Thursday 23 April 2020

Vercace, Jimmy Choo and Michael Kors unveil plans for carbon neutrality by 2025

Capri Holdings, which owns luxury fashion brands including Versace, Jimmy Choo and Michael Kors, has unveiled plans for carbon neutrality by 2025.

Building on its net zero carbon emissions commitment, the company also pledges to set emissions reduction targets across its operations and supply chain by 2021.

The firm also plans for all plastic in packaging to be recyclable, compostable, recycled or reusable and outlines a goal to source at least 95% of its leather from certified tanneries by 2025.

The fashion group also says it partners with key suppliers to reduce water waste.

John D. Idol, Chairman and Chief Executive Officer of Capri Holdings, said: "We believe that sound environmental and social policies are both ethically correct and fiscally responsible. To that end, we are committed to improving the way we work in order to better the world in which we live.”