Sustainability

Environmental Profit & Loss

Kering has developed an innovative tool for measuring and quantifying the environmental impact of its activities. The Environmental Profit & Loss (EP&L) account is a key enabler of a sustainable business model, and one that Kering wishes to share with other companies in the Luxury industry and other sectors.

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A decision-support tool

 

The EP&L measures carbon dioxide emissions, water consumption, air and water pollution, land use, and waste production along the entire supply chain, thereby making the various environmental impacts of the Group’s activities visible, quantifiable, and comparable. These impacts are then converted into monetary values to obtain an overview of our business costs. Kering can thus use the EP&L to guide its sustainability strategy, improve its processes and supply sources, and choose the best-adapted technologies.

 

 

Transparency, sharing, and continuous improvement

 

Because the EP&L is a tool for the common good, Kering is sharing its methodology with other companies, in its own industry and others, to encourage a general movement toward greater sustainability. The methodology is continually evolving to take into account the lessons of previous years. The EP&L features a “scenario” modeling tool with dynamic visualization of results so that the impact of a potential decision or future project on the EP&L footprint is immediately known, in real-time. Adding to the efficiency of the EP&L methodology are lifecycle inventories and the inclusion of the Kering Standards, which were first published in 2018.

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What is an EP&L?

An infographic showing how an EP&L drives change.

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Why develop an EP&L?

Five (very good) reasons to develop an EP&L.

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Methodology

Seven steps to implement your own EP&L

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Results

Discover the EP&L scope and download our 2017 EP&L Report.

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App My EP&L

With the My EP&L app, the EP&L will always be at your fingertips.

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