Salvatore Ferragamo SpA (Salvatore Ferragamo), an Italian luxury apparel company, ranks 53rd out of 65 companies. Compared to 2021, the company does not seem to have taken steps to strengthen its performance and disclosure on forced labour issues within its supply chain. The company’s score is based on its disclosure of a supplier code of conduct that includes a provision on forced labour and requires direct suppliers to cascade the same standards to sub-suppliers, limited information on a human rights risk assessment process, and limited disclosure on social auditing. However, the company scores below average across all themes, and does not disclose any action taken on the themes of Purchasing Practices, Recruitment, Worker Voice, and Remedy, scoring 0. Notably, Salvatore Ferragamo is the lowest-scoring European company, and the lowest-scoring high-luxury brand, in the benchmark.
Steps the company could take to address forced labour risks in its supply chains, include disclosing policies and practices on themes including Commitment & Governance, Traceability & Risk Assessment, and Worker Voice.