Kering Sets New Biodiversity Targets

Global luxury group Kering has announced a dedicated biodiversity strategy with a series of new targets in order to achieve a 'net positive' impact on biodiversity by 2025.

Aligned with its long-term commitment to sustainability, the group’s new biodiversity strategy outlines steps to not only minimize biodiversity loss across its global supply chains but also to support nature and create net positive conservation. In fact, the strategy encourages the prevention of biodiversity degradation, the promotion of sustainable and regenerative farming practices favouring soil health, as well as the protection of global ecosystems and forests that are vital for carbon sequestration. 

The group’s new overarching goals include a net positive impact on biodiversity by 2025 by regenerating and protecting an area around six times the total land footprint of Kering’s entire supply chain, all the way back to raw material production; the conversion of 1 million hectares of farms and rangelands in its supply chain landscapes into regenerative agriculture by 2025 and the protection of an additional 1 million hectares of critical, ‘irreplaceable’ habitat outside of its supply chain by 2025, through programs that support biodiversity protection, carbon sequestration and livelihood improvements.  

“Thriving biodiversity is intrinsically linked to the long-term viability of our industry, and society more broadly. Integrating a dedicated biodiversity strategy – which is now part of our wider sustainability strategy – into Kering’s day-to-day operations is pivotal for our contribution to bending the curve on biodiversity loss over the next years,”said Marie-Claire Daveu, Chief Sustainability Officer and Head of international institutional affairs at Kering. 

“Business has a serious role to play in shifting towards a “nature-positive” economy and ahead of the establishment of the Global Goals for biodiversity in 2021, it is important that Kering’s strategy aligns with the scientific community so that we are already on the right path and taking the actions that are urgently needed.” 

To support the implementation of its biodiversity strategy, Kering also launched the “Kering for Nature Fund: 1 Million Hectares for the Planet” in partnership with Conservation International. The Fund will assist in promising regenerative agriculture projects around the world, with the aim of bringing one million hectares of land under regenerative practices.

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