Treating both the natural environment and the people who inhabit it in a truly sustainable manner, employing conscious management practices, is in the Barracuda Group's DNA.
Terms like ESG, which stands for “environmental, social and governance” in EN, had been mostly ignored by the Brazilian corporate world when Barracuda made it a priority to work with hospitality that had a minimal impact on nature and the community where it's located.
Turismo CO2 Legal Guardians of the Climate is a socio-environmental initiative created in 2009 by the NGO Movimento Mecenas da Vida to transform tourism into a means of tackling climate change and ensuring the sustainability of touristic destinations.
Winner of the Awards: 1) Sustainable Tourism Innovation Challenge and 2) Gold Winner of the WTM Latin America Responsible Tourism Awards, the program was a pioneer in introducing the practice of offsetting greenhouse gas emissions in Brazilian tourism.
The funds from the compensation of GHG emissions from touristic resorts and tourists are earmarked for the implementation of the 2030 Agenda. There are a total of 9 Sustainable Development Goals impacted by the program, of which the following stand out: 1) Eradication of poverty; 2) Zero hunger and sustainable agriculture; 3) Good health and well-being; 9) Sustainable communities and cities; 13) Action against global climate change; 15) Life on land.
The program's vision for the future is to transform Brazilian touristic destinations
In 2021, the Barracuda Group founded the Yandê Itacaré Institute. The organization's mission is to contribute to the social and environmental development of the communities that Barracuda's properties work with to create unique guest experiences.
The institute promotes entrepreneurial education and stimulates socio-environmental initiatives through the exchange of knowledge, qualification and seed investment that make the plan of action for each project possible. At least 12 projects have already been initiated.
One of the standouts among them is Uruçu Viva, which supports a group of 14 beekeepers from the Pancada Grande settlement. With a focus on sustainable management, the initiative enables the conservation of colonies of the Yellow Uruçu, a bee species that is threatened due to the destruction of the Atlantic Forest.