Kering Selected for new Science-Based Targets for Nature

Filter by
By date
By section

0 results for ""

    • kering
    • news
    • Kering Selected for new Science-Based Targets for Nature
    Friday, May 26, 2023

    Kering Selected for new Science-Based Targets for Nature

    Kering has been selected to be among the first companies to pilot the world’s first Science-Based Targets for Nature (SBTN) developed by the Science Based Targets Network.

    Climate fund for nature.png

    The new global standard for nature will provide science-backed guidance for companies to address the complexities of biodiversity. In turn, it will support companies to assess and prioritize locations and hotpots along the value chain so that measurable actions are taken, which will directly contribute to the preservation and restoration of natural ecosystems.  

    Drawing on the best available science, and building on the success of SBTi for climate, the SBTN’s initial phase will focus on freshwater and land, with target setting for biodiversity and oceans in later stages.

    The SBTN is a natural evolution for Kering, building on the pioneering work the Group has been doing through its Environmental Profit and Loss accounting and the many initiatives under its biodiversity strategy. 

     “Kering is delighted to be piloting the validation process for Science-Based Targets for Nature. As illustrated by our Environmental Profit & Loss Account and Biodiversity Strategy, we are committed to the development and implementation of scientific approaches for companies to measure and manage their impacts and dependencies on nature. We are excited about this next step on our nature-positive journey, and eager to continue learning, improving and sharing insights along the way.” Marie-Claire Daveu, Chief Sustainability and Institutional Affairs Officer, Kering


    About Kering


    A global Luxury group, Kering manages the development of a series of renowned Houses in Fashion, Leather Goods and Jewelry : Gucci, Saint Laurent, Bottega Veneta, Balenciaga, Alexander McQueen, Brioni, Boucheron, Pomellato, DoDo, Qeelin, as well as Kering Eyewear. By placing creativity at the heart of its strategy, Kering enables its Houses to set new limits in terms of their creative expression while crafting tomorrow’s Luxury in a sustainable and responsible way. We capture these beliefs in our signature: “Empowering Imagination”. In 2021, Kering had over 42,000 employees and revenue of €17.6 billion.