Safilo Group is pleased to announce that its near-term science-based targets  have been validated by the Science Based Targets initiative (SBTi), a partnership between the CDP, the  United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature  (WWF), which promotes ambitious climate action in the private sector by enabling organizations to set  science-based emissions reduction targets.  

In March 2023, during the presentation of the Group’s Business Plan, Safilo also detailed the goals of its  sustainability strategy, including near-term science-based targets. The SBTi evaluated Safilo’s scope 1  and 2 target ambitions as in line with a trajectory of limiting global warming to 1.5°C above pre-industrial  levels. 

Safilo’s near-term science-based targets are to reduce scope 1 and 2 GHG absolute emissions by 70% by  2030 from a 2022 base year, and to reduce scope 3 GHG absolute emissions from purchased goods and  services and upstream transportation and distribution by 25% within the same timeframe.  

According to the Science Based Targets initiative, science-based targets provide a clearly defined pathway  for companies to reduce GHG emissions, helping to prevent the worst impacts of climate change and to  future-proof businesses. Targets are considered ‘science-based’ if they are in line with what the latest  climate science deems necessary to meet the goals of the Paris Agreement – limiting global warming to  1.5°C above pre-industrial levels.

 

About Safilo Group  

Established in 1934 in Italy’s Veneto region, Safilo Group is one of the eyewear industry’s key players in the design, manufacturing  and distribution of prescription frames, sunglasses, outdoor eyewear, goggles and helmets. The Group designs and manufactures  its collections by blending stylistic, technical and industrial innovation with quality and skillful craftsmanship. With an extensive  global presence, Safilo’s business model enables it to monitor its entire production and distribution chain. From research and  development in five prestigious design studios, located in Padua, Milan, New York, Hong Kong and Portland, to its company 

owned production facilities and network of qualified manufacturing partners, Safilo Group ensures that every product offers the  perfect fit and meets the highest quality standards. Reaching approximately 100,000 selected points of sale worldwide with an extensive wholly owned network of subsidiaries in 40 countries and more than 50 partners in 70 countries, Safilo’s well-established  traditional wholesale distribution model, which encompasses eyecare retailers, chains, department stores, specialized retailers,  boutiques, duty free shops and sporting goods stores, is complemented by Direct-to-Consumer and Internet pure player sales  platforms, in line with the Group’s development strategies.  

Safilo Group’s portfolio encompasses home brands: Carrera, Polaroid, Smith, Blenders, Privé Revaux and Seventh Street. Licensed  brands include: Banana Republic, BOSS, Carolina Herrera, Dsquared2, Etro, Eyewear by David Beckham, Fossil, havaianas,  HUGO, Isabel Marant, Juicy Couture, Kate Spade New York, Levi’s, Liz Claiborne, Love Moschino, Marc Jacobs, Missoni, M  Missoni, Moschino, Pierre Cardin, PORTS, rag&bone, Stuart Weitzman, Tommy Hilfiger, Tommy Jeans and Under Armour. 

The parent company, Safilo Group S.p.A., is listed on the Euronext Milan organized and managed by Borsa Italiana (ISIN code  IT0004604762, Bloomberg SFL.IM, Reuters SFLG.MI). In 2022, Safilo Group recorded net revenues for Euro 1,076.7 million.  

Contacts:  

Safilo Group Press Office  

Elena Todisco  

Elena.todisco@safilo.com 

Mob. +39 339 1919562