Sustainability progress report 2017 - 2020

Climate Changes

We’re The 1st Luxury Group With Certified Science-Based Targets

We’re proud to say that since 2016, we have been verified and approved by the Science Based Target Initiative (SBTi). We were the first Luxury and first French company to create science-based goals around reducing our carbon footprint. Formed by the Carbon Disclosure Project, the UN Global Compact, the World Resources Institute and the WWF, the SBTi supports companies in establishing science-based GHG emissions reduction targets so that business is part of the movement to ensure global warming does not exceed 2°C by 2050.

In line with SBTi’s criteria, we have committed to reducing our emissions by 50% in Scope 1, Scope 2 and part of Scope 3 (transportation and distribution, business flights, and associated fuel and energy emissions) of the GHG protocol by 2025, and to reducing an additional 40% of our entire upstream Scope 3 emissions from purchased goods and services. We have made significant progress towards our Science-Based Target and some highlights include:

Becoming More Energy Efficient In Our Group’s Operations
-30%

carbon intensity in the Group’s stores

since 2015
Renewable Energy
67%

covered overall for the Group

77%

in europe

100%

in over seven countries

Adopting key manufacturing efficiencies and innovative programs
19%

Clean by Design program for textile mills

CO2 savings per year
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