Kering Sets Emission Reduction Goals, Gains Environmental Group Approval

forest

Kering takes the lead for the apparel industry’s low-carbon future.

The French fashion conglomerate’s carbon reduction plans were verified by The Science Based Targets Initiative, a partnership between environmental organizations that works with companies to meet their sustainability targets. Kering aims to reduce its greenhouse gas emissions by 50 percent in eight years, and it is the first luxury company to have its environmental goals approved by the initiative.

“Contributing to combating climate change and respecting planetary boundaries in the way we do business is a priority for us,” said Marie-Claire Daveu, chief sustainability officer and head of Kering’s International Institutional Affairs. “The Science Based Targets initiative is enabling the business community to set meaningful and measurable goals to ensure that we align with the 2°C global agenda and Kering is proud that our own GHG reduction ambitions have been validated by the initiative.”

Many environmental organizations, including the Carbon Disclosure Project (CDP), World Resources Institute (WRI), World Wide Fund for Nature (WWF) and the UN Global Compact, are part of the initiative. Using the latest climate science, the environmental organizations work with businesses to reduce their carbon footprint. The initiative’s science-based targets enable companies to plan their carbon reduction approaches and determine how much improvement is required for a low-carbon economy in upcoming years.

Along with its commitment to reduce direct emissions, Kering will also reduce its indirect emissions from distribution and transportation operations, business flights and energy use by 50 percent by 2025 and purchased goods emissions by a further 40 percent.

“Kering’s ambitious but achievable targets will slash emissions across their value chain, and demonstrates the company’s commitment to a low-carbon future that other businesses must urgently adopt if they are to protect themselves and their customers from the threats of a warming planet,” said Alberto Carrillo Science Based Target initiative leader.

 


Recent News

Report: Forget the Supply Chain of the Future if the Tools are from the Stone Age

Sometimes it feels like speed is all anyone’s talking about these days, as retailers and brands look for ways to increase the efficiency of their supply chains. Unfortunately, most companies are only able to pay lip service to reducing time to market.

This content is for Annual, Monthly and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or register.
Log In Register
Read more

Report: Footwear Sourcing is in a State Not Seen in Years

It hasn’t been smooth sailing for footwear sourcing in this shifting retail landscape, and with imports faltering and duties per pair rising to new highs, brands are looking to reorient themselves in new ways and spaces.

This content is for Annual, Monthly and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or register.
Log In Register
Read more