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Retail Trade Services
IT
updated 20 days ago

Salvatore Ferragamo

Company website

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.

84

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.

30

Industry Benchmark

Salvatore Ferragamo's score of 84 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

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Salvatore Ferragamo's reported carbon emissions

In 2024, Salvatore Ferragamo reported total carbon emissions of approximately 132,288,000 kg CO2e. This figure includes 1,092,000 kg CO2e from Scope 1 emissions, 382,000 kg CO2e from Scope 2 (market-based), and a significant 130,815,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions encompass various categories, with the largest contributions from purchased goods and services (about 88,032,000 kg CO2e) and upstream transportation and distribution (approximately 15,499,000 kg CO2e). In comparison, the previous year, 2023, saw total emissions of about 158,230,000 kg CO2e, indicating a reduction in emissions in 2024. The company has set ambitious targets to further reduce its carbon footprint, committing to a 42% reduction in absolute Scope 1 and Scope 2 GHG emissions by 2029, using 2019 as the baseline year. This target is aligned with the Science-Based Targets initiative (SBTi) and reflects a commitment to sustainable practices. Additionally, Ferragamo aims for a long-term goal of achieving net-zero greenhouse gas emissions across its value chain by 2050. This includes a further commitment to reduce absolute Scope 3 emissions by 90% by 2050, demonstrating a comprehensive approach to climate action. The emissions data and reduction targets are cascaded from the parent company, Salvatore Ferragamo S.p.A., ensuring consistency in reporting and accountability across the corporate family.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

201620172018201920202021202220232024
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
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
000,000
Scope 3
3,340,100
0,000,000
0,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Salvatore Ferragamo's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Salvatore Ferragamo is in IT, which has a low grid carbon intensity relative to other regions.

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 participating in some of the initiatives that 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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