SUSTAINABILITY PLAN

08-Alberi

THE COMPANY THAT CARES
ABOUT ITS TERRITORY
AND COMMUNITY

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.

PILLARS & TARGETS

The Plan identifies 12 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.

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carbon emission reduction

Improve environmental performance to achieve Fashion Pact goals and science-based targets.

TARGET

2029
42% reduction in Scope 1 and Scope 2 absolute GHG emissions by 2029 compared to 2019 (science-based target)
42% reduction in Scope 3 absolute GHG emissions, deriving from the purchase of goods and services and from the downstream transport and distribution by 2029 compared to 2019 (science-based target)

2030
100% renewable energy in all its offices

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SUSTAINABLE MATERIALS WITH FOCUS ON LEATHER

Promote innovation and use new sustainable and responsible materials.

TARGET

2025
25% of raw materials with reduced environmental impact

2025/2030
Elimination of problematic and unnecessary plastics in B2C packaging by 2025, and in B2B packaging by 2030
At least half of all necessary plastic packaging made from 100% recycled material by 2025 for B2C, and by 2030 for B2B

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CIRCULAR ECONOMY AND RECYCLING

Promote circular economy and reduce waste.

TARGET

2025
Developing specific projects to extend the durability of products
Increasing the circularity performance of materials within the value chain

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SUPPLY CHAIN TRANSPARENCY AND LOCAL FOCUS

Improve supply chain transparency, traceability and sustainability performance of suppliers.

TARGET

2025
Strengthening of production chain monitoring and collaborating with suppliers for the development of shared value projects
Defining and implementing a chemical management strategy for progressive phase-out
Supporting the elimination of deforestation and sustainable forest management and developing individual projects on biodiversity

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FOSTER DIVERSITY, EQUITY, INCLUSION & BELONGING

Promote a positive work environment and improve talent attraction.

TARGET

2025

Supporting diversity, equity and inclusion in the workplace through programs and concrete actions


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2022
ANNUAL REPORT