↑ Target overachieved ◐ Target partially achieved ✓ Target achieved ▸ Target on time ○ Target delayed
Sustainability Plan
The Group continues to integrate environmental and social aspects into its way of operating, as demonstrated by the 2020-2025 Strategic Sustainability Plan, now completed. The Plan focused on five strategic priorities: climate change and biodiversity, circular economy, responsible sourcing, valuing diversity and supporting local communities.
ACT ON CLIMATE & NATURE
THINK CIRCULAR & BOLD
BE FAIR
NURTURE UNIQUENESS
GIVE BACK
LEGEND
SIDE BY SIDE
Based on the results achieved and the evidence that emerged during the period of implementation of the 2020-2025 Plan, the Group has defined a new 2026-2028 Sustainability Plan. The Plan, called SIDE by SIDE, is based on the belief that the results we aspire to cannot be achieved individually, but are the result of a shared path, in which each step forward is shaped by dialogue, collaboration and trust, built with the people and organisations that accompany the Group on its journey. It is divided into four strategic pillars that will guide the Group’s actions and commitments in all environmental and social aspects.
For each strategic priority, the Group has defined a series of commitments based on a careful analysis of the areas where it can amplify positive impacts and reduce negative ones. This analysis takes into account both industry-specific challenges and the expectations of stakeholders, including the financial community, clients, suppliers, associations and employees. By integrating risk management with the exploitation of opportunities, the Plan aims to disseminate structured practices along the entire value chain, ensuring consistency between strategy, governance and operational processes.
Sustainability is embedded in the Group's strategic plan, reflecting the Group's long-standing focus on climate change mitigation, alongside the management of broader environmental and social impacts across the value chain. Consistent with this approach and drawing inspiration from the principles underpinning sustainability taxonomy frameworks, the Group identifies and monitors revenues associated with products incorporating “preferred raw materials”, classified according to the criteria defined in its “Raw Material Manual”.
These criteria encourage the adoption of preferred fibers and materials across different collections and products categories, drawing on widely recognized international standards, certifications, best practices and/or protocols aimed at a reduced environmental impact, or better practices compared to conventional counterpart. Examples of preferred materials include both recycled fibers, organic fibers, and materials sourced through specific protocols. These programs are based on internationally recognised standards and rely, where applicable, on certification and/or verification/audit processes carried out by independent third-party bodies along the relevant supply chains.
The Group has defined targets to progressively increase the adoption of preferred materials across its collections and product categories, and progress against these targets is publicly disclosed. The increasing adoption of preferred materials is supported by a programme of investments and expenditures covering materials innovation, supplier engagement, product development and manufacturing improvements. This includes investments in systems, processes and infrastructure aimed at enhancing traceability, as well as monitoring across the value chain.
The Group also invests in capacity building through dedicated training programmes for sourcing, product development and sustainability teams, fostering the adoption of responsible material selection and sustainable design principles throughout the organization.
Revenues generated from products incorporating at least one primary key raw material classified as preferred according to the Group's methodology (where primary raw material refers to the outer-fabric, main-fabric or down filling of the product) are constantly monitored. Based on this methodology, such revenues accounted for 65% of total revenues in 2023, 64% in 2024 and 73% in 2025, reflecting the progressive adoption of preferred materials across the Group's collections and product categories.