What is an EP&L ?
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- Kering
- Sustainability
- Measuring our impact
- Our EP&L
- What is an EP&L ?
What is an EP&L ?
WHAT IS AN EP&L?
An Environmental Profit & Loss Account facilitates a better way of thinking
and is an innovative tool imagined by Kering
in our own operations and across our entire supply chain
it measures the environmental footprint
and then calculates its monetary value
WHY AN EP&L?
UNDERSTAND WHERE IMPACTS ARE
DEVELOP A KNOWLEDGEABLE DECISION-MAKING PROCESS
STEER OUR BUSINESS STRATEGY RESPONSIBLY
STRENGTHEN OUR BUSINESS AND MANAGE RISKS FOR THE FUTURE
BE TRANSPARENT WITH STAKEHOLDERSUNDERSTANDING OUR FOOTPRINT
TO MEASURE OUR TRUE ENVIRONMENTAL FOOTPRINT WE EXAMINE:
Carbon emissions
Water use
Water pollution
Land use
Air pollution
WasteAND TO REALLY UNDERSTAND OUR IMPACT WE ANALYSE THESE FACTORS THROUGH OUR VALUE CHAIN:
Raw materials
Processing
Manufacturing
Assembly
Operations & RetailTRANSLATION INTO MONETARY VALUE
We analyse the environmental outcomes and their impact on people
The data collected is translated into a monetary value to accurately measure and provide a good understanding of the cost of our activity
WHY IS IT RELEVANT TO GIVE A MONETARY VALUE TO OUR ENVIRONMENTAL FOOTPRINT? BECAUSE IT ALLOWS US TO COMPARE OUR ENVIRONMENTAL PERFORMANCE:
In different areas of the businessThe results are easier to read for executives and stakeholders
Between our
different impactsIt shows where is best to implement initiatives
Over timeIt shows where we are making progress and how we can decrease our footprintThis allows us to quantify our use of natural resources
A MORE HOLISTIC APPROACH TO SUSTAINABILITY REPORTING FOR THE FUTURE. A NEW WAY OF DOING BUSINESS THAT RESPECTS NATURAL RESOURCES.
