Palazzo di Varignana srl
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Energy Consumption:41,979 Gj (Palazzo di Varignana) and 33,040 Gj (Agrivar) in 2023
Water Consumption:8,292 m3 (Palazzo di Varignana) and 33,000 m3 (Agrivar) in 2023
ESG Focus Areas
- Climate Change
- Environmental Sustainability
- Social Responsibility
- Governance
- Biodiversity
- Community Engagement
- Employee Well-being
- Sustainable Supply Chain
Environmental Achievements
- Reduced water consumption by 36.25% in 2023.
- Implemented a plastic reduction plan.
- Obtained organic certification for extra-virgin olive oils Claterna and Blend Verde.
- Plan to replace all lights with low-power LEDs.
- Construction of water basins to collect surface water for irrigation.
- Plan to install photovoltaic systems for Oliveto Country House and the mill.
- “Adopt an Olive Tree” project, planting over 160,000 olive trees on 242 hectares.
Social Achievements
- Launched a “People Satisfaction” climate survey with 71% engagement rate.
- Provided 2,187 hours of employee training in 2023.
- Formalized Diversity and Inclusion Policy and Policy on the Protection of Human Rights.
- 82% of employees reside in the province of Bologna.
- Organized two charity dinners, donating proceeds to flood-affected areas.
- Offered scholarships to local youth.
- Collaborated with Dynamo Camp and Sant’Orsola Polyclinic on beneficial projects.
Governance Achievements
- Board of Directors includes four members, 50% of whom are women.
- Appointed KPMG as the Auditing Firm.
- Consolidated a working group to oversee sustainability issues.
Climate Goals & Targets
Medium-term Goals:
- Installation of additional photovoltaic plants to reach 307,000 KWH produced per year by 2026.
Short-term Goals:
- Further reduce plastic consumption by June 2025.
- Complete replacement and implementation of charging stations by June 2024.
- 100% replacement of lights with low-energy LEDs by 2024.
- Activate three new collaborations with local charities by 2024.
Environmental Challenges
- Reducing environmental impact generated by its activities.
- Managing water consumption in agricultural and hospitality operations.
- Optimizing energy consumption in the resort.
Mitigation Strategies
- Implemented targeted actions to reduce water use.
- Construction of photovoltaic systems and charging columns.
- Plan to replace all lights with low-consumption LEDs.
- Calculating Carbon Footprint according to ISO 14064 standard.
Supply Chain Management
Supplier Audits: 62% of suppliers assessed for environmental and social certifications.
Responsible Procurement
- ESG factors systematically integrated for all new suppliers.
- Preference for local suppliers (97% located in Italy, 50% in Emilia-Romagna).
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
UN Sustainable Development Goals
- Goal 4 (Quality Education)
- Goal 5 (Gender Equality)
- Goal 12 (Responsible Consumption and Production)
- Goal 13 (Climate Action)
Initiatives aligned with UN SDGs through partnerships, training, sustainable practices, and community support.
Sustainable Products & Innovation
- Organic extra-virgin olive oils
- Cosmetic line using local raw materials
Awards & Recognition
- Various awards for extra-virgin olive oil and wines.