Green is the new black, Total Impact and Management in Fashion-Luxury sector- Kering case

Abstract

This dissertation aims to analyse the changing context in which companies operates, especially focusing on sustainability and sustainable development. In particular, it analyses what sustainability means in the fashion-luxury sector and the economic benefits deriving from sustainable practices. Furthermore, it is examined the connection between the socio-environmental end the economic performances and the need for change in the reporting system, in order to incorporate in it the environmental dimension. Then , it is presented a new business framework called TIMM (Total Impact Measureent and Management), together with Integrated Reporting system. Finally, it is presented the concrete case of Kering company, and in particular its EP&L (Environmental Profit & Loss), that is an innovative tool which makes the impacts of business visible, quantifiable and comparable.