Sustainability Summary
- This is an unclaimed profile. Falabella has not joined Sustainability Tracker to verify their sustainability credentials. We gathered what we could from public sources.
Falabella has incorporated sustainability into its business model and describes its approach as covering environmental initiatives, local development, local talent, inclusion and supplier management across Chile, Peru and Colombia. Its sustainability report sets regional goals to 2030 and a climate commitment to 2035. Reported priorities include circular economy initiatives such as repair, renovation, restoration and second-hand sales; education through the Making School programme; women’s empowerment and labour insertion; diversity and inclusion; and work with suppliers through social audits. The company also states that sustainability is managed across the value chain and is linked to its retail operations and regional footprint.
Falabella Sustainability Actions
Falabella Sustainability Commitments
2030
Circular economy expansion
We want to grow with the F workshops until we have them in 40% of all our stores at a regional level, and increase by 50% the type of services we provide in them.
2030
Conscious brands target
At the level of conscious brands, we are looking for at least 30% of the products we sell to have some sustainable attribute, backed by international certifications, and also for 30% of the units we sell to have chemical use and human health certifications.
2035
Net zero scope 1 and 2
In climate commitment, by 2035 we must be net zero in scope 1 and 2, it is something that we are pushing as a complete company, as a holding company.
