To see the beauty of life
“To see the beauty of life”. This is Luxottica’s vision of sustainability and has always been part of its DNA and business approach. It stems from a notion of universal beauty, visible to everyone, that assumes a tangible form in the search for a balance between personal well-being, respect for the environment, ethics and the transparency of relations.
Luxottica has always been committed to making the best eyewear in the world - innovative in design and excellent in quality – to enable people to see and 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
Luxottica’s vision of sustainability is founded on four pillars that correspond to specific commitments and concrete actions: Commitment to excellence, Visual wellbeing, Social impact and Protecting the environment.
When defining these pillars the Company took much of its inspiration from the international context, including the United Nations 2030 Agenda, which established the Sustainable Development Goals (SDGs) to be met by 2030, and the Paris Climate Change Conference (COP21), which defined a global action plan to avoid dangerous climate change by limiting global warming to well below 2ºC.
Sustainability in its widest meaning - environmental, social, economic –has deep roots in Luxottica’s history, becoming part of the Company culture over the years and permeating the entire value chain.
Founded in 1961 among the Belluno Dolomites of Italy, Luxottica has grown decade by decade into a global company and a leading designer, manufacturer and distributor of fashion, luxury and sports eyewear. Growth and success have gone hand-in-hand with the Company’s commitment to sustainable development, proved by the focus on the well-being of the its employees, the strong sense of corporate citizenship and the respect for the environment.
In addition, the distinctive, vertically integrated business model enables Luxottica to oversee the entire value chain. This guaranteed control of all phases - from design to distribution - also enables it to closely oversee environmental issues, health and safety and human rights along the value chain and, ultimately, to adopt socially responsible practices.
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.
The environment is another key element in Luxottica’s vision of Sustainability. The commitment and motivation to protect the resources and landscape by minimizing the impact of the activities on the environment comes from long ago. 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, are deeply rooted in the DNA of the Company. And it inspires everyday actions and sustainable choices in every country where the Group operates.
In sharing the sustainable actions and initiatives done in the main business areas and geographies, Luxottica demonstrates its ability to create value over time. Examples are the well-being of its employees, the economic and social development of the communities in which it operates, the protection of the environment in those territories and the increased awareness around quality eyecare.
Commitment to excellence
Luxottica’s continuous quest for excellence, its ability to reinvent itself and innovate are part of the company’s story and characteristic of its 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 the emergence of new standards and requirements and the interests of its 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
Luxottica’s desire to preserve and protect natural resources and landscape, reducing the impact of its activities on the environment, is rooted in the company’s bond with the communities where it operates. Since the construction of its first building in Agordo among the Belluno Dolomites, now a National Park, Luxottica has made preservation an important responsibility that involves the entire organization and guides sustainable actions and decisions throughout the year.
Luxottica began its non-financial reporting process in 2016, with the dual goal of beginning to communicate its sustainability initiatives and their results in a transparent and systematic way, and of laying the foundations for its compliance with the rules outlined in the Non-financial reporting directive (Directive 2014/95/EU).
Following the combination with Essilor and the creation of EssilorLuxottica in 2018, Luxottica’s 2019 and 2020 non-financial information are included in the related EssilorLuxottica Non-financial statements. To learn more, please, explore the dedicated Chapter 4 in EssilorLuxottica 2019 and 2020 Registration Documents.
For details about Luxottica’s sustainability achievements in 2017 and 2018 please refer to the related Non-Financial Statements available here.