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PPR's 5-year sustainability plan across luxury brands

28 Apr '12
6 min read

• All our collections will be PVC-free latest by 2016.
• Ensuring all hazardous chemicals have been phased out and eliminated from our production by 2020.
• 100% of gold and diamonds in PPR's products will be sourced from verified operations that do not have a harmful impact on local communities, wildlife or the ecosystems which support them.
• 100% of leather from domestic livestock within PPR's products will be from responsible and verified sources that do not result in converting sensitive ecosystems into grazing lands or agricultural lands for food production for livestock.
• 100% of precious skins and furs in PPR's products will come from verified captive breeding operations or from wild, sustainably managed populations. Additionally suppliers will employ accepted animal welfare practices and humane treatment in sourcing.

To achieve these targets, PPR HOME is implementing detailed policy and guidelines and will be monitoring performance, with a priority focus on the sourcing and suppliers of raw materials, and subsequent compliance. Additionally, PPR HOME will support the brands to customize action plans and to identify priority issues in order to achieve the overall 2016 Group targets.

As part of PPR's overarching sustainability strategy and alongside measuring, reducing and mitigating the Group's environmental and social footprint, remaining greenhouse gas emissions are being offset. As such, PPR has offset the 2011 global emissions from the Luxury division, Sport & Lifestyle division, and PPR's headquarters totalling 95,100 tons to become carbon neutral in Scopes 1 & 2 of the Greenhouse Gas Protocol.

Carbon credits were purchased from Wildlife Works' leading REDD (Reduced Emissions from Deforestation and Degradation) offsetting project in Kenya which is the world's first Voluntary Carbon Standard (VCS) validated and verified REDD program.

Wildlife Works' project directly: reduces greenhouse gas emissions by protecting threatened forests that are essential in mitigating climate change; improves the quality of life for local communities; and conserves endangered wildlife.

Furthermore, PPR has acquired a 5% stake in Wildlife Works Carbon, LLC. Aside from already having 500,000 hectares under protection, Wildlife Works Carbon, LLC has a prospective project pipeline of several million hectares of natural forests around the world.

The voluntary carbon market is placed for growth and potential for return could exceed the original investment by multiple times. Additionally, the investment fulfills one of PPR HOME's primary goals, to invest in for-profit businesses that incorporate biodiversity conservation and social concerns into their business model, resulting in net-positive social and environmental impacts.

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