Kering
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 significant contributions from Scope 3 emissions, which accounted for about 2,116,428,000 kg CO2e. Scope 1 emissions were approximately 31,052,000 kg CO2e, while Scope 2 emissions totalled around 12,428,000 kg CO2e (market-based). Kering has set ambitious climate commitments, aiming for a 50% reduction in greenhouse gas emissions from its operations (covering Scopes 1 and 2) by 2025, as part of the Science Based Targets Initiative. Additionally, the company has pledged to achieve net-zero emissions across its entire value chain by 2050. This includes a long-term target of reducing Scope 1, 2, and 3 emissions by 90% by 2050, with interim goals of a 54.6% reduction by 2033 from a 2022 baseline. Kering's commitment also includes specific targets for Scope 3 emissions, aiming for a 90% reduction in energy and industry-related emissions by 2050, and a 72% reduction in Scope 3 FLAG emissions by the same year. The company is on track to increase its sourcing of renewable electricity to 100% by 2022, further supporting its sustainability goals.
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| 2015 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 12,711,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 87,923,150 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,407,465,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Kering is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
