Kering Sustainability Profile
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 Scope 1 emissions at about 31,052,000 kg CO2e, Scope 2 emissions 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 their operations (covering Scopes 1 and 2) by 2025, and a 90% reduction by 2050 across all scopes. Specifically, they plan to achieve a 54.6% reduction in Scope 1 and 2 emissions by 2033 from a 2022 baseline. For Scope 3 emissions, Kering targets a 90% reduction by 2050, with a near-term goal of a 39.4% reduction in specific categories by 2033. Kering is also committed to achieving net-zero emissions across its value chain by 2050, with interim goals to reduce Scope 1 and 2 emissions to near zero by 2025. The company has pledged to increase its sourcing of renewable electricity to 100% by 2022, reflecting its dedication to sustainable practices. Overall, Kering's climate commitments are robust, aligning with global efforts to mitigate climate change and reduce greenhouse gas emissions significantly.
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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 |
How Carbon Intensive is Kering's Industry?
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Kering's Scope 3 Categories Breakdown
Kering's Scope 3 emissions, which decreased by 16% last year and increased significantly since 2015, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 71% of Scope 3 emissions.
Top Scope 3 Categories
Kering's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Kering has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Kering's sustainability data and climate commitments