The Care pillar: Kering is taking steps to reduce its environmental footprint and preserve the planet and its natural resources by using innovative tools, new practices, and original methodologies and by applying stringent standards.
Kering is developing innovative tools to gain a better understanding of its environmental footprint and to prioritize its choices based on its sustainability strategy. The Group uses raw materials in sustainable ways, preserves biodiversity, and meets the highest standards of health, safety, and animal welfare.
Reducing our environmental footprint
By promoting sustainable design, Kering is reducing the environmental impact of its products, from the sourcing of raw materials to their manufacture, transport, and other activities. The Group has made a commitment to reduce its EP&L (Environmental Profit and Loss account) by 40% between now and 2025. This methodology developed by the Group to measure and assign a monetary value to the environmental footprint of its entire supply chain has received praise and multiple awards.
Kering is also targeting a 50% reduction in its carbon dioxide emissions by 2025 within Scopes 1 to 3 of the Greenhouse Gas Protocol*. Beyond its commitment to reducing emissions across its business, Kering has a pioneering offset program through REDD+ projects that supports the conservation of some of the world’s most bio-diverse forests while contributing to the livelihoods of local communities.
The Group also promotes new sustainable practices related to water consumption, air and water pollution, waste, and land use, such as the Clean by Design program, whose first phase ended in 2017 following audits to improve the energy efficiency and optimize the resource consumption of 24 textile plants that work with the Group. A new phase focused on six plants in China is now underway. Numerous audits have been conducted since early 2017, resulting in an annual reduction of several thousand tons of carbon dioxide emissions.
Choosing responsible and well-managed supply sources
Kering’s aim is for 95% of its supply chain to be transparent and responsible by 2018 and 100% by 2025. Here the objective is to improve traceability and progressively increase the production of materials coming from responsible and well-managed sources.
A further goal is to see that by 2025, 100% of Kering’s suppliers meet the standards set by the Group for traceability, animal welfare, the use of chemical products, and working conditions. In addition to supplier audits, Kering has prepared a Social Handbook, a program of training and sharing of best practices to aid in this effort.
*GHG Protocol establishes comprehensive global standardized frameworks to measure and manage greenhouse gas (GHG) emissions from private and public sector operations, value chains and mitigation actions. It has been developed through collaboration between NGOs governments, industry associations, NGOs, businesses and other organizations and is developing standards, tools and online training that helps countries and cities track progress towards their climate goals.