Benetton Group is one of the world’s best-known fashion companies thanks to a unique identity built on knitwear, quality, color and respect for diversity. Founded in 1965 in Ponzano Veneto, in the province of Treviso, the Group operates in the main international markets with its two brands: United Colors of Benetton and Sisley. Social commitment has always accompanied Benetton Group’s global expansion. Over the decades Benetton Group has become the bearer of a universal message of humanity and tolerance and has implemented controls over its supply chain based on respect for ethical, environmental and labour law principles in addition to criteria of quality, competitiveness and transparency. Today, Benetton Group is committed to being a globally responsible company from a social, environmental and economic perspective, growing together with the communities in which it operates.
Benetton Group is committed to adopting a responsible production and consumption business model, decoupling the company's economic performance from the increase in the volume of garments produced (baseline 2019); this strategy is based on the recovery of margins per product, on the improvement of the sell-through in the direct and indirect channel and on the experimentation of new business models which favour the garment durability - physical and emotional - and the re-entry into the production cycle of recovery materials. The Group makes the voluntary and deliberate choice to define the development of the company in accordance, not in contrast, with the community and the natural environment in which it operates.
By following this approach, in 2023 the total production volume for Benetton Group amounted for 60 540 044 items, a decrease of 10% compared to last year and 20% compared to 2019, with the commitment to maintain this trend in the next years.
Benetton Group acknowledge that an enduring sustainable development can only be achieved by finding the right balance between economic, environmental and social aspects.
Benetton Group is committed to pursue a Just Transition strategy that ensures this coexistence of interests while transitioning to a low-carbon future. The company is dedicated to assessing and identifying in the near future the potential negative social impacts caused by the actions undertaken to achieve its climate goals and to working to cease and mitigate these adverse effects on the local communities and other affected stakeholders.