The Forest
In the context of its sustainable commitment, Raiffeisen Landesbank Südtirol AG has decided to offset the amount of CO2 emissions generated in its 2021 business year by planting the first Raiffeisen forest.In 2021, the Bank produced 126.29 tons of CO2, including direct and indirect scope 1, 2 and 3 emissions, which it offset by planting 556 trees. This is primarily intended as a symbolic act by the Bank, which committed through its Climate Neutrality Plan to drastically reduce its emissions by 2025. The bank aims first and foremost at minimising its CO2 emissions year after year in order to only compensate for the unavoidable emissions. In addition to the ecological aspect, the Bank also attaches great importance to the social component of its agroforestry project, which supports small farmers in the local communities.
Impact
The trees we plant have big ambitions: to bring benefits not only to the environment, but also to the people who live in it. That's why we work with NGOs and local communities to select the right tree for the right place and the right purpose. That’s why we think about the medium and long term, because we’re not content with simply planting trees: we want to see them grow.
The trees in the forest will absorb:
141.70 t* of CO₂
