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 emissions distributed across various scopes: 31,052,000 kg CO2e (Scope 1), 12,428,000 kg CO2e (Scope 2, market-based), and a significant 2,116,428,000 kg CO2e (Scope 3). This represents a decrease from 2023, where total emissions were about 2,552,669,000 kg CO2e, with similar scope distributions. Kering has set ambitious climate commitments, aiming for a 50% reduction in greenhouse gas emissions from its operations (covering Scopes 1 and 2) by 2025, as part of the Science Based Targets Initiative (SBTi). Additionally, they are targeting a 90% reduction in Scope 1 and 2 emissions by 2030 from a 2015 baseline. For Scope 3 emissions, Kering aims for a 54.6% reduction by 2033, with a long-term goal of achieving net-zero emissions across all scopes by 2050. The company has also committed to increasing its sourcing of renewable electricity to 100% by 2022 and maintaining no deforestation across its primary commodities. Kering's initiatives reflect a strong commitment to sustainability within the textiles and luxury goods sector, aligning with global efforts to mitigate climate change.
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| 2015 | 2019 | 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 | 00,000,000 |
| Scope 2 | 87,923,150 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,407,465,000 | 000,000,000 | 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.
