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 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.

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MOVING TOWARDS NET ZERO EMISSIONS

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

  • From direct operations: -42% by 2029 (vs. 2019)
  • From purchased goods, services & transport: -42% by 2029 (vs. 2019)

100% renewable energy across all operations by 2030

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FOSTERING MATERIALS INNOVATION

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

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LEADING A RESPONSIBLE VALUE CHAIN

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

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EMPOWERING OUR PEOPLE

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 ​

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CREATING VALUE FOR GLOBAL COMMUNITIES

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

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2024
ANNUAL REPORT