Gruppo Mastrotto secures ESG funding - leatherbiz: Leading news site f Leatherbiz

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Gruppo Mastrotto secures ESG funding

09/01/2025
Gruppo Mastrotto secures ESG funding
Italy-based leather manufacturer Gruppo Mastrotto has obtained a €25 million ESG-linked loan from Crédit Agricole Italia. 

The financing is tied to the achievement of specific environmental, social, and governance (ESG) performance indicators, reflecting the company’s focus on sustainability.

The loan will fund two primary initiatives. The first involves extending Life Cycle Assessment (LCA) analysis across all product lines to improve environmental performance. The second project introduces a recovery system for organic by-products in the tanning process, which will be repurposed into components for fertilisers and bio-stimulants by specialised companies.

This operation supports Gruppo Mastrotto’s 2023-2024 strategy, which includes investments in ESG projects. The company, with revenues exceeding €500 million and over 5,000 employees, recently acquired Coindu Group, a European producer of leather and fabric automotive interiors.


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