Gruppo Mastrotto, a global leader in leather manufacturing, has taken a significant step forward in its commitment to sustainable innovation. The company has secured a substantial 25 million euro ESG-linked loan from Crédit Agricole Italia to support its ongoing efforts in environmental, social, and governance (ESG) initiatives.
This strategic financial support ties the loan’s cost to the achievement of specific ESG performance goals. The loan aims to accelerate the company’s sustainability journey by linking financial incentives directly to environmental progress.
Gruppo Mastrotto’s sustainability strategy revolves around two major projects:
- Life Cycle Assessment (LCA) Expansion:
The company is extending its Life Cycle Assessment (LCA) to all product families. This in-depth analysis goes beyond simple measurements, aiming for continuous improvement in reducing the company’s environmental footprint. - Organic Byproduct Recovery System:
Gruppo Mastrotto is introducing a system to recover organic byproducts during the early stages of the tanning process. These byproducts are then transferred to specialized companies to be transformed into components for fertilizers and biostimulants. This initiative supports a circular economy by minimizing waste and promoting sustainable agriculture.
In 2023-2024, Gruppo Mastrotto has heavily invested in projects aligned with environmental, social, and governance (ESG) principles.
This strategy strengthens its business model by integrating continuous innovation and improvement. The company’s consolidated revenue exceeds 500 million euros, and it employs over 5,000 people globally.
Recently, Gruppo Mastrotto expanded its market presence by acquiring the majority stake in Gruppo Coindu, a leading European manufacturer of premium leather and fabric automotive interiors. This acquisition further solidifies Mastrotto’s commitment to quality and sustainability in the leather industry.
