Last week, the French luxury group set a target to nearly halve its greenhouse gas emissions by 2035, for the first time setting absolute targets that would require it to decouple sales growth from environmental impact. 2022 proved how challenging this may be.
The emissions associated with Kering’s business hit 2.4 million metric tons of carbon dioxide equivalent last year, up 12 percent from 2021 on a comparable basis. The increase reflects…