On March 17th, Kering, the French luxury goods conglomerate that owns brands such as Gucci and YSL, made a commitment at an event in New York City to reduce its absolute greenhouse gas emissions by 40% by 2035, using 2021 as a baseline. Kering also announced that it would release its 2020-2023 sustainability progress report on March 22nd.
In a statement, Chairman and CEO Francois-Henri Pinault said, “Kering and our houses have made significant strides to reach our sustainability targets over the last years, and, in parallel, we have augmented our ambitions… if we want to …