In 2024, On Holding 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).
On Holding has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 |
|---|---|---|
Total Scope 1 | 1,071a | 339b |
Total Scope 2 | ||
Market-Based | 103a | 498b |
Location-Based | 1,500a | N/A |
Total Scope 3 | 434,944a | 314,752b |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.4183a | 0.1591b |
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In 2024, the total operational greenhouse gas (GHG) emissions of On Holding amounted to 2,571 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 On Holding increased by 207.17%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of On Holding were 1,071 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), On Holding's Scope 1 emissions increased by 215.93%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, On Holding reported Scope 2 greenhouse gas (GHG) emissions of 103 tCO₂e using the market-based method and 1,500 tCO₂e using the location-based method.a
In 2024, On Holding reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, On Holding reported 434,944 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 On Holding includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 10 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, On Holding reported total Scope 3 emissions of 434,944 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 89.09% of these emissions originated from upstream activities such as purchased goods and capital goods, while 10.91% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), On Holding's Scope 3 emissions increased by 38.19%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
In 2024, On Holding reported emissions for 11 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 On Holding's Scope 3 emissions were:a
In 2024, On Holding reported Scope 1 greenhouse gas (GHG) emissions of 1,071 tCO₂e and total revenues of USD 2,560 millions. This translates into an emissions intensity of 0.42 tCO₂e per millions USD.a
In 2024, On Holding reported a Scope 1 emissions intensity of 0.42 tCO₂e per millions USD. Compared to the peer group median of 5.42, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, On Holding ranked 2 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places On Holding among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, On Holding reported a total carbon footprint of 437,515 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 38.63% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to On Holding's total carbon footprint was Scope 3 emissions, accounting for 99.41% of the company's total carbon footprint, followed by Scope 2 emissions at 0.34%.a