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Ermenegildo Zegna NV

Common Name
Ermenegildo Zegna
Country
Italy
Sector
Consumer Cyclical
Industry
Apparel Manufacturing
Employees
7,243
Ticker
ZGN
Exchange
New York Stock Exchange
Description
Ermenegildo Zegna N.V. is a prominent luxury fashion company known for its high-quality menswear and accessories. Founded in 1910 and headquartered in Trivero, Italy, the company has established itsel...

Ermenegildo Zegna's GHG Emissions Data Preview

In 2024, Ermenegildo Zegna 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).

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

Metric (tCO2e)2024202320222021-2019
Total Scope 1
8,420a
8,098a
7,864a
Total Scope 2
Market-Based
10,466a
13,268a
14,331a
Location-Based
18,747a
20,281a
20,504a
Total Scope 3
451,213a
523,796a
589,007a
Total Scope 1 Revenue Intensity (tCO2e/$M)
4.1566a
3.8416a
4.9413a
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Verified Sources Behind Ermenegildo Zegna’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Ermenegildo Zegna's Sustainability Report 2024
b. Ermenegildo Zegna's Sustainability Report 2023

Insights into Ermenegildo Zegna's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Ermenegildo Zegna amounted to 27,167 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 Ermenegildo Zegna decreased by 4.27%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Ermenegildo Zegna's Scope 1 Emissions Over Time

202120222023202402.5 k5 k7.5 k10 ktCO2e0%+3%+4%
  • Total Scope 1
  • Year-over-Year Change

What are Ermenegildo Zegna's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Ermenegildo Zegna were 8,420 metric tons of CO₂ equivalent (tCO₂e).a

Has Ermenegildo Zegna reduced its Scope 1 emissions over time?

Since 2021, Ermenegildo Zegna's Scope 1 emissions have increased by 6.83%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Ermenegildo Zegna's Scope 1 emissions increased by 3.98%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Ermenegildo Zegna's Scope 2 emissions?

In 2024, Ermenegildo Zegna reported Scope 2 greenhouse gas (GHG) emissions of 10,466 tCO₂e using the market-based method and 18,747 tCO₂e using the location-based method.a

Has Ermenegildo Zegna reduced its Scope 2 emissions over time?

Since 2021, Ermenegildo Zegna's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 15.39%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2023), Ermenegildo Zegna's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Ermenegildo Zegna's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Ermenegildo Zegna use for Scope 2 reporting?

In 2024, Ermenegildo Zegna reported its Scope 2 emissions using the market-based method and using the location-based method.a

Ermenegildo Zegna's Scope 2 Emissions Over Time

202120222023202406 k12 k18 k24 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Ermenegildo Zegna's Value Chain Emissions

In 2024, Ermenegildo Zegna reported 451,213 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 Ermenegildo Zegna includes a breakdown across 13 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

Ermenegildo Zegna's Scope 3 Emissions Over Time

20212022202320240150 k300 k450 k600 ktCO2e+35%-11%-14%
  • Total Scope 3
  • Year-over-Year Change

What are Ermenegildo Zegna's Scope 3 emissions?

In 2024, Ermenegildo Zegna reported total Scope 3 emissions of 451,213 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 98.24% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.76% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Ermenegildo Zegna reduced its Scope 3 emissions over time?

Since 2021, Ermenegildo Zegna's Scope 3 emissionshave remained relatively stable, indicating that Ermenegildo Zegna's emissions have plateaued with no significant change in its value chain footprint.ab

Compared to the previous year (2023), Ermenegildo Zegna's Scope 3 emissions decreased by 13.86%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Ermenegildo Zegna disclose?

In 2024, Ermenegildo Zegna reported emissions for 13 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.

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

In 2024, the largest contributors to Ermenegildo Zegna's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 393,258 tCO₂e (87.16%)
  • Capital Goods (Cat. 2): 15,001 tCO₂e (3.32%)
  • Upstream Transportation and Distribution (Cat. 4): 10,310 tCO₂e (2.28%)

Ermenegildo Zegna's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(87.2%)UpstreamTransportation andDistribution(Cat. 4)(2.3%)Capital Goods(Cat. 2)(3.3%)

Insights into Ermenegildo Zegna’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Ermenegildo Zegna reported Scope 1 greenhouse gas (GHG) emissions of 8,420 tCO₂e and total revenues of USD 2,026 millions. This translates into an emissions intensity of 4.16 tCO₂e per millions USD.a

