Compagnie Financiere Richemont SA
Compagnie Financiere Richemont's Climate Target Data Preview
As of 2024, Compagnie Financiere Richemont has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Compagnie Financiere Richemont ’s climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy restricted. Please purchase to unlock this data.  | 2030 |
Intensity-based Target | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Business Travel (Cat. 6) | Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Economic Value Added (EVA) | Copy restricted. Please purchase to unlock this data.  | 2030 |
This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Compagnie Financiere Richemont's Greenhouse Gas Emissions Pathways
As of 2024, Compagnie Financiere Richemont has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.
Does Compagnie Financiere Richemont have a target to reduce the emissions from its operations?
As of 2024, Compagnie Financiere Richemont has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.
Compagnie Financiere Richemont's most ambitious operational target is to reduce these emissions by 46% by 2030, compared to a baseline of 60,418 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.
Compagnie Financiere Richemont has already surpassed its operational emissions reduction target, with 2023 levels falling below the 2030 value, achieving its climate goal ahead of schedule.
Compagnie Financiere Richemont's Operational (Scope 1+2) Emissions Pathway
Does Compagnie Financiere Richemont have a target to reduce the emissions from its value chain?
As of 2024, Compagnie Financiere Richemont has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol.
Compagnie Financiere Richemont's most ambitious value chain target is to reduce these emissions by 55% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Economic Value Added (EVA) in 2019.
As of 2023, Compagnie Financiere Richemont is lagging behind on its value chain emissions reduction target, having achieved 33.35% of the planned reduction.