Environment
The project aims to utilize surplus bagasse from a sugar mill in Uttar Pradesh, India, to generate steam and electricity for green energy transmission and distribution. By replacing grid power, which largely relies on fossil fuels, the project reduces dependency on non-renewable sources and lowers CO2 emissions.
FLORESTA VERDE
The project is located on private land in the state of Pará, Brazil. It consists of three separate land blocks, covering a total of 53,528 hectares. The goal of the project is to prevent unplanned deforestation and promote the natural regeneration of an Amazon forest area situated in one of the country's most vulnerable regions.
Biodiversity
The project helps decrease reliance on carbon-intensive energy resources, ensures efficient waste management, and conserves natural resources. By doing so, it protects the surrounding ecosystem and promotes biodiversity.
FLORESTA VERDE
Regenerating the forest also means rebuilding a healthy ecosystem. The project protects numerous animal and plant species, some of which are critically endangered. The ecological corridors created between forested areas allow animals to move safely and help restore the natural balance of the territory. Additionally, by improving soil and water resource management, the project contributes to a more stable microclimate, reducing the risk of drought, erosion, and loss of fertility.
Community
The project will create jobs in rural areas, offering stable employment opportunities to local sugarcane farmers who typically face unpredictable income. It will also provide higher-value jobs at the cogeneration plant. Additionally, the initiative supports sustainable development at local, national, and global levels, aligning with India’s goal of promoting clean energy.
FLORESTA VERDE
The local communities living around the protected area — about 40 families — are actively involved. They are trained in sustainable farming practices, employed to work on forest regeneration, and supported with essential services: eco-friendly stoves to reduce harmful smoke, access to clean water, education, and medical care. Special attention is given to women's empowerment: at least 15 women receive training, jobs, and tools to improve their economic and social conditions.
WE HAVE SET THE HIGHEST STANDARDS OF RESPONSIBILITY
Together with offsetting the carbon footprint tied to its corporate activities, the Piquadro Group has made another important commitment
to environmental sustainability by offsetting the CO2 emissions tied to the production of the best-selling products of the three brands.
Piquadro is therefore one of the first companies in the world to have made this commitment, and not only in its sector.
Compensated products
The CO2 emissions generated by the green products of the Corner, Corno alle Scale, Urban and PQ-Light lines have been calculated based on the GHG protocol. They were then offset based on the production with an extra 15% to cover any calculation errors through Verra VCS standard-certified carbon credits that support the Rio Anapu Pacaja deforestation prevention project. This operation will be repeated every year.
Verra Certificate - Business Activity Offset 23/24 Verra Certificate - Product Offset to 31/03/25 Verra Certificate - Product Offset to 31/03/24*
*Receivables related to the offsetting of some of the Group's products. Receivables related to the offsetting of some of the Piquadro brand products amount to 2239
