carbon footprint news and archive

LVMH to reduce carbon footprint with new fund

The world's leading luxury group has pledged to go 'green' by introducing a new carbon fund, paid for by each of its luxury fashion houses. LVMH announced it would implement a 5 million euro fund, financed by contributions from each Maison, including Louis Vuitton, Celine, Fendi, Dior and Givenchy. The fund has been set up in part to calculate...

Apparel

M&S offsets carbon with Unicef

Marks & Spencer has become the first major retailer to sign up to Unicef’s new carbon offset project. Starting in February 2014, M&S will fund the first two years of a ten year project to reduce carbon emissions in a bid to improve the lives of children. This innovative financing for development partnership brings together business and the...