Salvatore Ferragamo
Salvatore Ferragamo S.p.A., commonly known as Ferragamo, is a prestigious Italian luxury brand headquartered in Florence, Italy. Founded in 1927, the company has established itself as a leader in the fashion industry, renowned for its exquisite craftsmanship and innovative designs. Ferragamo primarily operates in the footwear, leather goods, and ready-to-wear sectors, offering a unique blend of style and comfort that sets it apart from competitors. With a rich heritage marked by key milestones, including the introduction of the iconic "Vara" shoe, Ferragamo has garnered a loyal global clientele. The brand's commitment to quality and artistry has solidified its market position, making it a symbol of luxury and sophistication. Today, Ferragamo continues to thrive in major operational regions, including Europe, Asia, and the Americas, while remaining dedicated to its legacy of excellence.
DitchCarbon Score
How does Salvatore Ferragamo's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Salvatore Ferragamo's score of 41 is higher than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Salvatore Ferragamo's reported carbon emissions
In 2023, Salvatore Ferragamo reported total greenhouse gas emissions of approximately 15,614,000 kg CO2e, comprising 1,128,000 kg CO2e from Scope 1, 14,634,000 kg CO2e from Scope 2, and 144,102,000 kg CO2e from Scope 3 emissions. This reflects their ongoing commitment to sustainability within the luxury goods sector. The company has set ambitious targets to reduce its carbon footprint, committing to a 42% reduction in absolute Scope 1 and Scope 2 emissions by 2029, using 2019 as the baseline year. Additionally, Ferragamo aims to achieve the same percentage reduction for Scope 3 emissions related to purchased goods and services, as well as downstream transportation and distribution. Ferragamo's emissions data indicates a proactive approach to climate action, aligning with industry standards and the Science Based Targets initiative (SBTi) to limit global warming to 1.5°C. The company continues to focus on enhancing its sustainability practices while addressing the significant challenges posed by its extensive supply chain emissions.
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Access structured emissions data, company-specific emission factors, and source documents
Get Started| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,172,340 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 10,219,901 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 3,340,100 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Salvatore Ferragamo is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
