Posted in: news
22nd January 2015
Kering's Environmental Profit and Loss Account
By 2016, Kering will have rolled out a Group Environmental Profit & Loss (E P&L) account across all of its brands. It’s the first time a worldwide Group undertakes such an initiative.
The E P&L measures the environmental impact across Kering's operations and entire supply chain, from sourcing raw materials to selling our products. Secondly, it provides a monetary valuation of the impacts: essentially the costs (or benefits) to society of a company's environmental impacts. It serves as a tool for deeper understanding and better decision-making. Pioneered by PUMA, the EP&L will lead Kering to new business models and solutions that take nature into account.
To learn more about Kering's EP&L program click here.