Salvatore Ferragamo Group is an Italian luxury fashion house that was founded in 1927 by Salvatore Ferragamo. The company is headquartered in Florence, Italy, and operates in the Apparel, Footwear & Acc Design sector. Salvatore Ferragamo Group is known for its high-quality and stylish products, which include shoes, handbags, accessories, and clothing.

The company has a strong commitment to sustainability and has implemented various initiatives to reduce its environmental impact. One of the key initiatives is decarbonisation, which involves reducing the carbon footprint of the company's operations. Salvatore Ferragamo Group has set a target to reduce its greenhouse gas emissions by 50% by 2025, compared to 2019 levels.

To achieve this target, the company has implemented a range of measures, including the use of renewable energy sources. Salvatore Ferragamo Group has installed solar panels on the roofs of its factories and stores, which generate clean energy and reduce the company's reliance on fossil fuels. The company has also implemented energy-efficient technologies and practices, such as LED lighting and energy-efficient heating and cooling systems.

In addition to these measures, Salvatore Ferragamo Group has also entered into corporate power purchase agreements (PPAs) for renewable energy. A corporate PPA is a contract between a company and a renewable energy provider, which allows the company to purchase renewable energy directly from the provider. This helps the company to reduce its carbon footprint and support the growth of renewable energy.

Salvatore Ferragamo Group has entered into a corporate PPA with a wind farm in Italy, which provides the company with renewable energy for its operations. The company has also signed a PPA with a solar farm in Australia, which will provide renewable energy for its stores and offices in the country.

Corporate energy is another important aspect of Salvatore Ferragamo Group's sustainability strategy. The company has implemented energy management systems to monitor and optimize its energy consumption, and has also introduced energy-saving measures such as automatic lighting controls and motion sensors.

Salvatore Ferragamo Group's commitment to sustainability extends beyond its own operations. The company has also implemented sustainable sourcing practices, which involve sourcing materials from suppliers who meet strict environmental and social standards. The company has also implemented a circular economy approach, which involves designing products that can be reused, recycled, or repurposed at the end of their life cycle.

In conclusion, Salvatore Ferragamo Group is a leading luxury fashion house that is committed to sustainability and reducing its environmental impact. The company has implemented a range of measures to reduce its carbon footprint, including the use of renewable energy sources, corporate PPAs, and energy-efficient technologies and practices. Salvatore Ferragamo Group's commitment to sustainability extends beyond its own operations, and the company has implemented sustainable sourcing practices and a circular economy approach. Overall, Salvatore Ferragamo Group is a leader in the fashion industry in terms of sustainability and environmental responsibility.