France’s Kering pledges to slash absolute emissions up to 40% by 2035

    Date:

    French luxury brand Kering has announced a commitment to reduce its absolute greenhouse gas emissions by 40 per cent by 2035, on a 2021 baseline. The company’s new target covering scopes 1, 2, and 3 of the greenhouse gas protocol was revealed ahead of the publication of Kering’s 2020-2023 Sustainability Progress Report, six years into the group’s ‘Crafting Tomorrow’s Luxury’ strategy.

    Kering’s new reduction target in absolute terms represents the next necessary step to accelerate the implementation of the group’s vision of modern and responsible luxury, complementing the evolution of its sustainability strategy, the brand said in a press release.

    Kering has committed to reducing its absolute greenhouse gas emissions by 40 per cent by 2035, based on a 2021 baseline. The company’s new target covers scopes 1, 2, and 3 of the greenhouse gas protocol. Kering has augmented its original social and environmental targets with dedicated strategies for climate, biodiversity, and circularity.

    Over the last three years, Kering not only continued to make significant strides towards attaining its original social and environmental 2025 targets, but also augmented them through a series of ambitious new targets. Under dedicated strategies for climate, biodiversity, and circularity, these additional goals, combined with Kering’s new absolute target and its historical objectives, will continue to drive the transformation of the group’s business model.

    “Kering and our houses have made significant strides to reach our sustainability targets over the last years, and, in parallel, we have augmented our ambitions,” said Francois-Henri Pinault, chairman and chief executive officer at Kering. “Now we are setting this new absolute target, spanning scopes 1, 2, and 3 of the greenhouse gas protocol, because, if we want to truly decarbonise our global businesses, we need to move from carbon intensity reductions to absolute reductions. I am convinced that impact reduction in absolute terms combined with value creation must be the next horizon for truly sustainable companies.”

    “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 decarbonisation 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,” said Marie-Claire Daveu, chief sustainability and institutional affairs officer at Kering.

    Fibre2Fashion News Desk (NB)


    Originally Posted Here

    Popular Posts

    More like this
    Related

    Original Staind Drummer Jon Wysocki Dead at 53

    Jon Wysocki, original drummer of Staind, has died...

    Official Trailer for ‘Hayao Miyazaki and the Heron’ Making Of Doc Film

    Official Trailer for 'Hayao Miyazaki and the Heron'...

    August Visitor New Movie Release (New Movie) Uju Okoli 2022 nigerian latest movie

    nigerianmovies #august2022 OSSYKINGTV is a trending Nigerian Nollywood movie...

    Chat (and Unpack) May's Biggest Fashion Stories in With Our Editors

    There's a lot to keep track of in...
    Chris Pratt Wants Katherine Schwarzenegger to Star in a Movie With Him
    OMAGE California Artisanal Brandy Steals the Spotlight – Hollywood Life
    CNN Commentator Alice Stewart Dead at 58
    Tides of War — Cheat Sheet and Tips – Hollywood Life
    In a Violent Nature Movie Review
    Thelma Movie Review
    Kingdom of the Planet of the Apes Movie Review
    Challengers Movie Review
    Nathan Smothers Hints To Taylor BeDell Marriage & Kids In Post
    Days of Our Lives Spoilers for the Week of 5-20-24: The Baby Secret Starts to Come Out, But There’s a Long Way to Go
    ‘Guiding Light’ Star Kim Zimmer Reveals Cancer Diagnosis
    Chicago Fire Spoilers: Can the Season Finale Save a Slow Season?
    Original Staind Drummer Jon Wysocki Dead at 53
    Surveillance Footage Shows Diddy Attacking Cassie in 2016
    Emma Stone and Jesse Plemons to Star in Yorgos Lanthimos’ Bugonia
    Lana Del Rey and Jelly Roll “Sweet Home Alabama”: Watch
    Chat (and Unpack) May's Biggest Fashion Stories in With Our Editors
    Esprit Europe, German offshoots of Esprit Holdings file for bankruptcy
    Must Read: Fendi Cancels June Couture Show, Chopova Lowena wins 2024 BFC/'Vogue' Designer Fashion Fund
    Revenue of British fashion house Burberry at $3.73 bn in FY24
    “Killer Body Count” (2024) Tubi Review
    5 Horror Movies that need a Prequel
    Twisted Terrors in Neverland: A First Look at Peter Pan’s Neverland Nightmare
    Strange Things’ Joe Davison shares a glimpse of his upcoming movie, DEMON QUEEN PINBALL MACHINE with Mike Ferguson
    Official Trailer for ‘Hayao Miyazaki and the Heron’ Making Of Doc Film
    August Visitor New Movie Release (New Movie) Uju Okoli 2022 nigerian latest movie
    'Bad Boys: Ride or Die' Final Trailer
    The Best Upcoming Movies 2023 (New Trailers)
    BLACKPINK – ‘Lovesick Girls’ M/V
    Summer Walker – Deep (Audio)
    Justin Timberlake – Say Something (Official Video) ft. Chris Stapleton
    Rihanna – What Now (Official)