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Green Oleo publishes the 2024 Sustainability Report

Press release

Cremona, 20 June 2025

GREEN OLEO (GRN:IM), a company listed on Euronext Growth Milan among the leading European producers of fine oleochemicals from renewable and biodegradable sources, announces the publication of its 2024 Sustainability Report.

In 2024, with a view to evolving its reporting model, Green Oleo took another significant step by integrating the European Sustainability Reporting Standards (ESRS) into its Sustainability Report, in line with the requirements of the Corporate Sustainability Reporting Directive (CSRD). Although this is still a voluntary step, this choice reflects the company’s goal to anticipate future regulatory obligations and to respond to increasing market demands for unified and comparable reporting.

The new reporting format serves as a strategic tool not only for communicating environmental, social and governance impacts, but also for strengthening the link between ESG performance and financial results. Reporting thus takes on a cross-functional role, aimed at providing stakeholders with a clear, complete, and integrated representation of value creation in the medium to long term.

The current context, where sustainability is increasingly central to European policies and supply chain strategy, has driven GREEN OLEO to make concrete and structural choices. Among these, one of the most significant has been its transformation into a Benefit Company: a step that formalizes and further highlights the company’s commitment to combining economic objectives with positive impacts for society and the environment.

This evolution of identity has also given new impetus to the quality of reporting, which is now aligned with the requirements introduced by the CSRD Directive and drafted according to the new ESRS standards. The transition to these standards reflects not only regulatory compliance but, above all, the desire to tell Green Oleo’s sustainability journey in a clear, verifiable and comparable way.

The year 2024 confirmed the solidity of the direction taken. The recognition of the Platinum medal by Ecovadis for the second consecutive year, with a score that once again places the company among the top 1% of the most virtuous companies globally, is a tangible result of a rigorous, consistent, and shared approach at every level of the organization.

This trajectory was also strengthened by the launch of the company’s first structured stakeholder engagement. This moment of listening and discussion allowed Green Oleo to gather key perspectives from those who interact every day with the company, enriching its vision with new perspectives and strengthening its ability to respond to external expectations.

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The 2024 Sustainability Report can be viewed on the company’s website: www.greenoleo.com in the “Social Responsibility” section.

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GREEN OLEO (GRN:IM – ISIN IT0005549768) is one of the leading European producers of fine oleochemicals from renewable and biodegradable sources. Based in Cremona, Italy, the company was acquired by the Buzzella family in 2012, when it was merged with a business unit historically active, since 1923, in oleochemical production and previously owned by Croda Cremona S.r.l. The company uses locally sourced raw materials, such as by-products from the food industry (acidic oils mainly from olive and animal fat), which are subjected to internal chemical processes including splitting, distillation, separation, fractionation and hydrogenation , to obtain a variety of oleochemical products such as fatty acids distilled to different matrices depending on the initial fat, stearic acids (stearines), oleic acid, glycerines, fatty acid derivatives (soaps) and esters.
The company operates from its plant in Cremona, spanning an area of 64,000 square meters (of which approximately 20,000 square meters are covered). It employs 90 people and has an annual production capacity of 65,000 tonnes, of which 50,000 tonnes of fatty acids and glycerines, and 15,000 tonnes of esters. Green Oleo’s customers are industrial companies operating in multiple sectors such as detergents, elastomers, candles, paints, rubber and tyres, personal care and cosmetics, which, through further processing specific to the target sector, produce the final products for the end-consumer.

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This press release is available on the Company’s website www.greenoleo.com and www.1info.it

INVESTOR RELATIONS
GREEN OLEO | Raffaella Bianchessi | investor.relations@greenoleo.com | T +39 0372 487256
IRTOP Consulting | Maria Antonietta Pireddu | m.pireddu@irtop.com | T +39 02 45473884