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) | 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 of Global Fashion Group amounted to 4,344 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 Global Fashion Group decreased by 17.43%, 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 Global Fashion Group were 217 metric tons of CO₂ equivalent (tCO₂e). a
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
In 2024, Global Fashion Group reported Scope 2 greenhouse gas (GHG) emissions of 2,678 tCO₂e using the market-based method and 4,127 tCO₂e using the location-based method. a
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
In 2024, Global Fashion Group reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Global Fashion Group reported 257,454 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 Global Fashion Group includes a breakdown across 10 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
In 2024, Global Fashion Group reported total Scope 3 emissions of 257,454 metric tons of CO₂ equivalent (tCO₂e). 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
Since 2019, Global Fashion Group's Scope 3 emissions have 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
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.
In 2024, the largest contributors to Global Fashion Group's Scope 3 emissions were: a
In 2024, Global Fashion Group reported Scope 1 greenhouse gas (GHG) emissions of 217 tCO₂e and total revenues of USD 774 millions. This translates into an emissions intensity of 0.28 tCO₂e per millions USD. a
In 2024, Global Fashion Group reported a Scope 1 emissions intensity of 0.28 tCO₂e per millions USD. Compared to the peer group median of 1.34 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, Global Fashion Group ranked 3 out of 20 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Global Fashion Group among the top performers, with one of the lowest emissions intensities relative to peers. a
In 2024, Global Fashion Group reported a total carbon footprint of 261,798 metric tons of CO₂ equivalent (tCO₂e) 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