Kering

Kering's reported carbon emissions

In 2024, Kering reported total carbon emissions of approximately 2.16 billion kg CO2e, comprising 31,052,000 kg CO2e from Scope 1, 12,428,000 kg CO2e from Scope 2, and 2.12 billion kg CO2e from Scope 3 emissions. This represents a significant commitment to reducing their carbon footprint, with a target of achieving a 50% reduction in greenhouse gas emissions from their operations (covering Scopes 1 and 2) by 2025, as well as a 54.6% reduction in both Scope 1 and 2 emissions by 2033 from a 2022 baseline. Kering has also pledged to reach net-zero greenhouse gas emissions across its entire value chain by 2050. This includes ambitious targets for Scope 3 emissions, aiming for a 72% reduction in Scope 3 FLAG emissions by 2050, and a 54.6% reduction in overall Scope 3 emissions by 2033 from a 2022 baseline. The company is committed to increasing its sourcing of renewable electricity to 100% by 2022 and has set interim targets to reduce absolute Scope 1 and 2 emissions by 90% by 2030 from a 2015 base year. Kering's climate strategy aligns with the Science Based Targets Initiative (SBTi), ensuring that their targets are consistent with the global goal of limiting warming to 1.5°C. The company is actively working towards these goals, demonstrating leadership in sustainability within the textiles, apparel, footwear, and luxury goods sector.