Fashion

Kering registers 36% decrease in its CO2 emissions over 3 years

The owner of Gucci, Saint Laurent and Balenciaga initially launched its plan of action for 2012-2016, based on the results from EP&L (Environmental Profit and Loss). Since then, Kering has decided to widen the scope of its environmental impact. In January of 2017, the company published a new strategy that now includes an additional social dimension.The following objectives were set for 2025: to reduce its environmental impact by 40% and cut its CO2 emissions in half, compared to results from 2015. All of this is to be achieved with entirely traceable raw materials and on the same timetable.คำพูดจาก สล็อตเว็บตรง

Three years later, how is it doing? In the progress report released this Thursday, the company led by François-Henri Pinault announced “significant and encouraging progress.” From 2015 to 2018, it reduced its “environmental global impact” by 14% and its greenhouse gas emissions by 36%. Across the same period, the greenhouse gas emissions related to its stores and other worldwide placements were reduced by 77%.The group has announced it will use renewable energy sources for 67% of its operations. A rate that has reached 100% in seven countries and is at 78% in Europe. In 2018, the company became carbon neutral across its entire business and supply chain, including through forest protection programs.Moreover, Kering has put in place new standards for raw materials and manufacturing processes. This has formalized the best procedures in terms of environmental protection, social compliance, traceability, the use of chemicals and the wellbeing of animals. These measures have already been implemented across 68% of the group’s suppliers.

Less than a third of the cotton is organicคำพูดจาก สล็อตเว็บตรง

Kering has announced a 100% “responsible” supply of gold for its watches and jewelry. Yet this number drops to 30% for organic cotton.The French luxury giant counts more than 35,000 employees worldwide and earned 13.7 billion euros in revenue for 2018. It also happens to be one of the most women-friendly companies, according to the CAC 40. Women represent 55% of the managers in 2019, 63% of the total workforce, 33% of the members of the executive committee and 60% of the board of directors.“The progress report on sustainable development that we share today reflects very encouraging achievements in line with the Kering roadmap to 2025. Even if we know that there is still a long way to go,” commented Marie-Claire Daveu, the director of sustainable development and international corporate affairs.In the latest “2020 Predictions Report: decoding the next decade of change,” there is an emphasis on the growing awareness of the climate emergency and the progress made so far, Positive Luxury found. The latter promotes ethical and sustainable practices across businesses that offer consumer goods.According to the report, environmental concerns effectively define the fashion agenda. Across different cities, fashion weeks and designers have made efforts to reduce their carbon footprint. The initiatives by Kering and LVMH, the two fashion industry giants, are heading in the same direction. 

Related Posts

Bold oversized coats and cowboy boots to take over this fall

 Having analysed the purchasing behavior of the platform’s 12 million global users over the course of three months, Stylight’s A/W 2019 outerwear trends forecast identified a 400% increase…

Click & collect encourages higher spending – report

It’s long been accepted that click & collect has a positive impact on overall sales, particularly as it encourages shoppers to go into physical stores to pick up…

Brooks Brothers countersues in Brooks Sports trademark dispute

 Filed in federal court, Brooks Brothers’ lawsuit accuses Brooks Sports of breach of contract, trademark infringement, dilution and unfair competitionคำพูดจาก สล็อตเว็บตรง. According to the fashion brand, it is…

Fast Retailing turns back on single use plastic with new sustainable strategy

The plan will affect both shopping bags and product packaging and will see the company cutting unnecessary plastic by 85%, or around 7,800 tons annually.“Respect the Environment is…

Global apparel brands pledge to improve conditions for Bengaluru workers

The conditions of garment workers in South Asia have come under sharp scrutiny following the 2013 Rana Plaza disaster in Bangladesh, in which 1,135 workers were killed, many…

Google faces antitrust case in India over payments app

The complaint was filed in February and the Competition Commission of India (CCI) has kept the identity of the complainant confidential, the first source with direct knowledge of…