Luxury brands Gucci, YSL to halve supply chain CO2 emissions

French luxury goods group Kering – owner of labels such as Gucci, Yves Saint Laurent and Balenciaga – has announced its intention to cut greenhouse gas emissions produced through its supply chain by 50 per cent by 2025.
Kering’s new sustainability strategy targets the entire supply chain, promoting sustainable design and reducing water and air pollution. The company identified three business areas to be targeted in order to halve emissions, fleet and direct emissions, purchased electricity and indirect emissions, including business travel, emissions from purchased goods and services, and logistics.
Suppliers will be required to be 100 per cent compliant with a soon-to-be-developed ‘Supplier Index of Sustainability’ by 2025. The introduction of the index will bolster the company’s efforts in monitoring the origin and composition of its goods.
The group will report every three years on its progress towards achieving its sustainability goals.