Ermenegildo Zegna NV

Common Name
Ermenegildo Zegna
Country
Italy
Sector
Consumer Cyclical
Industry
Apparel Manufacturing
Employees
7,185
Ticker
ZGN
Exchange
NEW YORK STOCK EXCHANGE, INC.
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 2023, 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 - 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 Ermenegildo Zegna's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Ermenegildo Zegna amounted to 28,379 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 Ermenegildo Zegna increased by 0.04%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Ermenegildo Zegna's Scope 1 Emissions Over Time

20212022202302.5 k5 k7.5 k10 ktCO2e0%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Ermenegildo Zegna's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Ermenegildo Zegna were 8,098 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Ermenegildo Zegna reduced its Scope 1 emissions over time?

Since 2021, Ermenegildo Zegna's Scope 1 emissions have increased by 2.74%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Ermenegildo Zegna's Scope 1 emissions increased by 2.98%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Ermenegildo Zegna's Scope 2 emissions?

In 2023, Ermenegildo Zegna reported Scope 2 greenhouse gas (GHG) emissions of 13,268 tCOâ‚‚e using the market-based method, and 20,281 tCOâ‚‚e using the location-based method.

Has Ermenegildo Zegna reduced its Scope 2 emissions over time?

Since 2021, Ermenegildo Zegna's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Ermenegildo Zegna 's emissions have plateaued with no significant change in its energy consumption footprint.

Compared to the previous year (2022), 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.

What methodology does Ermenegildo Zegna use for Scope 2 reporting?

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

Ermenegildo Zegna's Scope 2 Emissions Over Time

20212022202306 k12 k18 k24 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Ermenegildo Zegna's Value Chain Emissions

In 2023, Ermenegildo Zegna reported 521,232 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 Ermenegildo Zegna includes a breakdown across 15 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.

Ermenegildo Zegna's Scope 3 Emissions Over Time

2021202220230150 k300 k450 k600 ktCO2e+35%-11%
  • Total Scope 3
  • Year-over-Year Change

What are Ermenegildo Zegna's Scope 3 emissions?

In 2023, Ermenegildo Zegna reported total Scope 3 emissions of 521,232 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 98.74% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.26% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Ermenegildo Zegna reduced its Scope 3 emissions over time?

Since 2021, Ermenegildo Zegna's Scope 3 emissions have increased by 19.79%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Ermenegildo Zegna's Scope 3 emissions decreased by 11.45%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Ermenegildo Zegna disclose?

In 2023, Ermenegildo Zegna reported emissions for 15 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 Ermenegildo Zegna's Scope 3 emissions?

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

  • Purchased Goods and Services (Cat. 1): 464,292 tCOâ‚‚e (89.08%)
  • Upstream Transportation and Distribution (Cat. 4): 14,894 tCOâ‚‚e (2.86%)
  • Capital Goods (Cat. 2): 10,810 tCOâ‚‚e (2.07%)

Ermenegildo Zegna's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(89.1%)Capital Goods(Cat. 2)(2.1%)UpstreamTransportation andDistribution(Cat. 4)(2.9%)

Insights into Ermenegildo Zegna's Total Carbon Footprint

In 2023, Ermenegildo Zegna reported a total carbon footprint of 549,611 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.93% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Ermenegildo Zegna's total carbon footprint was Scope 3 emissions, accounting for 94.84% of the company's total carbon footprint, followed by Scope 2 emissions at 3.69%.