A new tool developed by Kering has made it possible to measure the impact of its activities on the environment.
By Luxus Plus
Luxury group Kering said on Thursday that it had reduced the “global” environmental impact of its activities by 14% between 2015 and 2018, and judges that it is “on the right track” to reach the objectives it has set for 2025. “This annual report reflects very encouraging achievements”, even “if there is still a long way to go, and we are very aware of it”, underlined during a press point Marie-Claire Daveu, director of development Kering’s sustainability. Its objective is to reduce its ecological impact by 40% by 2025.
Among its other ambitions for 2025, the company indicates that it has already reached 100% supply of “responsible” gold for its watches and jewelry, and that the proportion of organic cotton in the collections is established at 30%.
François-Henri Pinault’s group, which owns renowned luxury houses (Gucci, Balenciaga, etc.), has developed a tool called “Environmental Profit and Loss” to measure the impact of its activities on the environment, from the production of raw materials to the sale of finished products. By 2025, it has set itself the goal of reducing its greenhouse gas emissions by 50% compared to 2015, and said Thursday it had achieved a 36% reduction in three years.
In addition, through its forest protection programs, Kering now offsets the total greenhouse gas emissions generated by all of its activities, including its supply chain.
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