Kering to Offset All Carbon Emissions
September 24 2019 - 6:03AM
Dow Jones News
By Cristina Roca
Kering (KER.FR) said Tuesday that it will make its operations
and its supply chain carbon neutral.
The luxury-goods conglomerate will offset all annual greenhouse
gas emissions from 2018 onward, it said.
For 2018, the owner of Gucci will offset the remaining 2.4
million tons of CO2 equivalent that it hadn't already offset.
"Offsetting will continue to be accomplished through verified
best-in-class REDD+ projects that conserve critical forests and
biodiversity, and support the livelihoods of local communities,"
Kering said.
Kering has already been offsetting part of its carbon emissions
and is working toward cutting its greenhouse gas emissions by half
by 2025, it said. Its Gucci fashion brand became entirely
carbon-neutral on Sept. 12 this year.
Write to Cristina Roca at cristina.roca@dowjones.com;
@_cristinaroca
(END) Dow Jones Newswires
September 24, 2019 05:48 ET (09:48 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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