"The company Kering has committed to achieving net zero CO2 emissions by 2050. Net Zero Tracker This target is included in a corporate policy or planning document and covers scope 1, 2, and 3 emissions. Net Zero Tracker Kering also has an interim target to reduce scope 1 and 2 greenhouse gas emissions by 90% by 2030. Net Zero Tracker An interesting fact about Kering's environmental policy is that it uses nature-based carbon removal methods, mainly REDD+, focusing on protection, restoration, and regeneration, guided by the Nature Climate Solutions Alliance. Net Zero Tracker In addition, you can check out the …"
Carbon emissions are estimated according to comparable years, intensity and sector
Performance vs. Target
Note: Targets without baseline are ignored. In case several targets
exist, only the shorter-term target is
Value Chain (scope 3) Emissions by Category
Emissions Trajectory (Full Scopes)
Please refer to the library for viewing the supporting documentation
Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG
emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1
million USD revenue).
Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary
business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer
Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and
Kering belongs to the sector Consumer Discretionary.
Kering is a member of the Business Ambition for 1.5 campaign (link here )
Kering commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2030 from a 2015 base year. Kering commits to increase annual sourcing of renewable electricity from 25% in 2015 to 100% by 2022. Kering commits to reduce scope 3 GHG emissions 70% per unit of value added by 2030 from a 2015 base year.
Separate targets for emission reductions and removals
Conditions on use of offset credits
No conditions specified
Plans for carbon dioxide removal (CDR)
Yes (nature-based removals e.g. Forestation, soil carbon enhancement)
Additional notes: Our strategy is to increasingly promote the protection and scaling of NCS through the way our agricultural and tree-based raw materials are produced. This is based on our commitment to not only reduce emissions, but also to remove carbon by restoring and protecting carbon sinks, while at the same time enhancing biodiversity and the resilience of people’s livelihoods.
Offsetting is done through nature-based removals. Mainly REDD+, with stated focus on protection, restoration, and regeneration. Guided by Nature Climate Solutions Alliance (NCS)
At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified
Scope 3 emissions are fully reported and externally-verified
CDP score demonstrates the level of transparent disclosures
Net Zero Commitments by 2050 include an intermediate target and cover all the emissions
Net Zero targets demonstrate a high-level of emergency
Emission reduction targets on a forward-looking basis are ambitious