Care of the environment has always been one of our priorities, not only as a responsible investor, but also with respect to the direct impacts of our own business. In addition to preferring the use of resources from renewable sources, or certified sources, and incentivising sustainable mobility, we have decided to offset emissions made by our company by reforestation and the planting of trees in Italy and Africa.
Every tree is photographed and georeferenced, recording its uniqueness and the act of planting.
This is thanks to an agreement with Treedom, the company which has developed a method for both offsetting emissions and for monitoring subsequent activities, i.e. the ability to actually follow the progress of the trees planted in Etica Sgr’s forest.
At the end of 2021, Etica decided to support a reforestation project involving the planting and maintenance of 150 new native trees, such as beech and Mediterranean scrub, to restore areas affected by wildfires in the summer of 2021 at the Madonie Park, in the province of Palermo. The initiative aims to rebuild the natural capital of this protected area, which is moving towards PEFC (Programme for the Endorsement of Forest Certification schemes) forest certification.
Thanks to the improved air quality resulting from the trees’ intrinsic ability to absorb fine dust particles, benefits are expected in terms of reduced healthcare costs related to cardiovascular diseases.
In April 2024, Etica Sgr took part in the planting of 300 new plants, including trees and shrubs, in the Campo dei Fiori Regional Park, a protected natural area in the Province of Varese.
This area was severely affected by a devastating wildfire in 2017 and by Storm Alex in 2020, which brought winds exceeding 110 km/h and caused the destruction of entire forest sections.
The reforestation project serves as a true experimental site, with the goal of restoring biodiversity, preserving the park’s variety of tree species, and breathing new life into this precious green lung.