Ermenegildo Zegna's Scope 1 Emissions Intensity Compared to Peers

102002,00020,000500,000Scope 1 Emissions (tCO2e)2005002,00010,00050,000Revenues (Millions of USD)JNBY DesignYear: 2023Scope 1: 20 tCO2eRevenue: $M 616Scope 1 Intensity: 0.03 tCO2e/$MWacoal HoldingsYear: 2024Scope 1: 1,578 tCO2eRevenue: $M 1,236Scope 1 Intensity: 1.28 tCO2e/$MTechnogymYear: 2025Scope 1: 5,379 tCO2eRevenue: $M 1,198Scope 1 Intensity: 4.49 tCO2e/$MVFYear: 2025Scope 1: 29,274 tCO2eRevenue: $M 9,505Scope 1 Intensity: 3.08 tCO2e/$MBosideng International HoldingsYear: 2025Scope 1: 244 tCO2eRevenue: $M 3,567Scope 1 Intensity: 0.07 tCO2e/$MLevi Strauss & CoYear: 2023Scope 1: 10,000 tCO2eRevenue: $M 6,179Scope 1 Intensity: 1.62 tCO2e/$MGildan ActivewearYear: 2024Scope 1: 126,920 tCO2eRevenue: $M 3,271Scope 1 Intensity: 38.81 tCO2e/$MRalph LaurenYear: 2025Scope 1: 13,526 tCO2eRevenue: $M 7,079Scope 1 Intensity: 1.91 tCO2e/$MH and M Hennes and MauritzYear: 2025Scope 1: 17,039 tCO2eRevenue: $M 24,165Scope 1 Intensity: 0.71 tCO2e/$MDescenteYear: 2023Scope 1: 396 tCO2eRevenue: $M 906Scope 1 Intensity: 0.44 tCO2e/$MHanesbrandsYear: 2024Scope 1: 43,248 tCO2eRevenue: $M 3,507Scope 1 Intensity: 12.33 tCO2e/$MUnder ArmourYear: 2023Scope 1: 3,614 tCO2eRevenue: $M 5,903Scope 1 Intensity: 0.61 tCO2e/$MColumbia SportswearYear: 2024Scope 1: 10,303 tCO2eRevenue: $M 3,369Scope 1 Intensity: 3.06 tCO2e/$MHugo BossYear: 2025Scope 1: 9,152 tCO2eRevenue: $M 5,020Scope 1 Intensity: 1.82 tCO2e/$MPVHYear: 2024Scope 1: 11,451 tCO2eRevenue: $M 8,653Scope 1 Intensity: 1.32 tCO2e/$MKontoor BrandsYear: 2024Scope 1: 17,000 tCO2eRevenue: $M 2,608Scope 1 Intensity: 6.52 tCO2e/$MPage IndustriesYear: 2023Scope 1: 1,507 tCO2eRevenue: $M 570Scope 1 Intensity: 2.64 tCO2e/$MChildren's PlaceYear: 2023Scope 1: 2,864 tCO2eRevenue: $M 1,603Scope 1 Intensity: 1.79 tCO2e/$MTSI HoldingsYear: 2025Scope 1: 811 tCO2eRevenue: $M 1,044Scope 1 Intensity: 0.78 tCO2e/$MF&F HoldingsYear: 2023Scope 1: 439 tCO2eRevenue: $M 1,554Scope 1 Intensity: 0.28 tCO2e/$MCrystal International GroupYear: 2024Scope 1: 49,824 tCO2eRevenue: $M 2,470Scope 1 Intensity: 20.17 tCO2e/$MEclat TextileYear: 2024Scope 1: 61,692 tCO2eRevenue: $M 1,124Scope 1 Intensity: 54.88 tCO2e/$MYoungor FashionYear: 2023Scope 1: 22,576 tCO2eRevenue: $M 1,935Scope 1 Intensity: 11.67 tCO2e/$MMonclerYear: 2025Scope 1: 2,742 tCO2eRevenue: $M 3,683Scope 1 Intensity: 0.74 tCO2e/$MOVSYear: 2024Scope 1: 7,278 tCO2eRevenue: $M 1,773Scope 1 Intensity: 4.10 tCO2e/$MErmenegildo ZegnaYear: 2024Scope 1: 8,420 tCO2eRevenue: $M 2,026Scope 1 Intensity: 4.16 tCO2e/$M

How does Ermenegildo Zegna's GHG emissions intensity compare to its peers?

In 2024, Ermenegildo Zegna reported a Scope 1 emissions intensity of 4.16 tCO₂e per millions USD. Compared to the peer group median of 1.82, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Ermenegildo Zegna rank on GHG emissions intensity within its industry?

In 2024, Ermenegildo Zegna ranked 19 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Ermenegildo Zegna is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Ermenegildo Zegna's Total Carbon Footprint

In 2024, Ermenegildo Zegna reported a total carbon footprint of 478,380 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 13.36% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Ermenegildo Zegna's total carbon footprint was Scope 3 emissions, accounting for 94.32% of the company's total carbon footprint, followed by Scope 2 emissions at 3.92%.a

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