Brunello Cucinelli S.p.A. | Council for Inclusive Capitalism

Brunello Cucinelli S.p.A. (Italian pronunciation: [bruˈnɛllo kutʃiˈnɛlli]) is an Italian luxury fashion brand which sells menswear, women's wear and accessories in Europe, North America and East Asia.[2] The brand has deeply rooted moral values, such as being a "humanistic enterprise" and using craftsmanship to lend moral dignity to both the artisan and the owner.

Brunello Cucinelli

Executive Chairman and Creative Director, Brunello Cucinelli S.p.A.

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We believe it is vital to state clearly to the world the set of our beliefs about Inclusive Capitalism. As such, we start with our Statement of Guiding Principles for Inclusive Capitalism. Knowing that words alone are not enough, each of us is making a series of commitments about how we will operate our institutions so that they help achieve Inclusive Capitalism. These commitments are forward-looking statements based on current goals, expectations and assumptions, which are not guarantees of future performance. For more information, please refer to our Terms of Use

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Summary

Brunello commits to a 70% reduction of Scope 1 and Scope 2 emissions (compared to 2019), and a -22.5% reduction of Scope 3 emissions (compared to 2019) by 2028.

Activities & Initiatives

Brunello Cucinelli's emission reduction targets were defined in line with the Science-Based Target initiative (SBTi). In August 2023, Brunello's emission reduction targets were approved by SBTi.

Measures & Targets

Brunello will measure progress through the percent reduction in Scope 1, 2, and 3 emissions with the ultimate goal of a -70% reduction of Scope 1 and Scope 2 emissions (compared to 2019), and a -22.5% reduction of Scope 3 emissions (compared to 2019) by 2028.

Summary

Brunello commits to increase its use of FSC certified products to 100% by 2023.

Activities & Initiatives

The most common materials used for packaging are paper/cardboard and plastic (some of which is bio-compostable); for hangers wood and liquid wood. The search for alternative packaging solutions with a lower environmental impact has led the Company to use fabric (cotton) containers as a packaging component, which allow for better preservation of certain products – for example, footwear, bags and accessories – and reuse by the retail customer. For gift boxes shipped via the e-commerce channel, we opted for a box produced from FSC®-certified sources and an inner box designed to be kept and reused over time thanks also to the self-assembling structure, which allows it to be flattened and stored in very little space.

Measures & Targets

We aim to increase the use of FSC certified products from a current baseline of 75% to 100% by 2023.

Summary

We aim to have 100% recycled paper/cardboard used in garment packaging by 2023.

Activities & Initiatives

With regard to folded garments – which account for around 65% of the shipping/sales packaging – special tests have been performed, with excellent results, for the use of 100% recycled paper/cardboard packaging by 2023. In fact, in 2021 about 35% of the packaging used for “folded garments” is made of recycled paper/cardboard and this percentage is expected to increase to about 70% by next year. In the case of “hanging garments” – which account for about 35% of the shipping/sales packaging – the packaging is currently made of non-recycled paper/cardboard. Here too, tests are under way to use other 100% recycled packaging solutions.

Measures & Targets

Brunello will track sourcing to confirm 100% recycled paper/cardboard used in garment packaging by 2023.

Summary

Brunello commits to eliminate all fossil plastic bag use by 2022.

Activities & Initiatives

With regard to plastic bags, since August 2021 we have started to use bio-compostable plastic bags – a total of 47 tonnes were purchased in the year – and our aim is to achieve the complete elimination of fossil plastic by using more and more organic material. Plastic bags are expected to be completely replaced by 2022.

Measures & Targets

Since August 2021 we have started to use bio-compostable plastic bags – a total of 47 tonnes were purchased in the year – and our aim is to achieve the complete elimination of fossil plastic by using more and more organic material.

Summary

In order to promote ethical business practices, we will confirm completion of training for all employees on anti-corruption, whistleblowing, and 231 Model by 2028.

Activities & Initiatives

We will establish mandatory trainings for all employees on anti-corruption, whistleblowing, and 231 Model.

Measures & Targets

Brunello will track progress by the percentage of employees trained, with the ultimate goal of 100% of staff marked as completed trainings by 2028.

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Recognizing it will take alignment of all our organizations to scale impact globally, we invite you to join the movement as a Steward of Inclusive Capitalism. Together, the collective action of Council members will contribute to a fairer, more inclusive and sustainable future for all people and our planet.