PARIS – The ‘monetary value’ of luxury brand Kering’s environmental impact in 2018 was €514m according to the company’s latest environmental profit & loss (EP&L) report. This is made up of air emissions (€36m), GHGs (€174m), land use (€162m), waste (€32m), water consumption (€38m) and water pollution (€71m). Among the raw materials Kering uses, leather continues to be the major driver of impacts, followed by animal fibres, such as wool and cashmere – findings which will raise eyebrows among opponents of the growing dominance of synthetic fibres, particularly in the fast fashion sector.
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