Overall net-zero target: Ferragamo SpA commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-term targets: Energy & Industry: Ferragamo SpA commits to reduce absolute scope 1 and 2 GHG emissions 42% by 2030 from a 2023 base year. Ferragamo SpA also commits to reduce absolute scope 3 GHG emissions covering purchased goods and services, upstream transportation and distribution, and downstream transportation and distribution 42% within the same timeframe. FLAG: Ferragamo SpA commits to reduce absolute scope 3 FLAG GHG emissions 30.3% by 2030 from a 2023 base year.* Ferragamo SpA also commits to no deforestation across its primary deforestation-linked commodities with a target date of December 31, 2025. *The target includes FLAG emissions and removals. Long-term targets: Energy & Industry: Ferragamo SpA commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2023 base year. Ferragamo SpA also commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe. FLAG: Ferragamo SpA commits to reduce absolute scope 3 FLAG GHG emissions 72% by 2050 from a 2023 base year.* *The target includes FLAG emissions and removals.