Kering ups its sustainability targets

Kering ups its sustainability targets

THE WHAT? Kering has announced a commitment to reduce its absolute greenhouse gas emissions by 40 percent by 2035, on a 2021 baseline. The new target covers scopes 1, 2 and 3 of the greenhouse gas protocol and has been unveiled in advance of the publication of the luxury group’s 2022-2023 Sustainability Progress Report.

THE DETAILS Kering’s new absolute target, together with its historical objectives and augmented targets, will continue to drive the transformation of the Group’s business model.

THE WHY? Marie-Claire Daveu, Chief Sustainability and Institutional Affairs Officer at Kering, explains, “To match our long-term vision to help drive luxury and fashion’s sustainability agenda, we have continued to evolve our sustainability strategy. Setting a target to reduce our total absolute emissions will support the decarbonization of our Group, while we continue to align with a 1.5° pathway. It also perfectly encapsulates our spirit; we never stop pushing forward, and when our sustainability targets are in sight, we move the benchmark even further away.”