From our carbon footprint to ESG policies and ratings, our Action for the environment underpins a concrete and responsible commitment that impacts our entire world: offices, investments, employees and suppliers. An important first step dedicated to the only planet we have. We aim to be at the forefront of the fundamental challenges affecting the environment and in particular the climate crisis, actively engaging and implementing short and long-term concrete actions.
In light of these goals, we have been calculating the greenhouse gas emissions of all our offices and have conducted a carbon footprint analysis according to the UNI EN ISO 14064-1:2019 standard. In 2023, we continued our path of reducing greenhouse gas emissions through significant initiatives such as transitioning to renewable sources of electricity, renewing the company fleet, and implementing a sustainable mobility policy. Moreover, we have decided to purchase electricity exclusively from renewable sources (wind, solar, and hydroelectric) for all our locations.
Regarding mobility, we also chose to integrate sustainability aspects into a dedicated procedure for managing business trips, in order to make more environmentally responsible choices and reduce our carbon footprint. And we have incentivized the creation of a "green" corporate fleet by gradually replacing all conventional vehicles with electric and full hybrid cars, which currently make up half of the company fleet.
Furthermore, we have supported and developed biodiversity projects related to beekeeping, linking the sale of sustainable products to the adoption of beehives and a honey garden at an urban apiary in Rome. Also, with the aim of reducing the environmental impact of our activities, since 2021, we have introduced a paperless policy and a plastic-free campaign aimed at removing PET bottles from the vending machines at the HDI headquarters in Palazzo Italia, allowing us to reduce consumption by approximately 900 kg of plastic per year. We have established a partnership with WAMI through which the liters of water used by our locations throughout the year are balanced by providing the equivalent number of liters to communities without access to this resource. This "water equal office" project, carried out with Oxfam, aims to provide drinking water to 4 communities in the village of Rockwood, Sri Lanka.