One of Kering’s most significant accomplishments is their focus on sustainability. They have developed an ambitious program called “Life Cycle Assessment” that aims to reduce their environmental impact across the entire supply chain. They have also developed a “Material Innovation Lab” that seeks to find sustainable alternatives to traditional materials used in fashion, such as leather and cotton. Kering has also partnered with several organizations to promote sustainable practices in the fashion industry, such as the Ellen MacArthur Foundation and the United Nations’ Fashion Industry Charter for Climate Action.
In addition to their sustainability efforts, Kering has been a pioneer in digital innovation in the luxury goods industry. They have embraced new technologies to enhance the customer experience, such as using augmented reality to allow customers to try on products virtually. They have also invested in e-commerce and omnichannel strategies to reach customers in new ways.
Kering has also been committed to promoting diversity and inclusion in the workplace. They have established several programs to support women in leadership roles, such as a mentorship program and a women’s network. They have also focused on promoting diversity and inclusion in their supply chain, such as by partnering with organizations that promote fair labor practices.
Overall, Kering’s commitment to sustainability, innovation, and diversity has earned them several awards and recognitions, such as being named one of the world’s most sustainable corporations by Corporate Knights. They have set a new standard for luxury goods companies and demonstrated that business can be a force for positive change in the world.