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Major fashion companies to make G7 pledge to help environment

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09/02/2019 | 06:46am EDT
Security tightened as French Basque country prepares to welcome G7 in Biarritz

(This Aug. 23 story has been corrected to remove LVMH, which was not a signatory of the pact)

The pact has been signed by 32 companies including the likes of Adidas, Burberry, Kering, Hermes, Nike, Prada and Puma.

Protecting the environment will be a leading issue at the G7, with French President Emmanuel Macron and United Nations Secretary General Antonio Guterres having expressed concern this week over wildfires raging through the Amazon.

The companies, whose representatives were meeting French President Emmanuel Macron on Friday, said they would aim to use methods that would protect forests and cut down on the use of plastic.

(Reporting by Sudip Kar-Gupta; Editing by William Maclean/Inti Landauro and David Evans)

Stocks mentioned in the article
ChangeLast1st jan.
ADIDAS AG -0.09% 274.75 Delayed Quote.50.63%
BURBERRY GROUP 3.33% 2203 Delayed Quote.26.94%
CARREFOUR -0.03% 16.645 Real-time Quote.11.64%
HERMÈS INTERNATIONAL -0.32% 627.4 Real-time Quote.29.41%
KERING 1.36% 468.95 Real-time Quote.13.93%
LVMH MOËT HENNESSY VUITTON SE 0.75% 370.05 Real-time Quote.43.32%
MONCLER S.P.A. 0.46% 32.62 End-of-day quote.12.75%
PRADA S.P.A. -3.51% 24.75 End-of-day quote.-3.32%
PUMA 1.45% 70.15 Delayed Quote.64.29%
SALVATORE FERRAGAMO S.P.A. 0.34% 17.64 End-of-day quote.-0.09%
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