Gucci’s inaugural Equilibrium Impact Report reveals progress for the planet and people
Gucci has published its first-ever Equilibrium Impact Report which outlines its goals for lasting positive social and environmental impact—and the fashion house is sharing some encouraging results.
The report reveals that Gucci has surpassed its 2025 reduction target four years ahead of schedule, sharing a 44 percent reduction of total environmental impacts and a 47 percent decrease in greenhouse gas emissions from a 2015 baseline. The report also shows a 17 percent decrease in Gucci’s greenhouse gas emissions and a 9 percent reduction of its total footprint compared to 2019.
“Our inaugural Gucci Equilibrium Impact Report illustrates our actions and commitments to be inclusive, sustainable, responsible and accountable in everything we do,” said Marco Bizzarri, Gucci’s president and CEO. “We have surpassed our target to reduce our total footprint four years early, an achievement that underlines our commitment to transformative change. It is our mission to be part of the solution for a better tomorrow and we will continue to build authentic value across our business and in the wider world—value for people, value for climate and value for nature."
Gucci Equilibrium not only focuses on positive environmental action, but also on fostering an ethical and inclusive corporate culture.
“What we stand for and how we act towards one another is at the very core of who we are. Fuelling our creative vision is a desire to empower people to live a life of self-expression, so that everyone in our global community is free to be their authentic and unique selves. Our combined differences are what allow us to thrive and we foster an environment that is respectful, inclusive and diverse where everyone is considered equal," reads the report. "This also means making sure that the people who help create our collections are treated fairly along our supply chain. Using our voice to stand up for social justice in the world and generate positive change drives us forward into a fair, just and equitable future for all.”
Gucci's report continues to be transparent about its work for people and the planet, sharing the following highlights.
- Best Workplace 2020 in Italy for the second year in a row
- Established Global Equity Board to further integrate and reinforce diversity, equity and inclusion
- Four percent female members of management globally and rated 98/100 on the 2020 Gender Parity Index in France
- More than $17.5 million raised to support gender equality projects and advocacy through Chime for Change, funding 442 projects in 89 countries and directly impacting 28,379 women and girls in 2020
- Received the “Working for Refugee Integration” award by the United Nations Refugee Agency (UNHCR) in 2020 for the second consecutive year
- More than €2.5 million donated to support COVID-19 relief initiatives, including promoting equitable access to vaccines globally
- Set up program with Banca Intesa Sanpaolo to support Italy’s fashion suppliers during the pandemic, providing quick access to loans with favourable terms and equaling over €200 million in loans as of 31 December 2020
- Launched $5 million Changemakers Fund to promote social good and racial justice in diverse communities across North America, which positively impacted over 52,000 people in 12 cities in 2020, and a $1.5 million scholarship program to support diverse young talents entering the fashion industry
- Launched Gucci École de l’Amour to pass on luxury craftsmanship skills, with 526 student artisans enrolled since 2018
- Introduced Gucci Design Fellowship Programme, a collaboration to provide young designers from 10 international fashion schools with hands-on experience, while facilitating cultural exchange.
- 2020 EP&L analysis showed a -44 percent reduction of Gucci’s total environmental footprint and a -47 percent decrease in its greenhouse gas emissions in its direct operations and across the supply chain since 2015, relative to growth
- Carbon neutral in scopes 1,2 and 3 of the Greenhouse Gas Protocol since 2018
- 93 percent renewable energy consumption worldwide (stores, offices, warehouses, Gucci-owned factories) in 2020, with a 100 percent target by 2022
- 95 percent overall traceability of materials
- Explored circular business models and created first circular collection 'Gucci Off The Grid' under Gucci Circular Lines
- Launched new eco-friendly green packaging for stores and online
- Achieved ISO 20121 sustainability certification for events, including fashion shows
- Invested in the protection and restoration of over 9 million hectares of forests, mangroves and biodiversity
- Introduced Gucci’s Natural Climate Solutions Portfolio, including investments in regenerative agriculture
- Partnered with The Lion’s Share Fund to protect endangered wildlife and habitats