The carbon and ESG challenges facing the luxury sector
The luxury sector has a key role to play in decarbonizing the economy. A sector in a class of its own, its decarbonization challenges and levers are as varied as the diversity of business areas it encompasses: fashion, cosmetics, jewelry, spirits, leather goods, etc.
As a trailblazer, trend-setter and economic agent providing a livelihood for numerous suppliers, the luxury sector has the capacity to positively influence other industries and steer consumer trends towards more sustainable choices. By making the transition to more environmentally-friendly modes of production and consumption, luxury players have the opportunity to play a significant role in promoting a sustainable future, meeting the new expectations of their customers while preserving their exclusive and innovative appeal.
Meet new customer expectations and identify the best low-carbon alternatives
Work with the entire value chain to reduce emissions linked to transport and raw materials.
Implement decarbonization plans in line with new standards and regulations (CSRD, SBTi, etc.).