Global luxury powerhouse Kering has become the first company worldwide to adopt science-based targets for land and freshwater, a major milestone in its commitment to sustainability. The announcement, made during the COP16 summit, follows Kering’s participation in a year-long pilot initiative with the Science Based Targets Network (SBTN).
Kering’s targets address both land and freshwater usage across its operations and supply chain. This includes its directly owned tanneries, factories, and upstream suppliers.
One critical area of focus is the Arno River basin in Tuscany, Italy. The basin accounts for a significant portion of the Group’s water usage, as many of its tanneries and supplier facilities operate in this region.
The company’s new freshwater quantity target emphasizes maintaining sustainable water levels in the Arno basin, ensuring responsible resource management in this vital area.
On land use, Kering’s science-based targets include:
- Preventing conversion of natural ecosystems within its supply chain.
- Reducing its overall land footprint through strategic interventions.
- Actively engaging in landscape restoration initiatives that align with its biodiversity goals.
The company has long been recognized for its initiatives to reduce its environmental footprint. From sustainable leather production to investments in biodiversity projects, Kering continues to position itself as a leader in responsible luxury.
With over 49,000 employees and renowned brands like Gucci, Saint Laurent, and Balenciaga under its umbrella, Kering’s innovative efforts demonstrate how global corporations can balance creativity with sustainability.
Kering is a global luxury group managing some of the world’s most iconic brands in fashion, leather goods, and jewelry. In 2023, Kering reported €19.6 billion in revenue, cementing its status as a leading force in the luxury sector.
