Climate Change Data

AEFFE Group

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Scope 1 Emissions:1,274.32 tCO2eq
Scope 2 Emissions:2,557.92 tCO2eq
Total Energy Consumption:533,610 kWh (self-generated by PV installations)
Waste Generated:326.90 t (generated by 2 production facilities)

ESG Focus Areas

  • Planet & Environment
  • People & Community
  • Product & Supply Chain

Environmental Achievements

  • 14% reduction in paper consumption compared to 2022
  • Installation of a next-generation solar PV system in Gatteo
  • Significant improvement in separate waste collection, aiming for zero mixed waste by the end of 2025
  • Implemented energy efficiency project at San Giovanni in Marignano and Gatteo sites (remote management of air-conditioning and LED lighting replacement)

Social Achievements

  • Launched a remote working experiment involving over 200 workers
  • Implemented a performance review system
  • Provided 10 e-bikes at the San Giovanni in Marignano site, covering over 1,700 km and saving an estimated 183 kg of CO2
  • Offered two sustainability training courses, with 27% of employees completing at least one course
  • Donated fabric and linings to dressmaking schools
  • Joined the Fondazione Libellula network for inclusive workplace creation

Governance Achievements

  • Updated sustainability plan aligned with the 2030 Agenda and material topics
  • Defined Sustainability Governance Procedure regulating roles and responsibilities for sustainability projects
  • Public commitment to abolish the use of animal fur and angora wool from 2024, adopting the Fur-Free Retailer Standard
  • Introduced a new ESG qualifying procedure for vendors, assessing all new vendors of finished products in 2023

Climate Goals & Targets

Long-term Goals:
  • Net-zero emissions
Medium-term Goals:
  • Committing to the Science Based Targets initiative (SBTi)
Short-term Goals:
  • 50% reduction in printouts by the end of 2025
  • >50% percentage of plastic recycled from the underwear/beachwear polybags by the end of 2024

Environmental Challenges

  • Reducing environmental impact, especially water usage
  • Embracing circular and sustainable production models to meet legislation and consumer demands
  • Quantifying and reducing emissions internally and along the value chain to achieve net-zero emissions
Mitigation Strategies
  • Three-year action plan to quantify and reduce emissions
  • New data collection methods for Scope 1 and 2 emissions, with plans to collect Scope 3 data in 2024 and 2025
  • Appointment of an Energy Manager
  • Improved energy efficiency measures
  • Refined water consumption data collection
  • Target of 50% reduction in printouts by the end of 2025
  • Joining the Re.Crea consortium for textile waste management
  • Partnership with the “Re-Waste. Circular Ecosystems in Textile Chain” project

Supply Chain Management

Supplier Audits: 100% of new vendors of products commercialized assessed using the new ESG qualification procedure

Responsible Procurement
  • New ESG qualifying procedure for vendors

Climate-Related Risks & Opportunities

Sustainable Products & Innovation

  • Limited edition unisex pullover using recycled cashmere (Save the Glacier project)
  • Increased use of organic and recycled cotton in Moschino and Philosophy di Lorenzo Serafini product lines