JARNAC, France
,
November 8, 2023
(press release)
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Key Highlights: * The Butterfly Mark was created by Positive Luxury, a
* Companies with the Butterfly Mark are assessed every two years to maintain the certification. * Courvoisiers impact on climate, nature, water, social impact, and overall governance were assessed for the certification. Original Press Release: JARNAC,
- The Most Awarded Cognac House[*] surpassed industry benchmarks to earn the sustainability certification awarded to luxury businesses About Courvoisier Cognac
As a world leader in premium spirits,
About Positive Luxury Positive Luxury are the leading sustainability experts for the global luxury industry. By helping businesses meet higher and higher standards for people and nature, they are transforming luxury – for the good of all. Positive Luxury was born to action real change, for a world that desperately needs it. Inspired by the large blue Butterfly, which now thrives following extinction in the
ESG + Assesment Positive Luxury’s proprietary ESG+ (Environmental, Social, Governance, and Innovation) assessment framework and diagnostic tool is the only one designed for the specific social, environmental, and material risks of the luxury industry helping organisations determine their ESG risk profile, through gap The Butterfly Mark is an independent trust mark awarded to luxury brands, retailers, and suppliers that evidence tangible action to making a positive impact to people and nature. It is only ever awarded to brands who are meeting higher and higher standards. These brands are called the Real Changemakers, brands taking serious, sustained, positive action. Footnote: [Category: Professional Services, Awards and Recognitions, ESG]
Issued by luxury sustainability organization, Positive Luxury, Courvoisier received an overall score of 72, which is 44 percent above the benchmark score of 50, as a result of the brand’s positive change across environmental, social and governance (ESG) initiatives. This is the second highest score among Positive Luxury’s large clients that have been awarded the certification.
The Butterfly Mark was created by Positive Luxury, a
“It is an honor to receive the Butterfly Mark, a distinction that illustrates our commitment to sustainability and creating positive change in the world,” said Managing Director for
Courvoisier’s impact on climate, nature and water; as well as its social impact, including how it treats its workers and communities; and its overall governance, including how it responsibly and ethically manages its business, were all factors assessed in the certification.
“Maison Courvoisier values sustainability, biodiversity and community. Positive Luxury is proud to certify Courvoisier with the Butterfly Mark, a testament to the brand's dedication to incorporating sustainable practices into every facet of its operations. Courvoisier's continued commitment to sustainability is evident in their environmental initiatives” says
The following initiatives were recognized by Positive Luxury to designate its Butterfly Mark certification for
* Courvoisier’s commitment to sustainable sourcing. The cognac house has implemented global sourcing practices and is committed to safeguarding human rights and labor standards. As part of premium spirits leader Beam Suntory’s iconic brand portfolio,
* The brand follows strict practices to protect biodiversity and to mitigate its impact on the local environment. Maison Courvoisier’s estate is certified by the French government’s “La Haute Valeur Environnementale,” the highest environmental and biodiversity-based government certification standard.
* Community involvement and support is critical to Courvoisier. The brand’s philanthropic platform, Foundation 1828 aims to empower small business owners and entrepreneurs in underserved populations around the world. In 2020, Foundation 1828 pledged to donate
In addition to the initiatives highlighted by the Butterfly Mark,
About Beam Suntory
A global company with approximately 6,000 employees in more than 30 countries, one of Beam Suntory’s core values is Growing for Good and through its Proof Positive sustainability strategy, the company has committed to ambitious goals and investments to promote environmental sustainability in its operations, ensure the company has a positive impact on the communities where employees live and work, and programs to inform consumers as they make choices about drinking. Headquartered in
they call the Real Changemakers, continually raising the bar.
analysis and material ESG issue forecasting. It is built on the foundation of international agreements, global frameworks and standards, and upcoming legislation.
The Butterfly Mark
[*] Based on 20 top spirits competitions since 2019.
Source:
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