SACE and BPER Support the Cartiere Carrara Group with a €5 Million Loan, Granted by BPER and Backed by SACE’s Green Guarantee
The operation is aimed at financing expenses incurred for the polycyclic plantation project of La Badia Soc. Agr. Srl, a company within the Cartiere Carrara Group, for the reforestation of a section of the A11 highway in the province of Lucca.
Cartiere Carrara is currently one of the leading integrated paper manufacturing groups in Europe. Technology, environmental responsibility, and people-focused initiatives are the pillars of the company, which continues to expand and strengthen its presence in the European market.
Press Release
Rome, February 24, 2024 – BPER has finalized a €5 million loan with SACE’s Green Guarantee in favor of La Badia Soc. Agr. Srl, a company within the Cartiere Carrara Group, to finance costs and expenses related to reforestation activities. The project aims to achieve key Environmental Objectives by implementing polycyclic plantations and enhancing the surrounding territory, including targeted training activities.
Thanks to this initiative, the company will make a significant contribution to mitigating climate change while supporting economic activities aimed at preventing deforestation and forest degradation. Additionally, the project will foster the adoption of best practices for forest restoration and sustainable management, as well as promote regenerative agriculture. The Polycyclic Plantations are part of the broader project “La Carta che Pianta Alberi” (The Paper that Plants Trees), which has already led to the planting of over 15,000 trees in areas adjacent to Cartiere Carrara’s production sites in Capannori and Badia Pozzeveri, in the province of Lucca.
This initiative aligns with the Group’s energy efficiency policies: since its foundation, the company has prioritized renewable energy sources while reducing carbon dioxide and greenhouse gas emissions, achieving a 25% reduction in water consumption compared to the industry average.
Currently, the Group continues to expand its business in Italy and Europe, focusing on long-term value creation.
Cartiere Carrara is one of the leading integrated paper manufacturing players in Europe. With seven production hubs in Italy, approximately 850 employees, and an annual production capacity of 300,000 tons of pure cellulose and recycled tissue paper, the Group distributes its products across 50 European and non-European countries.
Cartiere Carrara’s products have always prioritized environmental sustainability and the well-being of the planet and future generations. The company’s production process combines expertise, quality, innovation, and sustainability, adhering to the principles of the circular economy.
Mario Carrara, Vice President & Chief Growth Officer:
“Sustainability has always been part of our DNA. We built our company on this principle, adopting a responsible approach that integrates environmental respect into every aspect of our operations. Our adherence to the United Nations Global Compact in 2024 further strengthens our commitment to environmental, social, and governance (ESG) responsibility and transparency.
The idea of launching a reforestation project emerged many years ago, long before these topics became central in public discourse. Over time, we acquired land with the goal of preserving natural areas near our facilities and developing initiatives with educational value.
This loan, which strengthens our successful partnership with SACE and BPER, demonstrates how collaboration between businesses and the financial sector can drive sustainable projects. It further confirms our daily commitment to sustainability—not just as a guiding principle, but as a concrete element of our operational approach.
Investing in environmental protection and training the next generation is a strategic long-term choice that translates into concrete actions to safeguard the land and promote a more responsible use of resources.”
Valerio Alessandrini, Senior Relationship Manager Centro at SACE:
*”The Cartiere Carrara Group is a model of sustainability and innovation, and we are pleased to have contributed, alongside BPER, to strengthening the Group’s reforestation projects initiated in 2020. This operation has a significant environmental impact, as it aims to restore natural ecosystems in areas near the company’s production sites.
Cartiere Carrara has successfully combined an efficient production strategy with continuous investments in R&D, defining their approach as ‘A Sustainable Growth.’ Our financial tools have provided a concrete response to their need for sustainable expansion while maintaining financial stability in line with ESG principles.”*