In 2023, Children's Place 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).
Children's Place has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2023 | 2022 | 2021 | 2020 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2023, the total operational greenhouse gas (GHG) emissions of Children's Place amounted to 29,291 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 2022, the total operational greenhouse gas (GHG) emissions of Children's Place decreased by 7.38%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a b
In 2023, the total Scope 1 emissions of Children's Place were 2,864 metric tons of CO₂ equivalent (tCO₂e). a
Since 2018, Children's Place's Scope 1 emissions have decreased by 39.23%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2022), Children's Place's Scope 1 emissions decreased by 37.87%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b
In 2023, Children's Place reported Scope 2 greenhouse gas (GHG) emissions of 26,427 tCO₂e using the market-based method. a
Since 2018, Children's Place's Scope 2 greenhouse gas (GHG) emissions ( Market-Based) have decreased by 46.02%, reflecting a declining long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2022), Children's Place's Scope 2 emissions (Market-Based) have remained relatively stable, indicating that Children's Place 's emissions have plateaued with no significant change in its energy consumption footprint. a b
In 2023, Children's Place reported its Scope 2 emissions using the market-based method. a
In 2023, Children's Place reported 679,884 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 2023 disclosure of Children's Place includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a
In 2023, Children's Place reported total Scope 3 emissions of 679,884 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 66.05% of these emissions originated from upstream activities such as purchased goods and capital goods, while 33.95% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2018, Children's Place's Scope 3 emissions have decreased by 59.11%, reflecting a declining long-term trend in Scope 3 emissions over time. a c
Compared to the previous year (2022), Children's Place's Scope 3 emissions decreased by 39.51%, highlighting the company's efforts to lower indirect emissions from its value chain. a b
In 2023, Children's Place reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2023, the largest contributors to Children's Place's Scope 3 emissions were: a
In 2023, Children's Place reported Scope 1 greenhouse gas (GHG) emissions of 2,864 tCO₂e and total revenues of USD 1,603 millions. This translates into an emissions intensity of 1.79 tCO₂e per millions USD. a
In 2023, Children's Place reported a Scope 1 emissions intensity of 1.79 tCO₂e per millions USD. Compared to the peer group median of 3.06 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2023, Children's Place ranked 11 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
Children's Place is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
In 2023, Children's Place reported a total carbon footprint of 709,175 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 38.63% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a b
The largest contributor to Children's Place's total carbon footprint was Scope 3 emissions, accounting for 95.87% of the company's total carbon footprint, followed by Scope 2 emissions at 3.73%. a