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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 GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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0000000
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind On Holding’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 On Holding’s data sources below and access millions more through our Disclosure Search.

a. On Holding's Impact Report 2024
a. On Holding's Impact Report 2024
b. On Holding's Impact Report 2023
b. On Holding's Impact Report 2023

Insights into On Holding's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofOn Holding amounted to2,571metric 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 Holdingincreased by 207.17%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

On Holding's Scope 1 Emissions Over Time

2023202403006009001.2 ktCO2e+216%
  • Total Scope 1
  • Year-over-Year Change

What are On Holding's Scope 1 emissions?

In 2024, the total Scope 1 emissions of On Holding were 1,071 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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

What are On Holding's Scope 2 emissions?

In 2024, On Holding reported Scope 2 greenhouse gas (GHG) emissions of 103 tCOâ‚‚e using the market-based method and 1,500 tCOâ‚‚e using the location-based method.a

What methodology does On Holding use for Scope 2 reporting?

In 2024, On Holding reported its Scope 2 emissions using the market-based method and using the location-based method.a

On Holding's Scope 2 Emissions Over Time

2023202404008001.2 k1.6 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into On Holding's Value Chain Emissions

In 2024, On Holding reported 434,944 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 On Holding includes a breakdown across 11of 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

On Holding's Scope 3 Emissions Over Time

202320240150 k300 k450 k600 ktCO2e+38%
  • Total Scope 3
  • Year-over-Year Change

What are On Holding's Scope 3 emissions?

In 2024, On Holding reported total Scope 3 emissions of 434,944 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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

What categories of Scope 3 emissions does On Holding disclose?

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.

What are the main sources of On Holding's Scope 3 emissions?

In 2024, the largest contributors to On Holding's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 324,283 tCOâ‚‚e(74.56%)
  • Upstream Transportation and Distribution (Cat. 4): 40,026 tCOâ‚‚e(9.2%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 40,012 tCOâ‚‚e(9.2%)

On Holding's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(74.6%)End-of-LifeTreatment of SoldProducts (Cat. 12)(9.2%)UpstreamTransportation andDistribution(Cat. 4)(9.2%)

Insights into On Holding’s GHG Emissions Intensity Compared to Industry Peers

In 2024, On Holding reported Scope 1 greenhouse gas (GHG) emissions of 1,071 tCOâ‚‚e and total revenues of USD 3,175 millions. This translates into an emissions intensity of 0.34 tCOâ‚‚e per millions USD.a

On Holding's Scope 1 Emissions Intensity Compared to Peers

2002,00020,000200,0002,000,000Scope 1 Emissions (tCO2e)202002,00020,000200,000Revenues (Millions of USD)LSDHGPumaYear: 2024Scope 1: 5,950 tCO2eRevenue: $M 9,175Scope 1 Intensity: 0.65 tCO2e/$MLLLAI YIH FootwareYear: 2024Scope 1: 13,069 tCO2eRevenue: $M 1,150Scope 1 Intensity: 11.36 tCO2e/$MSanofiYear: 2024Scope 1: 298,485 tCO2eRevenue: $M 46,085Scope 1 Intensity: 6.48 tCO2e/$MYue YuenYear: 2024Scope 1: 71,000 tCO2eRevenue: $M 64,033Scope 1 Intensity: 1.11 tCO2e/$MGuess?Year: 2024Scope 1: 1,056 tCO2eRevenue: $M 2,995Scope 1 Intensity: 0.35 tCO2e/$MCitizen WatchYear: 2024Scope 1: 16,517 tCO2eRevenue: $M 2,066Scope 1 Intensity: 8.00 tCO2e/$MAdidasYear: 2024Scope 1: 20,844 tCO2eRevenue: $M 24,644Scope 1 Intensity: 0.85 tCO2e/$MSamsonite GroupYear: 2024Scope 1: 2,659 tCO2eRevenue: $M 28,049Scope 1 Intensity: 0.09 tCO2e/$MCalida HoldingYear: 2024Scope 1: 1,090 tCO2eRevenue: $M 255Scope 1 Intensity: 4.27 tCO2e/$MSteven MaddenYear: 2024Scope 1: 1,272 tCO2eRevenue: $M 2,283Scope 1 Intensity: 0.56 tCO2e/$MFeng Tay EnterprisesYear: 2024Scope 1: 19,400 tCO2eRevenue: $M 2,671Scope 1 Intensity: 7.26 tCO2e/$MMobilezone HoldingYear: 2024Scope 1: 543 tCO2eRevenue: $M 1,110Scope 1 Intensity: 0.49 tCO2e/$MNikeYear: 2024Scope 1: 57,390 tCO2eRevenue: $M 51,360Scope 1 Intensity: 1.12 tCO2e/$MDr MartensYear: 2025Scope 1: 750 tCO2eRevenue: $M 1,019Scope 1 Intensity: 0.74 tCO2e/$MSSStar Shine Holdings GroupYear: 2024Scope 1: 27,023 tCO2eRevenue: $M 87Scope 1 Intensity: 309.93 tCO2e/$MVetropack HoldingYear: 2024Scope 1: 528,721 tCO2eRevenue: $M 930Scope 1 Intensity: 568.55 tCO2e/$MDDDelta Plus GroupYear: 2023Scope 1: 653 tCO2eRevenue: $M 465Scope 1 Intensity: 1.40 tCO2e/$MHHHuali Industrial GroupYear: 2024Scope 1: 30,049 tCO2eRevenue: $M 3,289Scope 1 Intensity: 9.14 tCO2e/$MCrocsYear: 2024Scope 1: 4,098 tCO2eRevenue: $M 4,102Scope 1 Intensity: 1.00 tCO2e/$MPou ChenYear: 2024Scope 1: 71,035 tCO2eRevenue: $M 8,053Scope 1 Intensity: 8.82 tCO2e/$MGGGolden SolarYear: 2023Scope 1: 1,823 tCO2eRevenue: $M 45Scope 1 Intensity: 40.18 tCO2e/$M361 Degrees InternationalYear: 2024Scope 1: 7,476 tCO2eRevenue: $M 1,510Scope 1 Intensity: 4.95 tCO2e/$MGrendeneYear: 2023Scope 1: 2,399 tCO2eRevenue: $M 461Scope 1 Intensity: 5.21 tCO2e/$MAsicsYear: 2024Scope 1: 3,262 tCO2eRevenue: $M 4,322Scope 1 Intensity: 0.75 tCO2e/$MRelaxo FootwearsYear: 2024Scope 1: 11,625 tCO2eRevenue: $M 347Scope 1 Intensity: 33.50 tCO2e/$MOn HoldingYear: 2024Scope 1: 1,071 tCO2eRevenue: $M 3,175Scope 1 Intensity: 0.34 tCO2e/$M

How does On Holding's GHG emissions intensity compare to its peers?

In 2024, On Holding reported a Scope 1 emissions intensity of 0.34 tCOâ‚‚e per millions USD. Compared to the peer group median of 4.27, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does On Holding rank on GHG emissions intensity within its industry?

In 2024, On Holding ranked 2 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places On Holding among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into On Holding's Total Carbon Footprint

In 2024, On Holding reported a total carbon footprint of 437,515 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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

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