Kering
Kering, a global leader in luxury goods, is headquartered in Paris, France. Founded in 1963, the company has evolved into a powerhouse in the fashion and accessories industry, with a diverse portfolio that includes renowned brands such as Gucci, Saint Laurent, and Bottega Veneta. Kering operates across major regions, including Europe, North America, and Asia, solidifying its presence in the luxury market. The company is distinguished by its commitment to sustainability and innovation, offering high-quality products that blend craftsmanship with contemporary design. Kering's strategic focus on brand development and market expansion has positioned it as a formidable player in the luxury sector, achieving notable milestones such as its inclusion in the Fortune Global 500. With a strong emphasis on ethical practices, Kering continues to set benchmarks in the industry, making it a unique and influential entity in the world of luxury fashion.
DitchCarbon Score
How does Kering's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Kering's score of 100 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Kering's reported carbon emissions
In 2024, Kering reported total carbon emissions of approximately 2,159,908,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions were about 31,052,000 kg CO2e, while Scope 2 emissions totalled approximately 12,428,000 kg CO2e (market-based) and 131,097,000 kg CO2e (location-based). The majority of emissions stemmed from Scope 3, amounting to around 2,116,428,000 kg CO2e, which includes emissions from purchased goods and services (approximately 1,500,905,000 kg CO2e) and upstream transportation and distribution (about 144,915,000 kg CO2e). Kering has set ambitious climate commitments, aiming for net-zero carbon emissions across its entire value chain by 2050. Near-term targets include a 54.6% reduction in absolute Scope 1 and 2 emissions by 2033 from a 2022 baseline, and a 39.4% reduction in Scope 3 emissions within the same timeframe. Additionally, Kering aims to reduce Scope 1 emissions to near zero by 2025 and Scope 2 emissions to near zero by the same year. Overall, Kering's long-term strategy includes a 90% reduction in Scope 1, 2, and 3 emissions by 2050 compared to 2022 levels, demonstrating a strong commitment to sustainability and climate action within the luxury goods sector.
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| 2015 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 12,711,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 87,923,150 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,407,465,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Kering is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
