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Salvatore Ferragamo obtains SI rating silver certificate

13 Aug '20
2 min read
Pic: Salvatore Ferragamo
Pic: Salvatore Ferragamo

Salvatore Ferragamo, a luxury goods company, has obtained the SI Rating Silver certificate, testifying to strong focus on managing sustainability in multiple ESG (environmental, social and governance) areas. Created by ARBalzan, SI Rating is the first algorithm that includes on a single platform all the internationally recognised tools of the ESG criteria.
 
SI Rating also includes the 17 SDGs of the United Nations contained in the 2030 Agenda, to evaluate the management of organisations sustainability. 
 
SI Rating is validated by Rina, as an international certification body and ARBalzan has obtained collaboration with SASB (sustainability accounting standards board) for the materiality map.
 
Salvatore Ferragamo's contribution to the 17 Goals of the United Nations was considered remarkable: 85 per cent for goal 3 good health and well-being; 88 per cent for gender equality; 89 per cent for decent work and economic growth; 80 per cent for responsible consumption and production and 94 per cent for industry, innovation and infrastructure.
 
Moreover, the company stood out in other areas of relevance, such as: for the environmental part, performances of 98 per cent in greenhouse gas emissions and of 100 per cent in energy management are highlighted; for what concerns the social side, percentages of 100 per cent in consumer protection, 100 per cent in the working conditions of employees and company benefits and 97 per cent for health and safety in the workplace are recorded; and as regards governance, the management of the product life cycle obtains 97 per cent, the management and efficiency of the supply chain 96 per cent and the ethical conduct of the activities 93 per cent.

Fibre2Fashion News Desk (JL)

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