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Global Fashion Group SA

Common Name
Global Fashion Group
Country
Luxembourg
Sector
Consumer Cyclical
Industry
Apparel Retail
Employees
3,523
Ticker
GFG
Exchange
XETRA
Description
Global Fashion Group S.A. is a global leader in online fashion and lifestyle retailing, operating across multiple regions including the Asia Pacific, Latin America, the Middle East, and North Africa. ...

Global Fashion Group's GHG Emissions Data Preview

In 2024, Global Fashion Group 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).

Global Fashion Group has also provided a category-level breakdown for 10 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Global Fashion Group’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. Explore Global Fashion Group’s data sources below and access millions more through our Disclosure Search.

a. Global Fashion Group's Sustainability Report 2024
a. Global Fashion Group's Sustainability Report 2024

Insights into Global Fashion Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofGlobal Fashion Group amounted to4,344metric 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 Global Fashion Groupdecreased by 17.43%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Global Fashion Group's Scope 1 Emissions Over Time

201920202021202220232024055110165220tCO2e-47%+23%+85%+30%0%
  • Total Scope 1
  • Year-over-Year Change

What are Global Fashion Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Global Fashion Group were 217 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Global Fashion Group reduced its Scope 1 emissions over time?

Since 2019, Global Fashion Group's Scope 1 emissions have increased by 55%, reflecting a rising long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), Global Fashion Group's Scope 1 emissions remained relatively stable, indicating that Global Fashion Group's emissions have plateaued with no significant change in its operational footprint.a

What are Global Fashion Group's Scope 2 emissions?

In 2024, Global Fashion Group reported Scope 2 greenhouse gas (GHG) emissions of 2,678 tCOâ‚‚e using the market-based method and 4,127 tCOâ‚‚e using the location-based method.a

Has Global Fashion Group reduced its Scope 2 emissions over time?

Since 2019, Global Fashion Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have remained relatively stable, indicating that Global Fashion Group's emissions have plateaued with no significant change in its energy consumption footprint.a

Compared to the previous year(2023), Global Fashion Group's Scope 2 emissions(Location-Based) fell by 18.16% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a

What methodology does Global Fashion Group use for Scope 2 reporting?

In 2024, Global Fashion Group reported its Scope 2 emissions using the market-based method and using the location-based method.a

Global Fashion Group's Scope 2 Emissions Over Time

20192020202120222023202401.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Global Fashion Group's Value Chain Emissions

In 2024, Global Fashion Group reported 257,454 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 Global Fashion Group includes a breakdown across 10of 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

Global Fashion Group's Scope 3 Emissions Over Time

2019202020212022202320240150 k300 k450 k600 ktCO2e+20%+6%-19%-34%-13%
  • Total Scope 3
  • Year-over-Year Change

What are Global Fashion Group's Scope 3 emissions?

In 2024, Global Fashion Group reported total Scope 3 emissions of 257,454 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 78.72%of these emissions originated from upstream activities such as purchased goods and capital goods, while 21.28%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Global Fashion Group reduced its Scope 3 emissions over time?

Since 2019, Global Fashion Group's Scope 3 emissionshave decreased by 40.34%, reflecting a declining long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Global Fashion Group's Scope 3 emissions decreased by 12.76%, highlighting the company's efforts to lower indirect emissions from its value chain.a

What categories of Scope 3 emissions does Global Fashion Group disclose?

In 2024, Global Fashion Group reported emissions for 10 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 Global Fashion Group's Scope 3 emissions?

In 2024, the largest contributors to Global Fashion Group's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 179,622 tCOâ‚‚e(69.77%)
  • Use of Sold Products (Cat. 11): 38,927 tCOâ‚‚e(15.12%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 15,870 tCOâ‚‚e(6.16%)

Global Fashion Group's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(69.8%)End-of-LifeTreatment of SoldProducts (Cat. 12)(6.2%)Use of Sold Products(Cat. 11)(15.1%)

Insights into Global Fashion Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Global Fashion Group reported Scope 1 greenhouse gas (GHG) emissions of 217 tCOâ‚‚e and total revenues of USD 774 millions. This translates into an emissions intensity of 0.28 tCOâ‚‚e per millions USD.a

