15 Dec 2022 --- Kering and L’Occitane are collaborating to create the €300 million (US$318 million) Climate Fund for Nature, leveraging resources from the luxury fashion and beauty sectors to help protect and restore nature. The companies will also focus on women’s empowerment and ethics within the agricultural supply chain. The partnership was announced at the ongoing 15th Conference of Parties (COP15) of the Convention on Biological Diversity in Montréal, Canada.