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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) | 2024 | 2023 | 2022 | 2021 - 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 2024, the total operational greenhouse gas (GHG) emissions ofErmenegildo Zegna amounted to27,167metric 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 Zegnadecreased by 4.27%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Ermenegildo Zegna were 8,420 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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
In 2024, Ermenegildo Zegna reported Scope 2 greenhouse gas (GHG) emissions of 10,466 tCOâ‚‚e using the market-based method and 18,747 tCOâ‚‚e using the location-based method.a
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
In 2024, Ermenegildo Zegna reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Ermenegildo Zegna reported 451,213 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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 13of 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, Ermenegildo Zegna reported total Scope 3 emissions of 451,213 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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
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
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.
In 2024, the largest contributors to Ermenegildo Zegna's Scope 3 emissions were:a
In 2024, Ermenegildo Zegna reported Scope 1 greenhouse gas (GHG) emissions of 8,420 tCOâ‚‚e and total revenues of USD 2,370 millions. This translates into an emissions intensity of 3.55 tCOâ‚‚e per millions USD.a
In 2024, Ermenegildo Zegna reported a Scope 1 emissions intensity of 3.55 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.32, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Ermenegildo Zegna ranked 19 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Ermenegildo Zegna among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Ermenegildo Zegna reported a total carbon footprint of 478,380 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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