Chanel Reveals First Climate Transition Plan: How the Luxury Giant Aims to Hit Net-Zero

Chanel Reveals First Climate Transition Plan: How the Luxury Giant Aims to Hit Net-Zero

Chanel has unveiled its first comprehensive climate transition plan, charting a clear path to net-zero emissions by 2040. Building on its earlier “Mission 1.5°” strategy, the plan aligns with global climate standards and follows the Science-Based Targets initiative (SBTi). This means Chanel must reduce at least 90% of its emissions and remove the remainder.The move shows a bigger change in luxury brands. They face more pressure from investors, r…