With the goal of mitigating its environmental impact and improving its performance, while respecting and protecting the Planet, Golden Goose is committed to working on several fronts, involving all its stakeholders, in the dissemination of a more sustainable business model.

Carbonsink supported Golden Goose in understanding and improving their relationship with nature, analyzing direct and supply chain activities to quantify their impacts and dependencies.

In particular, our team of experts, in order to arrive at a biodiversity strategy, implemented several activities, including:

  • A workshop with the Golden Goose sustainability team and supply chain managers on the relevant context and the main regulations to raise awareness on the subject
  • A benchmark on peers, to identify the commitments and activities of companies in the same and related industries on biodiversity issues
  • A materiality assessment to understand the possible impacts on the environment and which areas of the company’s business may generate pressures on nature
  • An assessment of the business, focusing on key raw materials, to help Golden Goose quantify the impact on biodiversity and ecosystems in terms of land use, climate change, water stress and terrestrial and marine pollution, identifying the most exposed geographical areas;
  • A series of meetings with key suppliers to explore the challenges of climate change and nature conservation.

All assessments carried out with Carbonsink’s support are aligned with the Science Based Targets Network (SBTN), the framework designed to help companies create quantitative, measurable and aspirational targets to make business operations sustainable and ensure healthy ecosystems.

By implementing impact mitigation measures, Golden Goose will further strengthen their biodiversity strategy while ensuring their long-term growth and prosperity.

“Ours is a story of innovation and research, deeply rooted in the heritage of Italian craftsmanship; that is why it is fundamental for us to seek new solutions while gradually transforming our processes and promoting ecosystem restoration. Thanks to the support of Carbonsink we have been able to identify the main drivers of biodiversity loss at sectoral level and progressively integrate these targets in our sustainability strategy.” – Lucia Alfieri, Environmental Coordinator, Golden Goose

Results

  • Acquisition of awareness of biodiversity issues at the level of standards and regulations and market trends
  • Concrete and immediate signal for the development of a sustainability strategy that takes into account biodiversity
  • Quantification and localization of impacts on nature, identification of dependencies and understanding of related potential risks
  • Improvement of business resilience in the medium to long term