PIQUADRO IS

Carbon neutral

"Our goal is to create a better future for the next generations. And we're building it every day. Today for tomorrow. We measure our impact, then act to reduce and offset it, supporting certified emission removal projects: such as the Fazenda Nascente Do Luar reforestation project and the Rio Anapu Pacaja deforestation prevention project. In this way, we've achieved carbon neutrality in our activities as the Piquadro Group (Scope 1 and 2) for 22/23"

Environment

FAZENDA NASCENTE DO LUAR
Thousands of hectares are logged every year in the Cerrado biome in Brazil, causing terrible damage to the environment and its inhabitants. The FNL project recovered 342 hectares of degraded land by planting nearly 430,000 trees in the area, and today the project also protects an area of 1,150 hectares of native forest. In addition, the forest locally brings tangible benefits to the microclimate of the region, contributing to a lower evaporation of water, lower soil reflectivity and lower average annual temperatures.

RIO ANAPU PACAJA
A project in the Brazilian Amazon covering 148,000 hectares in Portel combats deforestation by supporting local families in adopting sustainable agroforestry. Since 2012, the initiative has expanded monitoring efforts, training locals to patrol and engage squatters, offering alternative income sources to deter illegal logging and promote nature conservation. The regional forests are rich in valuable timber species.

Biodiversity

FAZENDA NASCENTE DO LUAR
Located between the Amazon, Atlantic Forests and Pantanal, the Cerrado harbours 5% of the world’s species and 30% of Brazil’s biodiversity. The FNL reforestation project has led to the birth of a new type of landscape, characterised by a mosaic composed of natural forest and planted forest. Thanks to this new regenerated landscape, wildlife has progressively returned to the project zone.

RIO ANAPU PACAJA
Forests are not only among the planet's most important carbon reservoirs. They also are home to an enormous diversity of species and are the livelihood for all people. However, global forest areas have declined sharply in recent decades due to increasing settlement, agricultural use, illegal logging and mining. Forest protection projects ensure that forests are preserved in the long term and that the protection of forests is given a higher value than their deforestation.

Community

FAZENDA NASCENTE DO LUAR
New job opportunities for the local communities.
Strong empowerment through training and knowledge learning in agroforestry management, resulting in a better quality of life for workers and their families. Project activities made it possible to achieve 6 of the 17 sustainable development goals established by the United Nations.

RIO ANAPU PACAJA
To prevent illegal logging, the project supports the so-called "Ribeirinhos", who live along the rivers and small streams. They are encouraged to use sustainable agroforestry techniques and receive land use rights for their contribution to nature conservation. Since 2012, the project has been scaling up its monitoring activities by training local villagers as monitoring staff. The patrol teams approach squatters and invite them to work for the project. They offer alternative sources of income through joining the social project activities or the patrol teams in monitoring the project area.

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.

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 Fazenda Nascente do Luar reforestation project. This operation will be repeated every year.

Sustainability Report   Verra Certificate - Business Activity Offset 22/23*    Verra Certificate - Product Offset to 31/03/23  Verra Certificate - Product Offset to 31/03/24**
 Fazenda Nascente Do Luar

*Receivables related to the offsetting of Group assets Receivables related to the offsetting of Piquadro brand assets amount to 1039
**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