In 2024, Capri Holdings completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Capri Holdings has also provided a category-level breakdown for 5 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 3,931a | 4,811b | N/A | |
Total Scope 2 | ||||
Market-Based | 9,613a | 11,074b | N/A | |
Location-Based | N/A | N/A | N/A | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 1,249,924a | 1,083,978b | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.7603a | 0.8562b | N/A |
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In 2024, the total operational greenhouse gas (GHG) emissions of Capri Holdings amounted to 13,544 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Capri Holdings decreased by 14.74%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Capri Holdings were 3,931 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Capri Holdings's Scope 1 emissions have decreased by 21.71%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Capri Holdings's Scope 1 emissions decreased by 18.29%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
In 2024, Capri Holdings reported Scope 2 greenhouse gas (GHG) emissions of 9,613 tCO₂e using the market-based method.a
Compared to the previous year (2023), Capri Holdings's Scope 2 emissions (Market-Based) fell by 13.19% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
In 2024, Capri Holdings reported its Scope 2 emissions using the market-based method.a
In 2024, Capri Holdings reported 1,249,924 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Capri Holdings includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Capri Holdings reported total Scope 3 emissions of 1,249,924 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 89.38% of these emissions originated from upstream activities such as purchased goods and capital goods, while 10.62% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Capri Holdings's Scope 3 emissions have decreased by 55.37%, reflecting a declining long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Capri Holdings's Scope 3 emissions increased by 15.31%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, Capri Holdings reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to Capri Holdings's Scope 3 emissions were:a
In 2024, Capri Holdings reported Scope 1 greenhouse gas (GHG) emissions of 3,931 tCO₂e and total revenues of USD 5,170 millions. This translates into an emissions intensity of 0.76 tCO₂e per millions USD.a
In 2024, Capri Holdings reported a Scope 1 emissions intensity of 0.76 tCO₂e per millions USD. Compared to the peer group median of 1.01, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Capri Holdings ranked 10 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Capri Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Capri Holdings reported a total carbon footprint of 1,263,468 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 14.88% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Capri Holdings's total carbon footprint was Scope 3 emissions, accounting for 98.93% of the company's total carbon footprint, followed by Scope 2 emissions at 0.76%.a