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 94 is higher than 97% 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 Scope 1 emissions at about 31,052,000 kg CO2e, Scope 2 emissions (market-based) at approximately 12,428,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 2,116,428,000 kg CO2e. This represents a decrease from 2023, where total emissions were about 2,552,669,000 kg CO2e, indicating a commitment to reducing their carbon footprint. Kering has set ambitious targets under the Science Based Targets Initiative (SBTi), aiming for a 50% reduction in greenhouse gas emissions from its operations (Scopes 1 and 2) by 2025, and a 90% reduction in all scopes by 2050. Specifically, they aim to reduce Scope 1 and 2 emissions by 54.6% by 2033 from a 2022 baseline. Additionally, Kering is committed to achieving net-zero emissions across its value chain by 2050, with interim targets including a 70% reduction in Scope 3 emissions per unit of value added by 2030. Kering's climate strategy also includes a commitment to increase the sourcing of renewable electricity to 100% by 2022, reflecting their proactive approach to sustainability in the luxury goods sector. The company is on track to meet its near-term targets, demonstrating a strong commitment to environmental responsibility.
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| 2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 292,600 | 0,000,000 | 0,000,000 | 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.
