This is Esquire Updates, a brand new section of the website dedicated to bringing you the latest news, press releases, deals, offers and a whole lot more – basically, everything that’s relevant to you will now be online here quicker than ever before.
Gucci has revealed that to build on longstanding efforts to reduce environmental impacts and drive positive change, it is offsetting all remaining Greenhouse Gas (GHG) emissions annually from its own operations and the entire supply chain through four critically important REDD+1 projects that support forest conservation around the world.
As an unprecedented commitment to sustainability leadership in luxury and fashion, Gucci’s supply chain has become carbon neutral. Gucci has been operationally embedding its long term sustainability strategy into the business over the last years and has taken this next ambitious step to become entirely carbon neutral in recognition that additional measures are required in the immediate given the urgent need for climate action.
As part of a comprehensive approach to account for all its GHG emissions associated with its business activities, Gucci has implemented a hierarchy of actions to avoid, reduce, restore and offset its GHG emissions.
In so doing, Gucci is establishing a new pathway to carbon neutrality highlighting the necessity for businesses to be responsible and accountable for all the emissions across their supply chains.
“A new era of corporate accountability is upon us and we need to be diligent in taking all steps to mitigate our impacts, including being transparent and responsible for our GHG emissions across our supply chains,” said Marco Bizzarri, President & CEO of Gucci.
“Gucci will continue to work in a smart and strategic way to avoid and reduce our impacts, while simultaneously investing in innovation as a driver for sustainability. However, in my view, this is just not enough nor will it happen fast enough given the sustainability challenges we are up against in our industry and the reality of our global climate and biodiversity crises.”