Richemont: Watch & Jewellery initiative 2030 with Kering
(CercleFinance.com) - Cartier, mandated by Richemont, and Kering, in partnership with the Responsible Jewellery Council (RJC), have come together to extend and strengthen their action by launching the Watch & Jewellery Initiative 2030.
The initiative's first aim is to commit to priority actions to reduce CO2 emissions in line with the 1.5°C trajectory and to achieve net zero by 2030. As a minimum, brands joining the initiative must commit to the Science Based Targets Initiative (SBTi) by 2022.
The initiative secondly aims to ensure that the sourcing patterns employed by the industry have a positive impact on nature, species and communities.
As a minimum commitment by 2022, brands joining the initiative must measure and prioritise their impact on biodiversity and water through their sourcing of key raw materials, using an established scientific framework.
Copyright (c) 2021 CercleFinance.com. All rights reserved.
The initiative's first aim is to commit to priority actions to reduce CO2 emissions in line with the 1.5°C trajectory and to achieve net zero by 2030. As a minimum, brands joining the initiative must commit to the Science Based Targets Initiative (SBTi) by 2022.
The initiative secondly aims to ensure that the sourcing patterns employed by the industry have a positive impact on nature, species and communities.
As a minimum commitment by 2022, brands joining the initiative must measure and prioritise their impact on biodiversity and water through their sourcing of key raw materials, using an established scientific framework.
Copyright (c) 2021 CercleFinance.com. All rights reserved.