Kering

Kering, a French luxury goods group, reported total emissions of approximately 1.86 billion kg CO2e in 2025. This includes Scope 1 emissions of about 31.5 million kg CO2e, Scope 2 market-based emissions of approximately 10.3 million kg CO2e, and Scope 3 emissions of around 1.82 billion kg CO2e. The largest contributors to Scope 3 emissions were purchased goods and services (approximately 1.35 billion kg CO2e) and upstream transportation and distribution (approximately 116.9 million kg CO2e).

Looking back, Kering's total emissions in 2024 were about 2.16 billion kg CO2e, with Scope 1 at approximately 31.1 million kg CO2e, Scope 2 market-based at around 12.4 million kg CO2e, and Scope 3 at roughly 2.12 billion kg CO2e. In 2023, total emissions were approximately 2.55 billion kg CO2e, comprising Scope 1 emissions of about 31.6 million kg CO2e, Scope 2 market-based emissions of roughly 12.7 million kg CO2e, and Scope 3 emissions of around 2.51 billion kg CO2e. For 2022, total emissions were around 2.77 billion kg CO2e, with Scope 1 at about 32.2 million kg CO2e, Scope 2 market-based at roughly 11.3 million kg CO2e, and Scope 3 at approximately 2.77 billion kg CO2e.

Kering has set ambitious climate commitments and Science Based Targets initiative (SBTi) validated targets. These include a commitment to reach net-zero greenhouse gas emissions across its value chain by 2050.

For near-term targets, Kering aims to reduce absolute Scope 1 and Scope 2 GHG emissions by 54.6% by 2033, against a 2022 baseline. Additionally, the company is committed to reducing absolute Scope 3 GHG emissions by 54.6% within the same timeframe, covering both Energy & Industry emissions and specific upstream categories. Furthermore, Kering targets a 39.4% absolute reduction in Scope 3 FLAG GHG emissions by 2033 from a 2022 base year.

Long-term targets include a 90% absolute reduction in Scope 1, 2, and 3 GHG emissions by 2050 from a 2022 baseline. Kering also aims for a 72% absolute reduction in Scope 3 FLAG GHG emissions by 2050 from a 2022 base year. Kering is also committed to maintaining no deforestation across its primary deforestation-linked commodities.

Earlier targets, set from a 2015 base year, include reducing absolute Scope 1 and 2 GHG emissions by 90% by 2030, and reducing Scope 3 GHG emissions by 70% per unit of value added by 2030. They also aimed to achieve 100% renewable electricity sourcing by 2022, up from 25% in 2015. Kering had also committed to a 50% reduction in GHG emissions from its operations (Scopes 1 and 2, plus specific Scope 3 categories) by 2025 from a 2015 base year.

All emissions data and reduction targets are directly reported by Kering SA.