Signet Jewelers Ltd
Signet Jewelers's GHG Emissions Data Preview
In 2023, Signet Jewelers 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).
Signet Jewelers has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Signet Jewelers's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Signet Jewelers amounted to 53,655 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Signet Jewelers decreased by 3.17%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Signet Jewelers's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Signet Jewelers's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Signet Jewelers were 6,675 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Signet Jewelers reduced its Scope 1 emissions over time?
Since 2019, Signet Jewelers's Scope 1 emissions have increased by 34.12%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Signet Jewelers's Scope 1 emissions decreased by 26.23%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Signet Jewelers's Scope 2 emissions?
In 2023, Signet Jewelers reported Scope 2 greenhouse gas (GHG) emissions of 49,210 tCOâ‚‚e using the market-based method and 46,980 tCOâ‚‚e using the location-based method.
Has Signet Jewelers reduced its Scope 2 emissions over time?
Since 2019, Signet Jewelers's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 26.41%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Signet Jewelers's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Signet Jewelers 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Signet Jewelers use for Scope 2 reporting?
In 2023, Signet Jewelers reported its Scope 2 emissions using the market-based method and using the location-based method.
Signet Jewelers's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Signet Jewelers's Value Chain Emissions
In 2023, Signet Jewelers reported 19,336 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Signet Jewelers includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Signet Jewelers's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Signet Jewelers's Scope 3 emissions?
In 2023, Signet Jewelers reported total Scope 3 emissions of 19,336 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Signet Jewelers reduced its Scope 3 emissions over time?
Since 2019, Signet Jewelers's Scope 3 emissions have decreased by 48.96%, reflecting a declining long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Signet Jewelers's Scope 3 emissions remained relatively stable, indicating that Signet Jewelers 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Signet Jewelers disclose?
In 2023, Signet Jewelers reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Signet Jewelers's Scope 3 emissions?
In 2023, the largest contributors to Signet Jewelers's Scope 3 emissions were:
- Fuel- and Energy-Related Services (Cat. 3): 16,090 tCOâ‚‚e (83.21%)
- Waste Generated in Operations (Cat. 5): 3,246 tCOâ‚‚e (16.79%)
Signet Jewelers's Scope 3 Emissions by Categories
Insights into Signet Jewelers's Total Carbon Footprint
In 2023, Signet Jewelers reported a total carbon footprint of 72,991 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.58% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Signet Jewelers's total carbon footprint was Scope 2 emissions, accounting for 64.36% of the company's total carbon footprint, followed by Scope 3 emissions at 26.49%.