Kering

Apparel, Accessories & Luxury Goods

KER.PA

€ 463 (1.5)%

Share price

$ 60 bn

Market Cap

$ 65 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.02x the weighted average for S&P 500

FY2021

Primary Climate Goal

Kering aims to reduce Scope 1 + 2 by 90% by 2030 from a base year 2015

1.5°C

Secondary Climate Goal

Proj. YOY change in GHG emissions (all Scopes)

Stronger than the -6.9% weighted average for S&P 500

FY2022

Kering aims to achieve net zero for all Scopes by 2030

1.5°C

GHG emissions and Carbon intensity

Kering reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 31 Kt (+5/+20% y-o-y). At the sime time, carbon intensity declined to 1.5 t (-0.2 /-11.8% y-o-y).

Kering's Scope 3 emissions skyrocketed to 271 Kt (+134/+98% y-o-y). There has been no consistent trend in recent years.

The company is committed to achieving net zero for all Scopes by 2030, which translates into the estimated reduction of -34 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	31	19	11	271	20,943	1.5
2020Q4	26	14	11	137	15,340	1.7
2019Q4	36	17	19	197	17,852	2
2018Q4	47	14	32	209	16,156	2.9
2017Q4	133	21	112	267	12,210	11