Home / Knowledge / News / Sustainability / Kering aims for positive impact on biodiversity by 2025

Kering aims for positive impact on biodiversity by 2025

07
Jul '20
Pic: Kering
Pic: Kering
Kering has come out with a biodiversity strategy, setting new targets to achieve a “net positive” impact on biodiversity by 2025. The strategy includes launching of the Kering for Nature Fund to support the fashion industry’s transition to regenerative agriculture. Kering and the Global Fashion Agenda will also co-host a digital Masterclass on biodiversity.

The digital Masterclass will lay emphasis on the importance of integrating biodiversity into the core of business operations, with additional expertise from Conservation International.

Aligned with its long-term commitment to sustainability, Kering’s biodiversity strategy outlines steps to not only minimise biodiversity loss across the group’s global supply chains, but also support nature and create net positive conservation. The strategy encourages prevention of biodiversity degradation, promotion of sustainable and regenerative farming practices favouring soil health, and protection of global ecosystems and forests that are vital for carbon sequestration.

Alongside its previous environmental commitments, Kering has set up new biodiversity targets, including commitment to have a net positive impact on biodiversity by 2025, by regenerating and protecting an area around six times the total land footprint of Kering’s entire supply chain, all the way back to raw material production, within this timeframe.

It has also committed to convert 1 million hectares of farms and rangelands in its supply chain landscapes into regenerative agriculture by 2025, and protect an additional 1 million hectares of critical, ‘irreplaceable’ habitat outside of its supply chain by 2025, through programmes that support biodiversity protection, carbon sequestration and livelihood improvements.

In addition to these commitments, Kering’s biodiversity strategy includes a number of new, specific targets around sourcing and operations that work together to protect biodiversity in the group’s supply chain.

“Thriving biodiversity is intrinsically linked to the long-term viability of our industry, and society more broadly. Integrating a dedicated biodiversity strategy – which is now part of our wider sustainability strategy – into Kering’s day-to-day operations is pivotal for our contribution to bending the curve on biodiversity loss over the next years,” said Marie-Claire Daveu, chief sustainability officer and head of international institutional affairs, Kering. “Business has a serious role to play in shifting towards a ‘nature-positive’ economy and ahead of the establishment of the Global Goals for biodiversity in 2021, it is important that Kering’s strategy aligns with the scientific community so that we are already on the right path and taking the actions that are urgently needed.”

To support the implementation of its biodiversity strategy, Kering has also launched the “Kering for Nature Fund: 1 Million Hectares for the Planet”, in partnership with Conservation International. The Fund will assist promising regenerative agriculture projects around the world, with the aim of bringing one million hectares of land under regenerative practices. The Fund will focus on raw materials with the highest environmental impacts such as leather, cotton, cashmere and wool, as indicated by Kering’s Environmental Profit and Loss analysis.

The ultimate goal of the Fund is to help transform raw material production in the fashion industry, and drive a shift towards farming practices that operate in harmony with natural ecosystems.

Fibre2Fashion News Desk (SV)


Must ReadView All

Pic: Shutterstock

E-commerce | On 3rd Mar 2021

Digital e-com rules may negatively affect developing

Many digital rules being framed by a group of 86 countries under the...

Pic: Shutterstock

E-commerce | On 3rd Mar 2021

Jordan govt urged to impose tax on online purchases from

Asad Qawasmi, who represents the garment and jewellery sector at the...

Pic: Huntsman Textile Effects

Textiles | On 3rd Mar 2021

Huntsman, Sciessent partner for microbe & odour resistant

Huntsman Textile Effects, a Singapore-based provider of high-quality...

Interviews View All

Nuno Venda, ROQ

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Textile Industry, Head honchos

Textile Industry
Head honchos

One thing is certain, online sales will go up

Manfred Mentges, Sedo Treepoint GmbH

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

C Dhandayuthapani,

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

P V Kadole,

P V Kadole

Nine co-operative organisations from Ichalkaranji came together to form an ...

Alphonse Reddy,

Alphonse Reddy

Bangalore-based Sunday designs and makes mattresses and accessories that...

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Mohammad Hassan, Biax Fiberfilm

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Sachin Pendharkar, Dieffenbacher India Pvt Ltd

Sachin Pendharkar
Dieffenbacher India Pvt Ltd

Germany-based Dieffenbacher Group is a producer of high-quality composites ...

Sonam & Paras Modi, SVA

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Mike Hoffman, Gildan Activewear SRL

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sweta Tantia, Tahweave & Garo

Sweta Tantia
Tahweave & Garo

Designer Sweta Tantia owns Garo, a couture indutva or ethnicwear brand,...

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


February 2021

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


Advanced Search