KERING'S GREEN HEART
CRAFTING TOMORROW'S LUXURY
Kering’s commitment and focus to help make the planet a better place is paying back. The luxurygoods group, in fact, has been named the top sustainable textile, apparel and luxury goods corporation by the Corporate Knights Global 100 index, which was published at the World Economic Forum in Davos earlier this month.
The company, whose brands include Gucci, Saint Laurent, Balenciaga, Stella McCartney, Alexander McQueen, Bottega Veneta and Pomellato, scored first place in its category and was ranked 47th in an overall listing of companies. It is the third time the company has made this list.
Kering, which started its eco-friendly mission a decade ago, believes in pushing itself beyond its limits and driving its brands towards higher levels of economic, environmental and social performance. Sustainability is viewed as a necessity that goes hand in hand with luxury and lies at the core of the group’s business strategy through 2025. Its three pillars are care, which pertains to the environment; collaborate, in regard to social aspects of sustainability and employee, supplier and community wellbeing and equality; create, aimed at new business opportunities.
“More than ever I am convinced that sustainability can redefine business value and drive future growth. As business leaders we all have a crucial role to play and I worked with the CEOs of our luxury Maisons to embed sustainability across our activities while developing this next important phase of our sustainability strategy,” said François-Henri Pinault, Chairman and CEO of Kering.