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Planet Fitness Inc

Common Name
Planet Fitness
Country
United States
Sector
Consumer Cyclical
Industry
Leisure
Employees
4,173
Ticker
PLNT
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Planet Fitness Inc. is a leading operator and franchisor of fitness centers primarily catering to the casual fitness enthusiast. Known for its 'Judgment Free Zone' philosophy, the company aims to crea...

Planet Fitness's GHG Emissions Data Preview

In 2024, Planet Fitness 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).

Planet Fitness has also provided a category-level breakdown for 7 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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a
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0000000
Total Scope 2
Market-Based
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a
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a
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a
0000000
Location-Based
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a
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a
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a
0000000
Total Scope 3
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a
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=PLNT&reporting_period=2024"

Verified Sources Behind Planet Fitness’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 Planet Fitness’s data sources below and access millions more through our Disclosure Search.

a. Planet Fitness's ESG Report 2024
a. Planet Fitness's ESG Report 2024
b. Planet Fitness's ESG Report 2023
b. Planet Fitness's ESG Report 2023

Insights into Planet Fitness's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofPlanet Fitness amounted to37,762metric 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 Planet Fitnessincreased by 6.86%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Planet Fitness's Scope 1 Emissions Over Time

20192020202120222023202401.5 k3 k4.5 k6 ktCO2e-23%+71%+22%-14%+8%
  • Total Scope 1
  • Year-over-Year Change

What are Planet Fitness's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Planet Fitness were 4,868 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Planet Fitness reduced its Scope 1 emissions over time?

Since 2019, Planet Fitness's Scope 1 emissions have increased by 48.91%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Planet Fitness's Scope 1 emissions increased by 8.03%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Planet Fitness's Scope 2 emissions?

In 2024, Planet Fitness reported Scope 2 greenhouse gas (GHG) emissions of 32,549 tCOâ‚‚e using the market-based method and 32,894 tCOâ‚‚e using the location-based method.a

Has Planet Fitness reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Planet Fitness's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Planet Fitness's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Planet Fitness use for Scope 2 reporting?

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

Planet Fitness's Scope 2 Emissions Over Time

20192020202120222023202408.5 k17 k25.5 k34 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Planet Fitness's Value Chain Emissions

In 2024, Planet Fitness reported 470,366 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 Planet Fitness includes a breakdown across 7of 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

Planet Fitness's Scope 3 Emissions Over Time

202320240150 k300 k450 k600 ktCO2e+11%
  • Total Scope 3
  • Year-over-Year Change

What are Planet Fitness's Scope 3 emissions?

In 2024, Planet Fitness reported total Scope 3 emissions of 470,366 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 14.11%of these emissions originated from upstream activities such as purchased goods and capital goods, while 85.89%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Planet Fitness's Scope 3 emissions increased by 10.74%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Planet Fitness disclose?

In 2024, Planet Fitness reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Planet Fitness's Scope 3 emissions?

In 2024, the largest contributors to Planet Fitness's Scope 3 emissions were:a

  • Franchises (Cat. 14): 404,002 tCOâ‚‚e(85.89%)
  • Capital Goods (Cat. 2): 21,719 tCOâ‚‚e(4.62%)
  • Purchased Goods and Services (Cat. 1): 21,276 tCOâ‚‚e(4.52%)

Planet Fitness's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(4.5%)Capital Goods(Cat. 2)(4.6%)Franchises (Cat. 14)(85.9%)

Insights into Planet Fitness’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Planet Fitness reported Scope 1 greenhouse gas (GHG) emissions of 4,868 tCOâ‚‚e and total revenues of USD 1,182 millions. This translates into an emissions intensity of 4.12 tCOâ‚‚e per millions USD.a

