Sustainability progress report 2017 - 2020

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: