Tag: CHANEL

Chanel and the University of Cambridge extend sustainability partnership

Stuart Mitchell

Chanel and the University of Cambridge have announced the extension of their partnership for another three years, accelerating decisive action on sustainability transformation. Since the beginning of the collaboration in 2021, Chanel teams have partnered with experts from across the University, including the Institute for Sustainability Leadership (CISL), the Institute for Manufacturing (IfM) and the Cambridge Judge Business School (CJBS), to deliver on three core impact areas: Building sustainability skills and knowledge Through bespoke executive education programmes, nearly 500 leaders and key operational team members across Chanel have been upskilled…

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Chanel and the University of Cambridge announce a new partnership to focus on sustainability solutions and leadership

Stuart Mitchell

Chanel has announced a new three-year partnership with the University of Cambridge Institute for Sustainability Leadership (CISL). This unique multi-faceted partnership will combine tailored sustainability education programmes, innovative operational projects, and scholarships focused on driving greater inclusion. It will draw on expertise from across the University of Cambridge, including the Institute of Manufacturing, the Cambridge Judge Business School and its climate change initiative, Cambridge Zero to advance practical sustainability solutions to specific business and societal challenges including how to reduce and avoid carbon emissions and address biodiversity loss.  The Chanel-CISL partnership will…

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CHANEL pioneers new Sustainability-Linked Bonds supported by BNP Paribas

Stuart Mitchell

BNP Paribas has announced it has supported leading luxury goods company CHANEL to issue its first Sustainability-Linked Bonds. The pioneering €600mn inaugural transaction – a first in the luxury sector linked to the ICMA Sustainability-Linked Bonds Principles – will support CHANEL’s ambitious Mission 1.5° climate strategy by linking the bond terms to carbon reduction targets.  The targets include: Decreasing CHANEL’s own (scope 1 and 2) emissions by 50% by 2030  Decreasing CHANEL’s supply chain (scope 3) absolute greenhouse gas emissions by 10% by 2030  Shifting to 100% renewable electricity in…

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