Salvatore Ferragamo has set relatively ambitious emissions reduction targets for both its own operations and supply chain, and it reported a significant reduction in its supply chain emissions between 2019 and 2021. However, Salvatore Ferragamo provides very limited information into its climate activities and supplier engagement. It does not appear to have begun undertaking meaningful measures to break away from reliance on fossil fuel based materials. It is not discernible that the company has made progress to source materials from regenerative agriculture. To decarbonise its manufacturing, the company should provide training, resources, financial support, and incentives for its suppliers to phase out coal fired boilers and transition to renewable energy. It is also essential to phase down fabrics made from fossil fuels, stop sourcing leather from deforested regions, use low-carbon materials, and increase closed-loop circularity.
Key Findings for Salvatore Ferragamo
Salvatore Ferragamo has set an emissions reduction target for its own operations of 42% by 2029 from a 2019 base year, which is not in line with keeping warming below 1.5°C.
The company has also set an emissions reduction target for its supply chain of 42% by 2029 from a 2019 base year. This target is still short of the 55% reduction by 2030 required.
Salvatore Ferragamo has set a renewable energy target in its own operations of 100% by 2030, but it is not clear whether the energy will be additional to the grid.
Salvatore Ferragamo has yet to set a target of 100% renewable energy for its supply chain by 2030, which is an essential step for decarbonising its manufacturing.
Coal phase out:
Salvatore Ferragamo has not publicly set a target to phase out coal-fired boilers from its supply chain by 2030 to reduce air pollution and cut emissions.
Salvatore Ferragamo publicly reports GHG emissions in its own operations and in its supply chain. The company does provide a full breakdown of its Scope 3 emissions.
Salvatore Ferragamo does publicly report its energy use for its own operations, including a breakdown of its renewable energy use and how that energy is sourced.
For its supply chain, Salvatore Ferragamo does not publicly report its energy use, a breakdown of its suppliers’ renewable energy use, or how that energy is sourced.
Salvatore Ferragamo did not publish a supplier list.
Salvatore Ferragamo does not report providing its suppliers with training and resources or financial support to help them make energy efficiency improvements. Salvatore Ferragamo does not require them to make energy savings as a condition of contract.
Salvatore Ferragamo does not require suppliers to reduce thermal coal demand in their manufacturing processes.
Salvatore Ferragamo does not report providing its suppliers with training and resources or financial support to help them transition to renewable energy. The company does not require suppliers to use renewable energy as a condition of contract.
Salvatore Ferragamo does not appear to require its suppliers to set GHG emissions reduction targets or set science-based emissions reduction targets, and does not require suppliers to provide facility level data via the Higg Index and annually report GHG emissions.
Salvatore has not made any commitments to phase out fossil fuel based materials.
Salvatore Ferragame has not made a public policy to ban the sourcing of leather from the Amazon Biome or taken measurable steps to ensure that Amazon leather is not contributing to deforestation, and the company does not have processes in place to avoid leather sourced from deforested regions. Salvatore Ferragamo does have a general policy against contributing to deforestation through other materials including cellulose-based fabrics in its supplier code of conduct.
Salvatore Ferragamo has not committed to increasing closed-loop apparel-to-apparel recycling for synthetics and plant-based materials. Salvatore Ferragamo has not committed to reduce the impact of its raw materials in apparel sourcing by switching to organic cotton or cotton sourced from regenerative agriculture by 2030.
Salvatore Ferragamo is not acting to increase circularity and address overproduction by policies to improve the repairability, resale, durability and recyclability of its clothes.
Salvatore Ferragamo does not publicly report its material mix, its volume of deadstock or how it manages or disposes of its deadstock to reduce waste.
Salvatore Ferragamo did report its shipping emissions in 2020 and 2021, but not 2019. It does not have a target to reduce GHG emissions from transportation and does not provide a breakdown of its transportation methods.
Salvatore Ferragamo does not have a policy to avoid aviation and commit to slower shipping methods such as maritime, rail and land. The company does not report having a near-term plan to ship its cargo via cleaner methods. It reported a 9.6% increase in its upstream transportation and distribution emissions between 2020 and 2021.
Salvatore Ferragamo has not committed to transitioning to zero emissions vessels (ZEV) by 2030. The company has not used its voice publicly to advocate for Zero Emission Shipping.
Salvatore Ferragamo has not committed to transitioning its last mile delivery to zero emission vehicles.
While Salvatore Ferragamo is a member of Fashion Pact and has joined the organization’s Collective Virtual Power Purchase Agreement (CVPPA), the company did not engage in any discernible renewable energy advocacy during the Scorecard period.
More About Salvatore Ferragamo
EngagementSalvatore Ferragamo did not respond to requests
- “Annual Report 2020,” 2021. https://www.annualreports.com/HostedData/AnnualReportArchive/s/salvatore-ferragamo_2020.pdf.
- “Annual Report 2021,” 2022. https://sustainability.ferragamo.com/resource/blob/587978/4df1645dd18279b0b21ef35ed5067898/annual-report-ferragamo-2021-eng-data.pdf?UNDEFINED.
- “Environmental Sustainability,”, https://sustainability.ferragamo.com/en/environment#our-commitment.
- “Salvatore Ferragamo CDP,” 2020.
- “Salvatore Ferragamo CDP,” 2021.
- “Salvatore Ferragamo CDP,” 2022.
- “The Fashion Pact Announces New Initiatives on Climate and Beyond,” December 8, 2022. https://www.voguebusiness.com/sustainability/the-fashion-pact-announces-new-initiatives-on-climate-and-beyond.