In 2023, Benetton Group defined its sustainability strategy, leveraging the Company’s vision as a positive driver of change and the interpretation of sustainability as a conscious process of evolution in line with people and the planet. The strategy has three key pillars: People, Nature and Circularity.
The sustainability strategy is approved by the Sustainability Committee and the Board of Directors and is shared with the holding company Edizione in order to responsibly integrate the parent company’s strategic influence on sustainability into a shared value creation path.
The Sustainability function, with the support of the Sustainability Committee, is responsible for defining the priority ESG objectives for Benetton Group and coordinating the other corporate departments to ensure the execution of the defined strategic guidelines, as well as overseeing the management of social, environmental and economic impacts.
Safeguarding People
United in safeguarding people: people are at the core of the strategy of the Benetton Group, which has always shown its commitment with its campaigns addressing issues related to diversity and inclusion. Benetton Group is committed to creating a corporate culture of sustainability, designing ways of working that maximize employee well-being and protecting the human rights of all the people who work for the company, throughout the value chain.
Protecting Nature
United in protecting nature: in a context where natural environments are threatened by the climate crisis and inappropriate resource management, Benetton Group recognizes its responsibility to reduce greenhouse gas emissions in line with the approved Science Based Targets and mitigate its impact on water and biodiversity by defining a concrete and ambitious plan of action.
Maximizing Circularity
United in maximizing circularity: considering the impact of products, the company’s goal is to decouple economic growth from resource consumption. Benetton Group prioritizes the transformation of the product portfolio by increasing the use of low-impact materials and implementing circular planning principles.