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Capri Holdings Announces Global Corporate Social Responsibility Goals

The Owner of Versace, Jimmy Choo and Michael Kors Commits to Net Zero Emissions and 100% Renewable Energy by 2025.

On the 50th anniversary of Earth Day, global fashion luxury group Capri Holdings released its first group-wide corporate social responsibility strategy. The group has set targets to be 100% carbon neutral in its direct operations and to source 100% of energy for its owned and operated facilities from renewable sources by 2025. 

The report includes the initiatives that company’s brands (Versace, Jimmy Choo and Michael Kors) have already been working on, and outlines the company’s global strategy to achieve significant goals in environmental and social sustainability issues, including material sourcing, greenhouse gas emissions, water use, waste reduction, diversity and inclusion and philanthropic giving.

We are proud of the actions our company is taking to drive positive environmental and social change within our organization and our world. We are committed to improving the way we work in order to better the world in which we live.- said John D. Idol, Chairman and Chief Executive Officer of Capri Holdings.

The company’s corporate social responsibility strategy is divided into three areas:

  1. Our World — focused on actions across the company’s operations and supply chain, meant to significantly reduce its environmental impact;
  2. Our Community — fostering a supportive, healthy, diverse and inclusive workplace for all of the company’s employees;
  3. Our Philanthropy — connecting the talents, energy and success of each of the company’s brands to those in need around the world.

All of the goals and objectives in the Capri Holdings corporate social responsibility report support the United Nation’s 17 Sustainable Development Goals.

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