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Ferragamo

Salvatore Ferragamo is a luxury goods company founded in 1927 and based in Florence, Italy. The company creates, produces and sells shoes, leather goods, apparel, silk products, and other accessories for both men and women. The company also sells eyewear, watches and perfumes. Ferragamo is present in over 90 countries around the world and employs 3,830 people. In 2022, it's revenue was USD 1.25 billion.

Summary

Ferragamo ranks 72nd overall and 33rd in the Apparel sector. It has improved its sector ranking by 10 places since 2019. Its best performance is on remedies and grievance mechanisms. The company has an opportunity to improve its performance on human rights practices.

The company has established policy commitments to respect fundamental human and labour rights and made these commitments contractual for its suppliers. It discloses how it trains its suppliers on its human rights commitments and takes human rights performance into consideration when deciding to start or continue business relationships.

Ferragamo has an opportunity to disclose how it monitors compliance with its human rights policies, as well as how it monitors the scope of human rights issues in its supply chain. It could also disclose how it assigns board and senior level responsibility for managing human rights, as well as its due diligence process for identifying, assessing and mitigating human rights risks across its operations.

Ranking position: #72 /110
Total score: 11.7 /100

Measurement theme	Score	Rank (0-110)
Governance and policy commitments	#1 1.9 /10	#60
Embedding respect and human rights due diligence	#1 1.4 /25	#75
Remedies and grievance mechanisms	#1 4.5 /20	#45
Performance: Practices	#1 1.6 /25	#79
Performance: Responses	#1 2.3 /20	#65

Sector
Apparel	#33

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2020

This company is part of the SDG2000, the 2,000 most influential companies

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