On Holding AG

Common Name
On Holding
Country
Switzerland
Sector
Consumer Cyclical
Industry
Footwear & Accessories
Employees
3,254
Ticker
ONON
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
On Holding AG is a global sporting goods company specializing in the design, development, and distribution of premium athletic footwear, apparel, and accessories. Founded in Switzerland in 2010 by Oli...

On Holding's Climate Target Data Preview

As of 2023, On Holding has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into On Holding ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Business Travel (Cat. 6)
Metric Tonnes of CO2 equivalent (mtCO2e) per Swiss Franc (CHF) of Gross Profit
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a
2030
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Verified Sources Behind On Holding’s Climate Targets Data

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a. On Holding's Impact Report 2023
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Insights into On Holding's Greenhouse Gas Emissions Pathways

As of 2023, On Holding has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does On Holding have a target to reduce the emissions from its value chain?

As of 2023, On Holding has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a

On Holding's most ambitious value chain target is to reduce these emissions by 55% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Swiss Franc (CHF) of Gross Profit in 2019. a

As of 2023, On Holding is ahead of schedule on its value chain emissions reduction target, having achieved 83.55% of the planned reduction. a

On Holding's Value Chain (Scope 3) Emissions Pathway

20192023203000000BaselineCurrent (-46%)
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