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Gucci, YSL owner Kering pledges to go green

HealthLifestyleGucci, YSL owner Kering pledges to go green
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The French company has pledged to cut its greenhouse gas emissions by 40% by 2035 from 2021 levels



Amid increased scrutiny of environmental issues among consumers, French company Kering, which owns luxury brands such as Gucci and Yves Saint Laurent, has pledged to cut its greenhouse gas emissions by 40% by 2035 from 2021 levels.

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“I believe that impact reduction combined with value creation should be the next horizon for truly sustainable companies,” Chairman and CEO Francois-Henri Pinault said in a statement.

Also read: At Milan Furniture Fair, luxury gets a green push

Four years ago, Pinault gathered dozens of international labels to sign a fashion pact of commitments including reducing emissions and plastic use.

Earlier this week, sports brand Nike said it would stop using kangaroo skin in its shoes this year. Weeks ago, Puma announced a similar move, according to a Reuters report released earlier this week.

In a statement, Nike said it would launch a new line of Tiempo football boots called the Tiempo Legend Elite, with a proprietary synthetic material replacing the use of kangaroo leather. As Reuters reports, the Tiempo Premier line of football boots, which is set to launch this summer, will also eschew kangaroo skin. Nike said the company would end its partnership with its sole kangaroo leather supplier in 2021.

“The Nike announcement…is a seismic event in wildlife conservation, and the tremors will be felt all over the world, especially in Australia where there is large-scale commercial slaughter of kangaroos,” Wayne Pacelle, president of the Center for a Humane Economy he said.

Kering SA, Italy’s Prada and luxury parka maker Canada Goose Holdings Inc. have stopped using animal fur in their collections over the years.

Also Read: Is Fur Losing Fashion’s Love?

Late last year, animal welfare organization Four Paws found that the value of imports of fur clothing, accessories and other goods into the EU had fallen by more than 60% over the past decade.



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