Home / Knowledge / News / Textiles / Kering receives Science Based Target certification
Kering receives Science Based Target certification
18
Jan '17
A global luxury group Kering has been verified and approved by Science Based Target (SBT) initiative as the first luxury firm to create science-based goals by reducing carbon footprint. SBT was formed by Carbon Disclosure Project, UN Global Compact, World Resources Institute and WWF to help firms establish greenhouse gas (GHG) emission reduction targets.

SBT initiative helps companies to be a part of the movement that ensures that global warming does not exceed 2°C by 2050. In line with SBT’s criteria, Kering has committed to reduce their GHG emissions by 50 per cent in scope 1, scope 2 and scope 3 (transportation and distribution, business flights, and fuel and energy related emissions) by 2025. Further, it also strives to reduce emissions from purchased goods and services by 40 per cent.

“Contributing to combating climate change and respecting planetary boundaries in the way we do business is a priority for us. The Science Based Target initiative is enabling the business community to set meaningful goals around GHG reduction to ensure that we all align with the 2°C global agenda and we are proud that our own GHG ambitions have been validated by the organisation,” said Kering’s chief sustainability officer Marie-Claire Daveu.

“Going beyond SBT criteria, we will also continue to measure and monetise carbon emissions alongside air and water pollution, water use, waste and land use across the entire supply chain all the way to where we source our raw materials via our Environmental Profit and Loss,” she added. (RR)

Fibre2Fashion News Desk – India


Must ReadView All

Ghana makes tax stamp compulsory on imported textiles

Textiles | On 27th May 2018

Ghana makes tax stamp compulsory on imported textiles

To curb illegal imports, Ghanaian authorities will put a tax stamp on ...

Courtesy: Vishal Mega Mart

Apparel/Garments | On 27th May 2018

Partners Group, Kedaara Capital taking over VMM

Partners Group, a private markets investment manager, and Kedaara...

Courtesy: Deckers

Apparel/Garments | On 27th May 2018

Deckers Brands sales soar 8.4% in Q4FY18

Deckers Brands, a global leader in designing, marketing and...

Interviews View All

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Anisha Chaudhari
Threads & Shirts

Threads &amp; Shirts is a freshly-tailored concept providing men/women a...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments


May 2018

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Advanced Search