In 2024, Xxl 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).
Xxl has also provided a category-level breakdown for 9 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 | 54.14a | N/A | N/A | |
Total Scope 2 | ||||
Market-Based | 12,053a | N/A | N/A | |
Location-Based | 687.6a | N/A | N/A | |
Total Scope 3 | 154,723.19a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.0855a | N/A | N/A |
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In 2024, the total operational greenhouse gas (GHG) emissions of Xxl amounted to 741.74 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 2021, the total operational greenhouse gas (GHG) emissions of Xxl decreased by 54.77%, 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 Xxl were 54.14 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2021), Xxl's Scope 1 emissions decreased by 84.88%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Xxl reported Scope 2 greenhouse gas (GHG) emissions of 12,053 tCO₂e using the market-based method and 687.6 tCO₂e using the location-based method.a
Compared to the previous year (2021), Xxl's Scope 2 emissions (Location-Based) fell by 46.37% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Xxl reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Xxl reported 154,723.19 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 Xxl includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2021, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Xxl reported total Scope 3 emissions of 154,723.19 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.83% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.17% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2021), Xxl's Scope 3 emissions decreased by 52.51%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, Xxl reported emissions for 9 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.
In 2024, the largest contributors to Xxl's Scope 3 emissions were:a
In 2024, Xxl reported Scope 1 greenhouse gas (GHG) emissions of 54.14 tCO₂e and total revenues of USD 633 millions. This translates into an emissions intensity of 0.09 tCO₂e per millions USD.a
In 2024, Xxl reported a Scope 1 emissions intensity of 0.09 tCO₂e per millions USD. Compared to the peer group median of 2.52, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Xxl ranked 2 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Xxl among the top performers, with one of the lowest emissions intensities relative to peers.a
In 2024, Xxl reported a total carbon footprint of 155,464.93 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 52.52% decrease compared to 2021, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Xxl's total carbon footprint was Scope 3 emissions, accounting for 99.52% of the company's total carbon footprint, followed by Scope 2 emissions at 0.44%.a