The First Group Sustainability Report for 2021 gathers all the sustainability projects and initiatives that the OTB Group is carrying out, setting the baseline for the sustainable blossoming of the company in the upcoming years. It also includes the Group GHG Inventory for 2019, 2020 and 2021.
OTB launched its “Be Responsible. Be Brave.” Sustainability Strategy in 2021, culminating its path to a structured approach to sustainability started in the previous years. The Group Sustainability Strategy features three key areas, expressing the Group’s commitment to the environment, product sustainability and community.
- Climate Strategy
- Protecting Oceans
- Water Stewardship & Chemical Management
THE NEWFASHION SYSTEM
- Sustainable Product Design
- Responsible Sourcing & Traceability
- Fair Wages & Well-being along the Value Chain
- Diversity, Equity, & Inclusion
- Social impact
Protecting Our Planet
With the goal of reducing the Group’s environmental impact and footprint, OTB has targeted to become Net Zero in its own operations by 2030, and in its value chain by 2050. The Group has also committed to set a science-based target through the Science Based Targets initiative and to monitor its Carbon Footprint to define a Group Decarbonization Strategy.
41% Electricity from renewable sources in OTB internal operations.
OTB joined the ZDHC Foundation’s Roadmap to Zero Programme and is committed to phasing out the use of hazardous chemicals from its production processes.
The New Fashion System
OTB challenges the conventional fashion business model paving the way for The New Fashion System. Each OTB Brand is encouraged to generate innovative and responsible products starting from the designing to the disposal phase, and to reduce its environmental impact, by fostering circularity from the beginning of the process. OTB intends also to achieve supply chain engagement, visibility and traceability, and to develop supplier empowerment programs.
Diesel Second hand
Diesel extends its denim lifecycle and increases its product use through a carefully curated selection of Diesel pre-owned denim, meticulously restored, renewed and available in Italian selected stores and online throughout Europe.
Marni upcycled past season collections’ cotton pieces with hand-painted colorful stripes, re-purposing over 800 items as “Miscellaneous Hand Painted Treasures”. It became a project about coming together and belonging, as much as conscious decision-making.
Recicla is Maison Margiela’s term for upcycled garments and accessories repurposed through cutting to liberate the energy of age and reinvigorate the cloth.
Brave Kid for MYAR
A new responsible line for MYAR realized using garments from upcycled fabrics designed with a circular approach in line with the Brand’s philosophy.
A collection based on the research of products that combine aesthetics and comfort, refinement and resistance to atmospheric elements.
Viktor&Rolf Tulle collection
The Viktor&Rolf Tulle collection features a limited-edition capsule collection titled “Lost & Found” which utilizes mindfully upcycled vintage based on Viktor&Rolf’s notion of conscious design.
Founded in 2008, OTB Foundation’s mission is to fight social inequalities and actively contribute to sustainable development versus most disadvantaged people and areas in Italy and across the world.
+300 social projects worldwide developed by the Foundation since its inception.
Directly impacting the lives of approximately 300,000 people.
Children and Young People
Supporting the Italian local suppliers through the Project C.A.S.H.
OTB’s supply chain is the result of close partnerships with around 1,670 suppliers in 39 countries. In 2021, 73% of the Group’s suppliers were based in Italy - a number that increases to 80% for the luxury supply processes - and almost 60% of OTB’s total purchases were also locally carried out in Italy.
With the aim of establishing strong relationships with all its suppliers, OTB has developed the Credit Facilitated Suppliers Help or C.A.S.H. Project, through which the Group extends its own credit score to the actors that make up its supply chain, enabling their further development and growth. During the Covid-19 crisis, the project revealed itself vital in supporting the Group’s supply chain, by involving the suppliers of all Production Hubs: Staff International, where the project initiated, Diesel and Brave Kid.
53% of the suppliers who have joined the C.A.S.H. Project are micro-sized companies
37% are small companies indicating OTB Group’s support for local craftsmanship and Italian suppliers
10% are medium-sized companies