Planet Fitness's Scope 1 Emissions Intensity Compared to Peers

1001,00010,000100,0002,000,000Scope 1 Emissions (tCO2e)2001,0002,0005,00020,000Revenues (Millions of USD)TPSLLife Time Group HoldingsYear: 2024Scope 1: 111,126 tCO2eRevenue: $M 2,621Scope 1 Intensity: 42.40 tCO2e/$MMattelYear: 2023Scope 1: 13,574 tCO2eRevenue: $M 5,441Scope 1 Intensity: 2.49 tCO2e/$MYeti HoldingsYear: 2024Scope 1: 289 tCO2eRevenue: $M 1,830Scope 1 Intensity: 0.16 tCO2e/$MTTTopgolf Callaway BrandsYear: 2024Scope 1: 166,091 tCO2eRevenue: $M 4,239Scope 1 Intensity: 39.18 tCO2e/$MHyatt HotelsYear: 2024Scope 1: 447,184 tCO2eRevenue: $M 6,648Scope 1 Intensity: 67.27 tCO2e/$MPeloton InteractiveYear: 2024Scope 1: 5,835 tCO2eRevenue: $M 2,700Scope 1 Intensity: 2.16 tCO2e/$MKontoor BrandsYear: 2024Scope 1: 17,000 tCO2eRevenue: $M 2,608Scope 1 Intensity: 6.52 tCO2e/$MWinnebago IndustriesYear: 2023Scope 1: 21,008 tCO2eRevenue: $M 3,491Scope 1 Intensity: 6.02 tCO2e/$MDorman ProductsYear: 2024Scope 1: 15,593 tCO2eRevenue: $M 2,009Scope 1 Intensity: 7.76 tCO2e/$MGentexYear: 2024Scope 1: 10,941 tCO2eRevenue: $M 2,313Scope 1 Intensity: 4.73 tCO2e/$MGenthermYear: 2024Scope 1: 1,391 tCO2eRevenue: $M 1,456Scope 1 Intensity: 0.96 tCO2e/$MHanesBrandsYear: 2024Scope 1: 43,248 tCO2eRevenue: $M 3,507Scope 1 Intensity: 12.33 tCO2e/$MPPPhiniaYear: 2024Scope 1: 7,368 tCO2eRevenue: $M 3,403Scope 1 Intensity: 2.17 tCO2e/$MMarriott Vacations WorldwideYear: 2024Scope 1: 68,212 tCO2eRevenue: $M 4,967Scope 1 Intensity: 13.73 tCO2e/$MSteelcaseYear: 2025Scope 1: 32,542 tCO2eRevenue: $M 3,166Scope 1 Intensity: 10.28 tCO2e/$MMasterbrand IncYear: 2024Scope 1: 39,349 tCO2eRevenue: $M 2,700Scope 1 Intensity: 14.57 tCO2e/$MCaleresYear: 2024Scope 1: 5,530 tCO2eRevenue: $M 2,723Scope 1 Intensity: 2.03 tCO2e/$MCarter'sYear: 2024Scope 1: 7,153 tCO2eRevenue: $M 2,844Scope 1 Intensity: 2.51 tCO2e/$MChildren's PlaceYear: 2023Scope 1: 2,864 tCO2eRevenue: $M 1,603Scope 1 Intensity: 1.79 tCO2e/$MHasbroYear: 2024Scope 1: 3,880 tCO2eRevenue: $M 4,136Scope 1 Intensity: 0.94 tCO2e/$MSSSoho House & CoYear: 2024Scope 1: 10,273 tCO2eRevenue: $M 1,204Scope 1 Intensity: 8.53 tCO2e/$MLLLight & WonderYear: 2024Scope 1: 4,345 tCO2eRevenue: $M 3,188Scope 1 Intensity: 1.36 tCO2e/$MGlobal Business Travel GroupYear: 2024Scope 1: 425 tCO2eRevenue: $M 2,423Scope 1 Intensity: 0.18 tCO2e/$MPlanet FitnessYear: 2024Scope 1: 4,868 tCO2eRevenue: $M 1,182Scope 1 Intensity: 4.12 tCO2e/$M

How does Planet Fitness's GHG emissions intensity compare to its peers?

In 2024, Planet Fitness reported a Scope 1 emissions intensity of 4.12 tCOâ‚‚e per millions USD. Compared to the peer group median of 4.73, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Planet Fitness rank on GHG emissions intensity within its industry?

In 2024, Planet Fitness ranked 12 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Planet Fitness is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Planet Fitness's Total Carbon Footprint

In 2024, Planet Fitness reported a total carbon footprint of 508,128 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.44% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Planet Fitness's total carbon footprint was Scope 3 emissions, accounting for 92.57% of the company's total carbon footprint, followed by Scope 2 emissions at 6.47%.a

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