HomeUncategorizedGrupo Piñero says it invested 2.7 million euros in environmental management during...

Grupo Piñero says it invested 2.7 million euros in environmental management during 2022

SANTO DOMINGO- Grupo Piñero, a multinational company in the tourism sector, said that last year it made investments worth 2.7 million euros in environmental management, which have contributed to achieving important milestones and advances in the company in terms of sustainability.

The company presented its Sustainability Report for the past year, a document that highlights the Group's commitment and strategy not only in caring for the environment, but also in its social responsibility and corporate governance efforts.

In a press release, the Group highlighted that it has achieved a 35% reduction in energy consumption per room, making progress in energy efficiency.

He cited as achievements reductions in energy consumption, water and CO2 emissions per stay, an increase in the amount of recycled waste and a greater number of electric vehicles in its fleet, among others.

It also highlights that the Group's efforts are reflected in the remarkable increase in recovered recycled waste, increasing the figures from 2021 (2.8 million kilograms) to 5.3 million kilograms of recycled waste in 2022 and reaching more than 21,000 tons of recyclable waste recovered over the last 7 years.

"The company follows an environmentally responsible management model that positively impacts the climate, aiming for more integrated, responsible, intelligent, and sustainable territories. To achieve these goals, it remains focused on its commitments, such as reducing its carbon footprint by 60% by 2030, reaching 'Zero Carbon Neutrality' by 2050, reducing waste by 50% by 2030 and achieving 'Zero Landfill' by 2050, as well as protecting, conserving, and planning 100% of its resources," the company emphasizes.

During the presentation of the Sustainability Report, Isabel Piñero, Chief Sustainability Officer of the Group, stated that "for Grupo Piñero, sustainability is and will continue to be an absolute priority in all our activities. The 2022 data that we share in our report are examples of how we continue working to regenerate the tourism sector by incorporating responsible and sustainable operating models," she commented.

Progress in social responsibility and corporate governance

In 2022, Grupo Piñero launched and developed initiatives to promote the well-being of its employees, such as its Healthy Company program, which has received an investment of over €500,000. The company has also invested a total of €1.4 million in internal training, resulting in over 230,000 hours of training and more than 1,000 internal promotions.

Beyond its internal programs, Grupo Piñero also promotes the social well-being of the communities in which it operates, with activities carried out by its Eco-Bahia Foundation that promote environmental education and provide local schools and centers with resources to promote sustainability in their regions.

Furthermore, Grupo Piñero is committed to the development of these communities, reporting 90% of purchases from locally based suppliers in 2022 with a total volume of more than 170 million euros.

With the aim of continuing to carry out activities that contribute to the preservation of natural capital, and to continue promoting initiatives that help the communities where they have a presence, the company has further consolidated its strategic alliances in 2022, such as the public-private alliance with the Ministry of Environment of the Dominican Republic, the Spain-Jamaica Foundation or the NGO Mallorca Sense Fam.

"For Grupo Piñero, 2022 was a year marked by the approval of its Sustainability strategy with a long-term vision, as well as the creation of its Sustainability Division, whose mission and objectives are to promote the integration of ESG criteria at all levels of the organization, contributing to fulfilling the commitments made and facing the main challenges of the 2030 Agenda. With this objective, the Group has also reviewed eight of its sustainability policies and incorporated four new ones encompassing its commitment to its stakeholders, anti-corruption, human resources and the occupational health and safety of its employees.".

Green investments take center stage on World Tourism Day

These actions by Grupo Piñero reflect the growing importance of sustainability in the tourism sector. In fact, this year, World Tourism Day, celebrated on September 27, is focused on green investments. Given this, the group recognizes the importance of investing in initiatives that have a positive impact on the environment, striving for continuous improvement and demanding higher standards in its sustainable practices.

Since 2016, Grupo Piñero has invested €20,301,054 in environmental initiatives and, by 2023, has approved an investment of €7 million in environmental projects. Among the Group's most recent sustainable projects is the opening of Cayo Levantado Resort, which represents an investment of over €37 million for the company and is the Group's first sustainable luxury project.

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El Inmobiliario
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