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In order to establish its annual ranking, the Business of Fashion Sustainable Index 2022<\/strong> analyses publicly available information on companies in three categories: luxury, sportswear and consumer fashion.<\/p>\n <\/p>\n <\/p>\n Last year’s leader, Kering<\/strong>, comes in second place in the ranking just after sportswear brand, Puma<\/strong>. However, Kering remains ahead of its competitors in the same sector. Levi Strauss, H&M<\/strong> and Burberry<\/strong>, which appear for the first time in this ranking, complete the podium.<\/p>\n <\/p>\n Kering has placed sustainable development at the heart of its convictions in its strategy, and it is a source of inspiration and innovation for the group and its Houses. Fran\u00e7ois-Henri Pinault<\/strong>, CEO<\/strong> of the Kering Group<\/strong>, declared that “luxury and sustainable development are one and the same”.<\/em><\/p>\n <\/p>\n Care, Collaborate, Create are the three major pillars that structure Kering’s sustainable development strategy for 2025<\/strong>. The objective is to shape the luxury of tomorrow by respecting people and preserving natural resources through transparency, sharing and continuous improvement.<\/p>\n <\/p>\n Kering has also developed an innovative tool to quantify the environmental impacts of its activities : the EP&L<\/strong> (Environmental Profit & Loss). These commitments are now paying off for the French group.<\/p>\n <\/p>\n <\/p>\n According to the Business of Fashion report, the fashion industry is falling behind on its social and environmental commitments. It is at risk of not meeting the major commitments of the Paris Agreement<\/strong> and the 17 UN Sustainable Development Goals<\/strong> (SDGs<\/strong>).<\/p>\n <\/p>\n “There are a few frontrunners who are making small steps forward, but overall the industry is extremely underperforming,”<\/em> Sarah Kent<\/strong>, who covers sustainability at Business of Fashion,<\/strong> commented to Reuters. “We don’t see evidence of the deep transformations the sector would need over the next eight years to meet the goals of the Paris Climate Agreement”<\/em> and the UN’s 2030 SDGs, she says.<\/p>\n <\/p>\n As a reminder, the main objective of the Paris Agreement is to reduce greenhouse gas emissions in the European Union by at least 40%<\/strong> by 2030<\/strong> compared to 1990<\/strong> levels. The Sustainable Development Goals were adopted by the United Nations<\/strong> in 2015<\/strong>. They aim to act to eradicate poverty, protect the planet and ensure that all people live in peace and prosperity by 2030<\/strong>.<\/p>\n <\/p>\n “This is a huge challenge for fashion business leaders: how do you satisfy your shareholders and demonstrate that you can continue to drive financial growth without continuing to produce more, and therefore extract more (raw materials) and therefore produce more waste?”<\/em> asks Sarah Kent<\/strong>.<\/p>\n <\/p>\n <\/p>\n <\/p>\n Read also >\u00a0THE FASHION AND LUXURY INDUSTRY GIVES A GENERALLY POSITIVE ASSESSMENT OF THE FIRST MACRON QUINQUENNIUM<\/a><\/p>\n <\/p>\n Featured photos : \u00a9 Kering[\/vc_column_text][\/vc_column][\/vc_row][vc_row njt-role=”not-logged-in”][vc_column][vc_column_text]<\/p>\n <\/p>\n <\/p>\n \u00c0 l\u2019occasion du salon TFWA World Exhibition & Conference <\/strong>en octobre dernier, le Pr\u00e9sident de TFWA<\/strong> avait annonc\u00e9 le lancement d\u2019une plateforme d\u00e9di\u00e9e aux professionnels du duty free<\/strong> et du travel retail<\/strong><\/p>\n <\/p>\n Cette plateforme est une ressource unique, permettant aux professionnels du secteur de d\u00e9couvrir les derniers d\u00e9veloppements du march\u00e9 et les strat\u00e9gies innovantes. Elle permet \u00e9galement de cr\u00e9er des r\u00e9seaux avec leurs pairs et de d\u00e9couvrir les tendances cl\u00e9s qui animent le march\u00e9 mondial du travel retail, \u00e0 la fois pendant les \u00e9v\u00e9nements TFWA et tout au long de l’ann\u00e9e.<\/p>\n <\/p>\n […][\/vc_column_text][vc_cta h2=”This article is reserved for subscribers.” h2_font_container=”tag:h2|font_size:16|text_align:left” h2_use_theme_fonts=”yes” h4=”Subscribe now !” h4_font_container=”tag:h2|font_size:32|text_align:left|line_height:bas” h4_use_theme_fonts=”yes” txt_align=”center” color=”black” add_button=”right” btn_title=”I SUBSCRIBE !” btn_color=”danger” btn_size=”lg” btn_align=”center” use_custom_fonts_h2=”true” use_custom_fonts_h4=”true” btn_button_block=”true” btn_custom_onclick=”true” btn_link=”url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F”]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…<\/p>\nSustainable development, a priority for Kering<\/h2>\n
Fashion, an industry lagging behind<\/h2>\n
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L\u2019expert du travel retail TFWA am\u00e9liore et affine le d\u00e9veloppement de sa plateforme num\u00e9rique : TFWA 365.<\/h4>\n