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 56 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Kering's reported carbon emissions
In 2023, Kering reported total carbon emissions of approximately 2,596,739,000 kg CO2e, comprising Scope 1 emissions of about 14,918,000 kg CO2e, Scope 2 emissions of approximately 7,923,000 kg CO2e, and Scope 3 emissions reaching around 2,596,739,000 kg CO2e. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. Kering's near-term targets include a significant reduction of 54.6% in absolute Scope 1 and 2 emissions by 2033, using 2022 as the base year. Additionally, the company plans to reduce absolute Scope 3 emissions by the same percentage within the same timeframe. For its FLAG (Forest, Land, Agriculture, and Goods) emissions, Kering targets a 39.4% reduction by 2033. Long-term, Kering aims to achieve a 90% reduction in absolute emissions across all scopes by 2050, again using 2022 as the baseline. These targets include land-related emissions and removals from bioenergy feedstocks, reflecting Kering's commitment to sustainability and responsible sourcing practices.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2015 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 12,711,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 87,923,150 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,407,465,000 | 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 committed to some reduction initiatives 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.
