Chanel has spent US$25 million in carbon credit offsets, which have cut or eliminated 6.9 million metric tonnes of carbon emissions every year, according to the French luxury brand’s Mission 1.5 climate report.
Chanel highlighted in the report that it is committed to investing in nature-based solutions to eliminate and avoid emissions equivalent to or greater than its whole carbon footprint. The company aims to achieve its low-carbon ambitions with two commitments: reduce and accelerate.
