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Kering's tool for addressing climate change impact
23 Nov '15
4 min read
The 2014 figures provide a more in-depth analysis of the key drivers behind greenhouse gas (GHG) emissions at each stage of the supply chain, highlighting where and how the Group can work to mitigate climate change.
The cost of carbon applied by the E P&L is several times higher than market value, at €62 euro per tonne of CO2 emitted, according to the analysis.
“Our E P&L proves to be a powerful tool. Comparing results year-on-year provides us with critical insights into our business for us to implement innovative solutions to mitigate our environmental impact and address climate change issues, while creating new business opportunities,” said Marie-Claire Daveu, Chief Sustainability Officer and Head of international institutional affairs, Kering, “We are committed to continued transparency and also dedicated to constantly improve the E P&L methodology and make it even more accessible for the business community.” (SH)
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