Falabella

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Falabella Sustainability Actions

Sustainability in business model

In 2023 sustainability is incorporated into the company's business model: it is no longer a component that tries to generate activities related to what we do in the business, but rather we think about the business with a sustainability focus.

Published regional sustainability goals

Falabella Retail published its most recent sustainability report in May of this year. It contains the goals it has in terms of commitment and sustainability approach to 2030 at the regional level, thinking about the three countries where we have operations.

Circular economy initiatives

Last year the strongest thing has been giving a second life to fashion, framed in the circularity strategy, which we call the circular economy ecosystem. There we have initiatives such as Taller F, barter, Closet Sales or second-hand sales, which grew quite a bit.

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Making School programme

In Local Development, which articulates intervention in the community, we have two very large focuses, one is the promotion of social development behind education, through the Making School program, which is now 55 years old, where we seek to improve the education of children in basic education, in a universe of 94,000 in 105 establishments in Chile, Peru and Colombia.

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Women’s empowerment project

We have the Fuertes y Fantásticas project, which allows the empowerment and labor insertion of women, with success rates of 50%.

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Local artists collaborations

In addition, we had more than 40 collaborations with local artists.

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Gender equity management system

Last year we began working on the implementation of a gender equity management system using different tools such as policies, procedures, communication, governance, all designed to implement a system that seeks gender equity and conciliation between personal, family and professional life of women.

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