Tag: Kering

Kering And L’Occitane Group Join Forces To Finance Nature Protection At Scale With The Climate Fund For Nature

Stuart Mitchell

At the 15th Conference of Parties (COP) of the Convention on Biological Diversity, taking place in Montréal, global luxury group KERING and premium and sustainable cosmetics company L’OCCITANE Group have announced their teaming up to create the Climate Fund for Nature. The ambitious Climate Fund for Nature will mobilize resources from the Luxury Fashion and Beauty sectors to protect and restore nature, with a particular focus on women empowerment. EUR 140m are already committed out of a EUR 300m target size and the fund will be open to new partner…

Read More

Global brands drive momentum on transition to forest-friendly supply chains

Stuart Mitchell

During last month’s COP27, leading companies including, H&M, Inditex, Stella McCartney, Ben & Jerry’s, HH Global, and Kering announced a collective commitment to purchase over half a million tonnes of low-carbon, low-footprint alternative fibers for fashion textiles and paper packaging. It is a move that will support the protection of the world’s vital forests and ecosystems and lower forest degradation pressures from the fashion and packaging supply chains. Spearheaded by environmental nonprofit Canopy, this commitment towards more sustainable, lower-carbon alternatives — known as Next Generation Solutions — reflects a building…

Read More

Kering Commits To Full Carbon Neutrality Across The Group

Stuart Mitchell

Kering has announced that the entire Group will become carbon neutral within its own operations and across the entire supply chain. As a next step in its long-term commitment to sustainability, Kering will offset the Group’s annual Greenhouse Gas (GHG) emissions from 2018 on top of all efforts to first avoid and then reduce them. Kering’s commitment is an extension of its annual offsetting approach that has been established since 2011 and initially incorporated Scopes 1 and 2 of the Greenhouse Gas Protocol. Since then, Kering has been leveraging its…

Read More