“Forestation 2023” Sustainable Development Project

“Forestation 2023” Sustainable Development Project

Evolution of this Sustainable Development initiative (ESG)

Since 2022 we have been collaborating with CO2 Revolution, to create a forest ecosystem capable of absorbing CO2 and providing a habitat for biodiversity and wood production with our “Reforestation” project of forests in Galicia, in the north of Spain, that have suffered fires.

In 2023:

  • We have planted 4,000 trees (in addition to the 3,050 trees planted in 2022, bringing the total number to 7,050 trees).
  • We operate on a total area of 6.61 hectares (3.51 hectares in 2023).

Environmental Benefits

Both Galicia in particular, and the northwest of Spain in general, is the most affected region on the continent in terms of forest fires.

  • Contribution to the fight against climate change.
  • Regeneration of burned or degraded lands regeneration of burned or degraded lands.
  • Creation of biodiversity through planting a variety of species.

Social Benefits

This project is possible thanks to unemployed people who live in rural areas near the plantation and who participate in the planting and maintenance work.

  • Social Inclusion Promotion.
  • Equality Promotion.

Sustainable Development Goals

In this way, in addition to the environmental benefits that we are generating, we manage to promote social inclusion and equality in the workplace, three of the sustainable development objectives of the UN Agenda 2030, and we anticipate our adaptation to the future legal framework European approach to sustainable finance.

  • Gender Equality (5th).
  • Climate Action (13th).
  • Forests, desertification and biological diversity (15th).

If you want to know more about this project, watch this video: Healing our planet hectare by hectare – Euronet ECO Worldwide – YouTube

And if you want to know what measures we apply in our daily life to reinforce our environmental commitment and ensure efficiency in our service, you can read by clicking here.

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