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SEEA workshop, October 2019 NYC ENVIRONMENTAL PROFIT & LOSS ACCOUNT

ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

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Page 1: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

SEEA workshop, October 2019

NYC

ENVIRONMENTAL PROFIT & LOSS ACCOUNT

Page 2: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 2

KERING

A global Luxury group,

Kering manages the

development of a series of

renowned Houses in

Fashion, Leather Goods,

Jewelry and Watches:

Gucci, Saint Laurent,

Bottega Veneta,

Balenciaga, Alexander

McQueen, Brioni,

Boucheron, Pomellato,

DoDo, Qeelin, Ulysse

Nardin, Girard-Perregaux,

as well as Kering Eyewear.

Page 3: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 3

KERING

€13,665M Group revenue

+29,4%Revenue growth

€3,943.8MRecurring operating income

1,439 Directly operated stores

35,000employees

Page 4: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 4

SUSTAINABILITY AT KERING: 2025 STRATEGY

CARE FOR THE PLANET

COLLABORATE WITH THE PEOPLE

CREATE NEW BUSINESS MODELS

The strategy is supported by three themes that translate vision into action:

Page 5: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 5

ENVIRONMENTAL PROFIT & LOSS ACCOUNT

PUMA

EP&L

2011 2012

Kering commit to

roll out the EP&L

across its Brands

by 2016

6 Brands

covered

2013 2015

First Kering

EP&L covering

all the Group

Publication of Kering’s 2025

sustainability strategy

Target : reduce Group EP&L

by 40%

And release of My EP&L App

2018

First EP&L

disclosing progress

against 2025 target

2017

First EP&L

digital platform

2019

Page 6: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 6

ENVIRONMENTAL PROFIT & LOSS ACCOUNT

x Valuation = €

Legal

Reporting

Page 7: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 7

ENVIRONMENTAL PROFIT & LOSS ACCOUNT

Page 8: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 8

ENVIRONMENTAL PROFIT & LOSS ACCOUNT

https://kering-group.opendatasoft.com

Page 9: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015
Page 10: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 10

WHAT IS AN EP&L?

x Valuation = €

Legal

Reporting

Page 11: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 11

WHAT IS AN EP&L?

Environmental

Footprint

Impact

ValuationEP&LX =

Page 12: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 12

OUR IMPACTS

Page 13: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 13

WHAT WE DO WITH THE EP&L?

Page 14: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 14

ENVIRONMENTAL PROFIT & LOSS ACCOUNT

https://kering-group.opendatasoft.com

Page 15: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 15

OPEN SOURCING OUR DATA

Page 16: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 16

FOCUS ON LAND USE AND BIODIVERSITY

Impact pathway for land use

Page 17: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 17

FOCUS ON LAND USE AND BIODIVERSITY

Classification of final ecosystem services

The Economics of Ecosystems and Biodiversity (TEEB)

Page 18: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 18

FOCUS ON LAND USE AND BIODIVERSITY

Page 19: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 19

FOCUS ON WATER

Impact pathway for water consumption

Page 20: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 20

FOCUS ON WATER

Page 21: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 21

FOCUS ON WATER

Impact pathway for water pollution

Page 22: ENVIRONMENTAL PROFIT & LOSS ACCOUNT · ENVIRONMENTAL PROFIT & LOSS ACCOUNT PUMA EP&L 2011 2012 Kering commit to roll out the EP&L across its Brands by 2016 6 Brands covered 2013 2015

14.10.19 22

FOCUS ON WATER

Helmes’ fate factors describe the potential for Phosphorus

releases to freshwater to contribute to eutrophication