Salvatore Ferragamo was one of the first to realize that fashion, art, and culture are intimately connected. Over the years, the Company has acted on its Founder's insight, dedicating considerable attention and resources to cultural initiatives in order to promote art in all its forms.
The commitment to the community where it operates is reflected also in the social initiatives in which the Group actively participates.
The Plan identifies 15 specific targets for each pillar and defines the individual measures to be implemented over a threeyear period. In defining the Plan, the priorities identified in past years were taken into consideration, such as those deriving from the adoption of the SDGs, the signing of the Fashion Pact and the definition of the science-based targets.
Improve environmental performance to achieve Fashion Pact goals and science-based targets.
ACHIEVEMENTS
42% reduction of emission intensity index (2024 VS 2022)
A- on the 2024 CDP Climate Change Questionnaire
FUTURE PRIORITIES
GHG Emissions reduction target
100% renewable energy across all operations by 2030
Promote innovation and use new sustainable and responsible materials.
ACHIEVEMENTS
99.65% of the leather supplier turnover from Leather Working Group-certified tanneries
79% from Gold- or Silver-level certified
FUTURE PRIORITIES
100% LWG-certified leather, while increasing uptake of other Low Climate Impact (LCI) raw materials in our collections
Further reduce the use of unnecessary and single-use virgin plastics in B2B and B2C packaging
Implement circularity principles accross all Ferragamo operations and products lifecycle
Collaborate with the supply chain to promote virtuous ESG practices.
ACHIEVEMENTS
Key tanneries engaged in traceability and LCA projects for environmental impact assessment and collaboration
97% of supplier revenue from Italian suppliers
FUTURE PRIORITIES
ESG data from key manufacturers and raw materials suppliers to develop shared-value projects, improving their ESG practices
Biodiversity projects for the benefit of animal and/or herbaceous, arboreal species
Promote a positive work environment and enhance talent attraction.
ACHIEVEMENTS
48% of Top Management and 60% of all management positions are held by women
Gender Pay Gap reduced from 27% to 25%, with an Adjusted Pay Gap at 2.9% in 2024
FUTURE PRIORITIES
Attract, develop and empower people through an equitable talent journey
Spread and ground a culture of diversity, inclusion and equal opportunities
Nurture engagement and well-being activities for employees’ belonging
Creating shared value for communities worldwide.
ACHIEVEMENTS
+100 children to be treated annually thanks to the retinograph acquired for Meyer Foundation
+ 900,000 € raised and +38,000 t-shirts distributed for the 22nd edition of CORRI LA VITA
FUTURE PRIORITIES
Partnerships with an international no-profit organisations to grant access to quality education for underprivileged women
Leverage on Ferragamo’s Museum, Foundation, Archive to promote culture in Florence and abroad
Enhance transparent ESG communication for consumers
