Each year, the Global Leadership Award in Sustainable Apparel (GLASA) is awarded for bold leadership and promising ideas that have the potential to significantly increase progress in sustainability efforts across the entire industry.

This year's award focused on natural capital accounting and the winner of the award was Kering for their work on Environmental Profit and Loss (EP&L) accounting across all of their brands.In this interview from the GLASA awards, Michael Beutler, Kering's Sustainability Operations Director talks about Kering's experience in implementing an EP&L scheme and the value and potential it has for all companies.