Crocs Inc

Common Name
Crocs
Country
United States
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Employees
7,910
Ticker
CROX
Exchange
NASDAQ/NGS
Description
Crocs, Inc. is a renowned footwear company known for its signature lightweight and durable clogs. The primary function of the company is to design, manufacture, and market its products globally, offer...

Crocs's GHG Emissions Data Preview

In 2023, Crocs 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).

Crocs has also provided a category-level breakdown for 12 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Crocs's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Crocs amounted to 14,789 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Crocs decreased by 3.88%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Crocs's Scope 1 Emissions Over Time

20212022202301.5 k3 k4.5 k6 ktCO2e+74%-25%
  • Total Scope 1
  • Year-over-Year Change

What are Crocs's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Crocs were 3,189 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Crocs reduced its Scope 1 emissions over time?

Since 2021, Crocs's Scope 1 emissions have increased by 30.48%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Crocs's Scope 1 emissions decreased by 25%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Crocs's Scope 2 emissions?

In 2023, Crocs reported Scope 2 greenhouse gas (GHG) emissions of 12,616 tCOâ‚‚e using the market-based method, and 11,600 tCOâ‚‚e using the location-based method.

What methodology does Crocs use for Scope 2 reporting?

In 2023, Crocs reported its Scope 2 emissions using the market-based method and using the location-based method.

Crocs's Scope 2 Emissions Over Time

20212022202303.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Crocs's Value Chain Emissions

In 2023, Crocs reported 190,754 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Crocs includes a breakdown across 12 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.

Crocs's Scope 3 Emissions Over Time

2021202220230150 k300 k450 k600 ktCO2e-55%-24%
  • Total Scope 3
  • Year-over-Year Change

What are Crocs's Scope 3 emissions?

In 2023, Crocs reported total Scope 3 emissions of 190,754 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 93.07% of these emissions originated from upstream activities such as purchased goods and capital goods, while 6.93% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Crocs reduced its Scope 3 emissions over time?

Since 2021, Crocs's Scope 3 emissions have decreased by 66.05%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Crocs's Scope 3 emissions decreased by 23.9%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Crocs disclose?

In 2023, Crocs reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Crocs's Scope 3 emissions?

In 2023, the largest contributors to Crocs's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 464,806 tCOâ‚‚e (70.9%)
  • Upstream Transportation and Distribution (Cat. 4): 111,720 tCOâ‚‚e (17.04%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 44,048 tCOâ‚‚e (6.72%)

Crocs's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(70.9%)End-of-LifeTreatment of SoldProducts (Cat. 12)(6.7%)UpstreamTransportation andDistribution(Cat. 4)(17.0%)

Insights into Crocs's Total Carbon Footprint

In 2023, Crocs reported a total carbon footprint of 205,543 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 22.74% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Crocs's total carbon footprint was Scope 3 emissions, accounting for 92.8% of the company's total carbon footprint, followed by Scope 2 emissions at 5.64%.