To see the
beauty of life
This is the vision that inspires Luxottica’s sustainable business approach and is an integral part of the Group’s strategy. It stems from a notion of universal beauty that comes to life at the intersection of personal well-being, respect for the environment, ethics and the transparency of relations.
Luxottica has always been committed to making the best glasses possible - innovative design, exceptional quality and cutting-edge processing methods – to enable people to enjoy the beauty of life in all its forms:
- The beauty of the world that surrounds us: to understand, protect and enhance
- The beauty of looking ahead and seeing a better future
- The beauty of defining one’s personal style in a creative and informed way; the beauty of eyewear designed for both seeing and seeing ourselves in the best possible light
Sustainability in its wider meaning - environmental, social, economic - is a principle which is deeply rooted in Luxottica’s story and one that has evolved over the years to become part of the fabric of the Company.
Leveraging on the excellence of the Group, Luxottica intends to make a greater contribution to the economic and social progress of the communities in which it operates.
This strategy is carried out in the most immediate and effective way by the Code of Ethics in which all the principles and fundamental values that inspire Luxottica’s way of doing business come to life. Because of its relevance, the Code of Ethics applies to all brands, businesses and geographies of the Group and must be adopted by all the stakeholders that have a direct relationship with Luxottica including employees, partners and suppliers.
The environment is another key element in Luxottica’s vision of Sustainability. The Company was founded close to what is today the National Park of the Belluno Dolomites. The affinity and the respect for this territory, which is a UNESCO World heritage site because of its beauty and universal value, are deeply rooted in the DNA of the Company and these values have grown together with the Group. The commitment and motivation to protect the resources and landscape by minimizing the impact of the activities on the environment comes from long ago. And it inspires everyday actions and sustainable choices in every country where the Group operates.
The Group’s approach, consistently pragmatic and committed to excellence without compromise, has defined the Company’s Sustainability’s objectives, which go far beyond what is required by Italian and European standards. The Group took inspiration from two most recent experiences: the 2030 UN Agenda establishing the objectives for sustainable development to be reached by 2030 and, for the environment specifically, the Paris Conference on Climate (COP21) defining a global action plan to avoid threatening climate changes by limiting the overall global warming way below 2°C.
Luxottica’s vision of sustainability is founded on four pillars that correspond to specific commitments, concrete actions and increasingly challenging goals for the Group.
Commitment to excellence
In its continuous quest for excellence, its ability to reinvent itself and innovate are part of the story of Luxottica and characteristic of the Group’s business approach. This commitment can be seen everywhere and it shapes Luxottica’s long-term goals and success. It is a reflection of the Group’s untiring desire to keep evolving and improving while staying faithful to its principles.
Luxottica promotes the well-being and health of the eyes through the excellence of its products and its world-class customer service in stores and online. High quality glasses and lenses, the result of continuous design, material and technology innovations, are complemented by the cutting-edge ophthalmic treatments and eye exams available in the Group’s over 5,100 optical retail stores around the world.
Since the outset Luxottica has stood out for being a socially responsible company, ready to respond with innovative solutions to changes and the emergence of new requirements from communities and employees. This is a role it will play in an increasingly insightful manner to promote well-being and social equality in the countries where it operates, as well as the professional and personal growth, health and safety of its employees.
Protecting the environment
The desire to preserve resources and promote the beauty of nature and the landscape, reducing the impact of its activities on the environment, has deep roots in Luxottica’s bond with the communities where it operates, which it has protected and promoted since the construction of its first building in Agordo among the Belluno Dolomites, now a National Park. This is an important responsibility that involves the entire organization in its various business areas and locations and daily guides sustainable actions and decisions.
In order to provide a complete and consistent overview of the Group’s activities, in addition to meeting the information requirements of Italian Legislative Decree 254/2016, in 2017 Luxottica outlined a plan to expand its non-financial reporting scope beyond the contents released in its new Sustainability section on Luxottica.com, which has led to the creation of this Statement.
Abstract of Annual Report 2017