OVS SpA

Common Name
OVS
Country
Italy
Sector
Consumer Cyclical
Industry
Apparel Manufacturing
Employees
6,085
Ticker
OVS
Exchange
EURONEXT MILAN
Description
Ovs S.p.A. is a prominent Italian company specializing in the retail fashion industry. As a key player in the market, Ovs S.p.A. focuses on offering affordable and trendy apparel for men, women, and c...

OVS's Climate Target Data Preview

As of 2024, OVS has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets 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 OVS ’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
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Intensity-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Revenue
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a
2026
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries

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Verified Sources Behind OVS’s Climate Targets Data

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Insights into OVS's Greenhouse Gas Emissions Pathways

As of 2024, OVS 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 OVS have a target to reduce the emissions from its operations?

As of 2024, OVS has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

OVS's most ambitious operational target is to reduce these emissions by 46.2% by 2030, compared to a baseline of 13,042 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2024, OVS is ahead of schedule on its operational emissions reduction target, having achieved 70.69% of the planned reduction. a

OVS's Operational (Scope 1+2) Emissions Pathway

20192024203003.5 k7 k10.5 k14 kBaselineCurrent (-33%)Target 2030 (-46%)

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

As of 2024, OVS has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a

OVS's most ambitious value chain target is to reduce these emissions by 46.2% by 2030, compared to a baseline of 320,822 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2024, OVS is on track to meet its value chain emissions reduction target, having achieved 48.48% of the planned reduction. a

OVS's Value Chain (Scope 3) Emissions Pathway

201920242030085 k170 k255 k340 kBaselineCurrent (-22%)Target 2030 (-46%)
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