Climate Change Data

Calzedonia Holding S.p.A.

Climate Impact & Sustainability Data (2020, 2022)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:80,794 t CO2e (scope 1 and 2 - market based)
Scope 1 Emissions:37,451 t CO2e
Scope 2 Emissions:43,343 t CO2e
Scope 3 Emissions:1,600,000 t CO2e (estimated)
Renewable Energy Share:48% of total energy use
Total Energy Consumption:1,287,585 GJ
Water Consumption:1,648 megalitres
Waste Generated:16,600 tons
Carbon Intensity:0.32 KgCO2e/pc (2020)

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Reduced energy consumed for lighting by around 50% through investments in LED technology.
  • Invested 6 million euros in photovoltaic plants to achieve zero non-renewable electricity consumption by 2030.
  • Reduced the use of disposable plastic by an estimated 201,000 kg.

Social Achievements

  • Launched a project to promote car sharing between Group employees.
  • Planted more than 18,000 trees.
  • Donated more than 2.15 million euros to the territory in contributions and sponsorships.

Governance Achievements

  • Adopted a new “Supplier Code of Conduct”.
  • Updated sustainability guidelines for product creation with a lesser environmental impact.
  • No episodes of corruption were documented in the Group.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Achieve 100% renewable energy by 2030.
  • Achieve 25% of raw materials with low environmental impact by 2025.
Short-term Goals:
  • Make 65% of electricity from renewable sources by 2022.
  • Increase low environmental impact raw materials to 20% by 2021.

Environmental Challenges

  • Difficulty in finding local staff willing to work in a textile plant in Romania (leading to plant closure).
  • Covid-19 pandemic impacting operations and training.
  • Civil war in Ethiopia impacting operations.
Mitigation Strategies
  • Guaranteed monthly income for all collaborators in countries without social safety nets during the pandemic.
  • Digitised training to overcome pandemic restrictions.
  • Continued to pay monthly salaries to Ethiopian employees despite plant closure due to civil war.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Supplier Code of Conduct
  • Sustainability guidelines
  • Preference for local suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme drought and famine (Ethiopia)
Transition Risks
  • Not disclosed
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI Standards: core option

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Intimissimi Green Collection
  • Calzedonia tights using Q-NOVA recycled yarn

Awards & Recognition

  • Not disclosed

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:67,289 tCO2e/year (Scope 1 & 2)
Scope 3 Emissions:8,500 tCO2e/year (employee travel)
Renewable Energy Share:76% of total energy use
Water Consumption:2,357 megaliters/year
Waste Generated:21,900 tons/year
Carbon Intensity:0.19 kgCO2e/pc in 2022

ESG Focus Areas

  • Environment
  • Community
  • Governance
  • Customers
  • People
  • Supply Chain

Environmental Achievements

  • 76% of electricity used comes from renewable sources.
  • 51,656 tonnes of CO2e saved thanks to interventions to increase energy efficiency and the use of renewable energy.
  • 28% of collections’ products and 28% of the fabrics contain reduced environmental impact materials (exceeding the Fashion Pact goal by three years).
  • Reduced the use of disposable plastic by an estimated 422,000 kg.

Social Achievements

  • Launched a recycling project collecting over 200,000 items of clothing.
  • Planted approximately 2,000 trees by employees in team building projects.
  • Spent more than 100 days cleaning beaches with employees and volunteers.
  • Donated approximately €4,202,142 to social welfare, education, cultural and sports initiatives.
  • Supported the San Zeno Foundation, which financed more than 1400 study, training and work projects worldwide.

Governance Achievements

  • Established a Sustainability Committee.
  • Implemented an ESG performance evaluation program for group suppliers (20 suppliers involved and 14 scheduled audits).

Climate Goals & Targets

Long-term Goals:
  • Net-zero carbon footprint by 2050.
Short-term Goals:
  • Reach 100% renewable electricity by 2030.

Environmental Challenges

  • Supply chain disruptions due to the civil war in Ethiopia.
  • Electricity shortage in Sri Lanka forcing the use of diesel generators.
  • Increased transport costs (7% increase in air freight and 11% increase in average FOB prices by ship).
Mitigation Strategies
  • Provided support to local employees in Ethiopia and repatriated expats.
  • Used diesel generators in Sri Lanka to maintain factory operations.
  • Optimized packaging sizes to minimize partial loads in transport.
  • Used biofuel for shipping, avoiding more than 30 tonnes of CO2e.

Supply Chain Management

Supplier Audits: 14 scheduled audits in 2022

Responsible Procurement
  • Code of Ethics
  • Supplier Code of Conduct
  • Technical Specifications of Conformity
  • ESG Rating for new suppliers (4% in 2022)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards (2021)

Certifications: ISO 14001 (Falconeri Avio factory)

Sustainable Products & Innovation

  • Tights made with Q-NOVA recycled yarn and organic cotton.
  • Intimissimi underwear, pyjamas, and knitwear made from certified fibres.
  • Tezenis collection with organic cotton, Econyl recycled polyamide, and Ecovero viscose.
  • Falconeri coats made with GRS-certified cashmere fabrics.