Italian fashion house Gucci has revealed a series of eco-friendly initiatives with the aim of reducing the company’s impact on the environment.

The main focus of the proposals is to cut paper consumption and reduce Carbon dioxide omissions.

The Italian luxury brand has redesigned their packaging using only FSC Certified 100 per cent recyclable paper.

The new shopping bags will featured a de-bossed logo with both ribbon and garment bags have been changed from polyester to ribbon.

According to the Environmental Transport Association, Lamborghini Murcielago is the least ‘green-friendly’ car and sports car in the United Kingdom.

The Luxury car emits a CO2 amount equivalent to ‘a football pitch-sized forest of trees’, which brought it the Least Green Car of the Year 2010 title.

According to The Sun, the two-seat Murcielago produces five times more carbon dioxide per mile than the greenest car of the year – the Toyota iQ.

A Mumbai developer is about to start construction on what he claims will be the world’s tallest residential tower.

Mumbai builder Lodha Developers Ltd. said it will finish the over 117-story stack of private homes called “World One” in 2014.

At more than 450 meters, it will be taller than the Empire State Building in New York or the Willis Tower in Chicago.

Global carmakers have been unveiling concepts that could shape the future of automobiles for the next decade, with a focus on lean, green models.

Hybrids and electric cars took center stage on day one of the show, which is open to the public March 4-14.

Abu Dhabi has announced ambitious environmental targets for 2010, promising to slash energy, water and waste-to-landfill usage.

The targets, announced January 3 by the Abu Dhabi tourism authority, commit Abu Dhabi to a 10-percent energy cut, 20-percent water usage cut and 20-percent waste-to-landfill cut.

If delivered, Abu Dhabi believes its hotels will be in line with, if not greener, than the world’s greenest hotels.

A new carbon offsetting service targeting the luxury-conscious set has recently launched.

Belgrave Trust calculates the amount of carbon users emit in a given month (partly from car and jet exhaust), and then offers them credits which are invested in projects that help the environment.

The site uses a unique carbon calculator that matches a user’s lifestyle with the amount of carbon they emit in a given month.