Global Fashion Group's Scope 1 Emissions Intensity Compared to Peers

505002,00020,000200,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)ASGuess?Year: 2024Scope 1: 1,056 tCO2eRevenue: $M 2,995Scope 1 Intensity: 0.35 tCO2e/$MAAABC-MartYear: 2023Scope 1: 122 tCO2eRevenue: $M 2,129Scope 1 Intensity: 0.06 tCO2e/$MAbercrombie & FitchYear: 2023Scope 1: 8,275 tCO2eRevenue: $M 4,281Scope 1 Intensity: 1.93 tCO2e/$MAldar PropertiesYear: 2024Scope 1: 73,697 tCO2eRevenue: $M 6,261Scope 1 Intensity: 11.77 tCO2e/$MFoot LockerYear: 2023Scope 1: 7,186 tCO2eRevenue: $M 8,168Scope 1 Intensity: 0.88 tCO2e/$MXtep International HoldingsYear: 2024Scope 1: 355 tCO2eRevenue: $M 2,031Scope 1 Intensity: 0.17 tCO2e/$MSSShimamuraYear: 2025Scope 1: 764 tCO2eRevenue: $M 4,444Scope 1 Intensity: 0.17 tCO2e/$MWorkmanYear: 2024Scope 1: 523 tCO2eRevenue: $M 876Scope 1 Intensity: 0.60 tCO2e/$MMetro BrandsYear: 2025Scope 1: 346 tCO2eRevenue: $M 293Scope 1 Intensity: 1.18 tCO2e/$MLululemon AthleticaYear: 2024Scope 1: 4,070 tCO2eRevenue: $M 10,588Scope 1 Intensity: 0.38 tCO2e/$MGapYear: 2024Scope 1: 36,164 tCO2eRevenue: $M 15,086Scope 1 Intensity: 2.40 tCO2e/$MFast RetailingYear: 2024Scope 1: 8,760 tCO2eRevenue: $M 21,423Scope 1 Intensity: 0.41 tCO2e/$MJD Sports FashionYear: 2024Scope 1: 7,746 tCO2eRevenue: $M 14,236Scope 1 Intensity: 0.54 tCO2e/$MMavi Giyim Sanayi ve TicaretYear: 2024Scope 1: 1,709 tCO2eRevenue: $M 1,074Scope 1 Intensity: 1.59 tCO2e/$MMr Price GroupYear: 2025Scope 1: 2,809 tCO2eRevenue: $M 2,170Scope 1 Intensity: 1.29 tCO2e/$MIndustria de Diseno TextilYear: 2024Scope 1: 59,572 tCO2eRevenue: $M 40,167Scope 1 Intensity: 1.48 tCO2e/$MAritziaYear: 2023Scope 1: 2,660 tCO2eRevenue: $M 1,611Scope 1 Intensity: 1.65 tCO2e/$MTrentYear: 2025Scope 1: 7,023 tCO2eRevenue: $M 1,975Scope 1 Intensity: 3.56 tCO2e/$MCaleresYear: 2024Scope 1: 5,530 tCO2eRevenue: $M 2,723Scope 1 Intensity: 2.03 tCO2e/$MCarter'sYear: 2024Scope 1: 7,153 tCO2eRevenue: $M 2,844Scope 1 Intensity: 2.51 tCO2e/$MTopsports International HoldingsYear: 2025Scope 1: 237 tCO2eRevenue: $M 4,055Scope 1 Intensity: 0.06 tCO2e/$MRoss StoresYear: 2024Scope 1: 37,786 tCO2eRevenue: $M 21,130Scope 1 Intensity: 1.79 tCO2e/$MGlobal Fashion GroupYear: 2024Scope 1: 217 tCO2eRevenue: $M 774Scope 1 Intensity: 0.28 tCO2e/$M

How does Global Fashion Group's GHG emissions intensity compare to its peers?

In 2024, Global Fashion Group reported a Scope 1 emissions intensity of 0.28 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.24, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Global Fashion Group rank on GHG emissions intensity within its industry?

In 2024, Global Fashion Group ranked 5 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Global Fashion Group among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Global Fashion Group's Total Carbon Footprint

In 2024, Global Fashion Group reported a total carbon footprint of 261,798 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 12.85% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Global Fashion Group's total carbon footprint was Scope 3 emissions, accounting for 98.34% of the company's total carbon footprint, followed by Scope 2 emissions at 1.58%.a

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