Sustainability progress report 2017 - 2020

Climate Changes

“The luxury industry has the power to play a pivotal role in leading the shift towards a sustainable future. Kering is proud to collaborate with IPBES and the work they have already accomplished. We need to act now by finding ways to give back to nature what it is offering us on a daily basis.” Marie-Claire Daveu, Kering’s Chief Sustainability Officer

We’re Disrupting Luxury

For the future growth of the Luxury Industry, it’s no longer business as usual.

Instead it will be based on how we grapple with 3 broad trends that are changing global business and have specific consequences for luxury:

  • Climate change and biodiversity loss
  • New technologies and automation
  • Rising economic inequality

This was highlighted in a key report we published with BSR alongside other Luxury players in 2018 under BSR’s Responsible Luxury Initiative (ReLI) and to develop a sustainable pathway for the future of lLuxury.

It complimented Kering and BSR’s first co-published report focused on analyzing climate change and its consequences for the Luxury sector entitled “Climate change: implications and strategies for the Luxury Fashion sector.”