Climate Change Data

Sergio Rossi S.p.A.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:707.8 tCO2e/year (Scope 1 and 2 Location-based)
Scope 1 Emissions:141.5 tCO2e/year
Scope 2 Emissions:566.3 tCO2e/year (Location-based)
Scope 3 Emissions:393.2 tCO2e/year
Renewable Energy Share:20% (from photovoltaic system)
Total Energy Consumption:12,129.0 GJ/year
Water Consumption:10,184 m3/year
Waste Generated:25.610 tons/year

ESG Focus Areas

  • Environment
  • Human Capital
  • Local Communities

Environmental Achievements

  • 100% of purchased electricity certified as produced from renewable sources for Italian factory, offices, and stores
  • Photovoltaic system covers 20% of San Mauro Pascoli plant's electricity needs, avoiding over 1,300 tons of CO2 emissions
  • 470,144 kWh of electric energy produced by photovoltaic panels and internally consumed
  • 50% of total waste diverted from disposal through recycling initiatives

Social Achievements

  • 60% of technicians and artisans have been with the company for more than 10 years
  • 64% of employees are women
  • 93% of employees hold permanent contracts
  • Launched srAcademy, a comprehensive retail training program delivering 1,738 hours of training in 2023

Governance Achievements

  • No legal violations, sanctions, or fines received during the reporting period
  • Updated organizational, management, and control model in accordance with Legislative Decree no. 231/2001 and new whistleblowing regulations
  • Implemented brand protection initiatives to counter unlawful actions and guarantee customer safety

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Complete LED relamping project to further reduce electricity consumption

Environmental Challenges

  • Turbulent macroeconomic trends, rising costs, and difficulties across the fashion industry
  • Maintaining low costs
  • Increasing interest rates and higher financial costs
Mitigation Strategies
  • Implementing energy efficiency and emission reduction initiatives
  • Maximizing waste separation and recycling
  • Optimizing stock resources and packaging

Supply Chain Management

Responsible Procurement
  • Majority of suppliers are Italian (97%), with 28% located in Emilia-Romagna region
  • Selection of suppliers based on quality, cost, and efficiency
  • Suppliers must comply with Restricted Substances List (PRSL)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards 2021, UN Global Compact

Certifications: ISO 27001 (IT Security Management System)

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 8 (Decent work and economic growth)
  • Goal 9 (Industry, innovation, and infrastructure)
  • Goal 11 (Sustainable cities and communities)
  • Goal 12 (Responsible consumption and production)
  • Goal 13 (Climate action)

Initiatives contribute to these goals through renewable energy use, employee well-being, local community development, sustainable sourcing, waste reduction, and emission reduction.