step 3 – Credit Certification
Continuing the initiatives from Steps 1 and 2, the third phase focused on the certification of credits generated from reforestation activities for balance sheet offsetting. This step also emphasized the ongoing monitoring, recognition, and promotion of achieved ESG objectives.
Results
The implementation of the three-year plan resulted in tangible outcomes for Farotti Essenze. Robust performance monitoring system ensured the sustained success of emission reduction actions. The company’s enhanced visibility, image, and competitiveness were evident through the positive impact on both the environment and the local community.
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