In 2024, PVH 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).
PVH 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 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 11,451a | 9,271a | 14,133a | |
Total Scope 2 | ||||
Market-Based | 17,802a | 28,510a | 28,470a | |
Location-Based | 47,240a | 63,885a | 59,972a | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 2,133,800a | 2,259,108a | 2,502,677a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.3234a | 1.0058a | 1.5661a |
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In 2024, the total operational greenhouse gas (GHG) emissions of PVH amounted to 58,691 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 PVH decreased by 19.77%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of PVH were 11,451 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, PVH's Scope 1 emissions have decreased by 66.1%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), PVH's Scope 1 emissions increased by 23.51%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, PVH reported Scope 2 greenhouse gas (GHG) emissions of 17,802 tCO₂e using the market-based method and 47,240 tCO₂e using the location-based method.a
Compared to the previous year (2023), PVH's Scope 2 emissions (Location-Based) fell by 26.05% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, PVH reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, PVH reported 2,133,800 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 PVH includes a breakdown across 11 of 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
In 2024, PVH reported total Scope 3 emissions of 2,133,800 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 85.94% of these emissions originated from upstream activities such as purchased goods and capital goods, while 14.06% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, PVH's Scope 3 emissions have decreased by 17.95%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), PVH's Scope 3 emissions remained relatively stable, indicating that PVH's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, PVH 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 PVH's Scope 3 emissions were:a
In 2024, PVH reported Scope 1 greenhouse gas (GHG) emissions of 11,451 tCO₂e and total revenues of USD 8,653 millions. This translates into an emissions intensity of 1.32 tCO₂e per millions USD.a
In 2024, PVH reported a Scope 1 emissions intensity of 1.32 tCO₂e per millions USD. Compared to the peer group median of 2.81, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, PVH ranked 7 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
PVH is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, PVH reported a total carbon footprint of 2,192,491 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.99% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to PVH's total carbon footprint was Scope 3 emissions, accounting for 97.32% of the company's total carbon footprint, followed by Scope 2 emissions at 2.15%.a