The company is committed to using renewable energy and signed an electricity supply contract for 2021 which will see only renewable sources used, however does not make an explicit commitment to use 100% renewable electricity in the future.

pg. 130

"In addition to optimisation of energy consumption, for several years the Group has been committed to using energy from renewable sources: TOD’S has installed two photovoltaic systems, one at the Brancadoro headquarters, which has been operating since 2011, and the other at the Arquata del Tronto plant (which became operational in 2018). The Brancadoro system has an installed power of 956.88 kWp, while the Arquata del Tronto system has an installed power of 50 kWp. In 2020, the systems produced a total of around 3,770 GJ of energy (in line with the previous year), respectively meeting around 16% of the headquarters requirements and 17% of the Arquata del Tronto plant’s requirements. TOD’S a lso has geothermal facilities at its headquarters which are used to guarantee sustainable power for its heating and air-conditioning systems.

An electricity supply contract has been signed for the Brancadoro complex for 2021 which will see only renewable sources used.

In terms of the reduction of energy consumption relating to the Group's fleet of vehicles, the policy relating to the fleet was updated and vehicles with lower environmental impacts were added, such as full-electric, hybrid and methane cars."