Kering partners with Swire Properties to elevate sustainability performance across retail stores

Global luxury group Kering and Swire Properties (1972) have entered into a pivotal sustainability-focused partnership to enhance the Environmental, Social and Governance performance across all new and existing Kering stores located in Swire Properties’ retail malls in the Chinese Mainland and Hong Kong.

The collaboration was recently formalised through a Memorandum of Understanding.

Kering and its portfolio of luxury houses will join Swire Properties’ Green Retail Partnership, a sustainability program Swire Properties created for for retail partners in 2024, emphasises sustainable store design, improved ESG data sharing and monitoring, and enhancing environmental performance in terms of store operations.

Swire Properties will provide technical guidelines for new Kering stores to implement sustainable fit-outs and incorporate design features in the areas of lighting, interior layouts, environmentally friendly materials, as well as energy and water management. The two companies will also enhance their collective data monitoring and sharing capabilities, and improve stores’ environmental performance at the operational level.

Marie-Claire Daveu, chief sustainability and institutional affairs officer at Kering, said this partnership with Swire Properties is a meaningful step forward in translating our environmental commitments into action at store level, through tangible collaboration and shared ambition on key markets for Kering.

“This initiative is set to be another powerful example of how landlords and tenants can bring about impactful and positive change by working together, and inspire our industries to do even more to create a sustainable future,” said Han Zhi, director of retail at Swire Properties.