The 2023 Rino Mastrotto Group Sustainability Report details the company’s significant efforts in environmental, social, and governance (ESG) practices. A primary focus was reducing emissions, with Scope 1 and Scope 2 emissions totalling 18,124 tCO2eq, a 7% increase from 2022. By Leatherbiz.

Notably, Scope 2 Market-based emissions were reduced by 26%, while Location-based emissions saw a 6% rise. The group also initiated reporting on Scope 3 emissions, which amounted to 2,145 tCO2eq for 2023, covering upstream transportation and employee commuting.

Renewable energy use reached 82%, supported by investments in new photovoltaic plants generating 1.8 MW of clean energy. Financially, the group reported €362 million in sales for 2023, up from €344 million in 2022, largely due to strategic acquisitions in the textile sector. The luxury market remained a stronghold, accounting for 59% of total revenues.

The group’s ESG action plan is underpinned by robust governance through its dedicated Sustainability Committee. All Leather Working Group (LWG)-certified sites have also achieved Social Accountability certification, reflecting their commitment to ethical and sustainable practices. The group continues to drive initiatives in waste reduction, water management, and responsible procurement, with a strong focus on circular economy principles.

Their comprehensive Code of Conduct further ensures adherence to high ethical standards, emphasising environmental responsibility, fair labour practices, and human rights across their supply chain. The report also highlights social responsibility efforts, including diversity, inclusion, and partnerships with universities to foster sustainability education.