Sustainability progress report 2017 - 2020

Collaborating And Raising Awareness For Critical Mass Adoption

Our industry has a deep impact on climate change and biodiversity degradation. We recognize not just our responsibility here, but also our instrumental role in driving climate solutions forward, leading the way for other sectors too. We seek true transformative change, not just small steps and adjustments. This can only happen by raising awareness for sustainability across the global stage, accelerating efforts to achieve critical mass adoption.

We are proud to be a Strategic Partner with the Global fashion Agenda (GFA), and we actively participate in the Copenhagen fashion Summit on sustainable fashion. Also, we partner with changeNOW, the largest positive impact gathering in the world and the ecological festival We Love Green. Our patronage of the Illuminated Ocean exhibition at the Muséum National d’Histoire Naturelle in Paris stands at the juncture between our artistic patronage and our commitment to sustainability.

We believe sustainability requires collaboration between the wider public, other sectors and our industry. By supporting and leading different alliances and coalitions, we bring together all our industry peers in order to address the many challenges of Luxury, fashion and the world.

Influencing Change Through The Fashion Pact

In 2019, our long-standing commitment to sustainable Luxury and fashion was recognized by a mission given to François-Henri Pinault, Kering’s Chairman and CEO, by French President Emmanuel Macron. Ahead of the Biarritz G7 meeting, Mr. Pinault was asked to bring together the players of the fashion and textile industry with the aim of setting and achieving practical objectives for reducing the environmental impact of their industry on climate change, biodiversity and oceans. Successfully achieving his mandate, Mr. Pinault presented the “Fashion Pact” at the G7 meeting in Biarritz in August 2019, an unprecedented coalition in fashion. The Fashion Pact’s objectives draw on the Science-Based Targets Initiative (SBTi), which focuses on action in three essential areas for safeguarding the planet:

Stop global warming: by creating and deploying an action plan for achieving the objective of zero greenhouse gas emissions by 2050, in order to keep global warming below a 1.5°C pathway between now and 2100.

Restore biodiversity: by achieving objectives that use Science-Based Targets to restore natural ecosystems and protect species.

Protect the oceans: by reducing the fashion industry’s negative impact on the world’s oceans through practical initiatives, such as gradually removing the usage of single-use plastics.

Signatories
63

Brands
250

Of the industry
30%

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