A press conference was held today, June 15, to launch CO2alizione Italia, the alliance of more than 50 major Italian companies, including Redo Sgr, which have decided to formally commit to the explicit incorporation of the purpose of climate neutrality in their bylaws.
Aware of the high environmental impact of the real estate sector, Redo Sgr always direct its affordable housing projects and operations towards carbon neutral ambitions. Already a Benefit Company and, from November 2021, a B Corp, for Redo, joining CO2alizione Italia is an inevitable commitment, inherent in the DNA of the Company. CO2alizione Italia brings together more than 50 major Italian companies which include the explicit integration of the purpose of climate neutrality in their Bylaws: thus, the evolution towards a zero-emission economy becomes a goal to be pursued over time, with priority equal to profit goals, in line with national and European targets that aim for a 55 percent reduction in emissions by 2030 and zero emissions by 2050.
The goal of the coalition, which was launched at today’s press conference at the Civita Association headquarters in Rome, is to stimulate a concrete commitment from companies, which, through membership in CO2alizione Italia, are called upon to report and publish real actions and targets related to fighting the climate change. As a Benefit Company and B Corp, we have decided to join CO2alizione Italia to highlight our commitment to an environmentally and community-conscious approach.
Our social housing and urban regeneration projects propose models that are affordable for the most fragile part of the population and experiment innovative solutions within energy, construction, sustainable mobility and resilience challenges.
The most important examples of this dual commitment are the winning projects of Reinventing Cities: L’Innesto and Green Between, destined to become the first carbon neutral areas in Milan, and Aria, which with its 150 thousand m2 area will be the first carbon negative area in Milan: it produces its own energy needs on-site from renewable sources (with its 36 thousand m2 of photovoltaics) and it gives surplus of energy to other areas of the city, thus lowering greenhouse gas emissions into the atmosphere.
Ours approach naturally integrates the three goals of CO2 Coalition Italy:
- Accelerate the progressive evolution of companies’ operational and business models toward a zero greenhouse gas economy, in line with European and national green transition goals.
- Inspire Italian, European and global companies to follow suit.
- Let Italy emerge as the driving force behind a wave of transformation that is as extraordinary as it is necessary.
Please visit www.co2alizione.eco
A press conference was held today, June 15, to launch CO2alizione Italia, the alliance of more than 50 major Italian companies, including Redo Sgr, which have decided to formally commit to the explicit incorporation of the purpose of climate neutrality in their bylaws.A strong and official commitment to climate neutrality: CO2alizione Italia, which brings together more than 50 Italian companies that incorporate carbon-neutral goals in their articles of association, was established with this objective. Redo also joins it, thus once again underlining its commitment to an environmentally and community-conscious approach. The presentation of the initiative was held on Wednesday 15th June
We at Redo have always directed our actions and our work towards carbon neutral ambitions, aware of the significant environmental impact of the real estate sector. Already a benefit company and, from November 2021, a certified B Corp, for us joining CO2alizione Italia is an inevitable commitment, part of our DNA.
CO2alizione Italia brings together more than 50 major Italian companies which include the explicit integration of the purpose of climate neutrality in their Bylaws. Thus, the evolution towards a zero-emission economy becomes a goal to be pursued over time, with priority equal to profit goals, in line with national and European targets that aim for a 55 percent reduction in emissions by 2030 and zero emissions by 2050.
The goal of the coalition, which was launched at today’s press conference at the Civita Association headquarters in Rome, is to stimulate a concrete commitment from companies, which, through membership in CO2alizione Italia, are called upon to report and publish real actions and targets related to fighting the climate change. As a Benefit Company and B Corp, we have decided to join CO2alizione Italia to highlight our commitment to an environmentally and community-conscious approach.



DECARBONISATION IN REDO’S WINNING REINVENTING CITIES PROJECTS: A COMMITMENT THAT IS PART OF OUR DNA
The approach we bring to our projects involves a just transition for both the environment and people. By experimenting innovative solutions, in fact, our social housing and urban regeneration projects offer affordable models for the most vulnerable segments of the population, emphasising energy, construction, sustainable mobility and resilience challenges.
The most important examples of this dual commitment are the winning projects of Reinventing Cities: L’Innesto and Green Between, which will become Milan’s first carbon neutral areas, and Aria, which with its 150,000 m2 area will be Milan’s first carbon negative area: not only will it produce its own energy needs onsite from renewable sources (with its 36,000 m2 of photovoltaics), but it will also release a surplus of energy to other city areas, thus lowering greenhouse gas emissions into the atmosphere.
The strategies we deploy to reduce the environmental impacts of urban regeneration processes include mitigation (through energy efficiency plans, the use of innovative building systems, and the expansion of sustainable mobility systems), compensation (through the activation of renewable energy communities and our Circular Housing service), and CO2eq capture (through urban reforestation). In this way, with the Aria, L’Innesto and Green Between projects, we aim to achieve a substantial reduction of CO2eq produced as compared to Business As Usual, as the following figures show in detail
Our approach therefore naturally fits in with the three objectives of CO2alizione Italia, which in a nutshell are:
- Accelerate the progressive evolution of companies’ operational and business models towards a zero greenhouse gas emission economy, in line with European and national ecological transition goals.
- Inspire Italian, European and global companies to follow the example.
- To raise Italy’s profile as the driving force behind a transformative wave so extraordinary as it is necessary
To find out more and get to know all member companies of CO2alizione Italia, visit: www.co2alizione.eco
Find out more about the main projects through which we are engaged in fighting climate change below: