Global Fashion Group (GFG), headquartered in Singapore, is a leading online fashion retailer that operates across multiple regions, including Europe, Latin America, and Asia. Founded in 2014, GFG has rapidly established itself as a key player in the e-commerce fashion industry, focusing on providing a diverse range of apparel, footwear, and accessories. The company is renowned for its unique approach to fashion retail, combining local insights with global trends to cater to a wide audience. GFG's core offerings include a variety of well-known brands and exclusive collections, setting it apart in a competitive market. With a strong commitment to sustainability and innovation, Global Fashion Group has achieved significant milestones, positioning itself as a trusted name in online fashion shopping.
How does Global Fashion's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Apparel Production industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Global Fashion's score of 40 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Global Fashion Group (GFG) reported total carbon emissions of approximately 294,501,000 kg CO2e. This figure includes 218,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 2,857,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The majority of their emissions, about 291,426,000 kg CO2e, fall under Scope 3, which includes emissions from the entire value chain, such as purchased goods and services, transportation, and product use. GFG has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by 2030, using 2019 as the base year. Additionally, they plan to achieve a 90% reduction in Scope 3 emissions from purchased goods and services, as well as upstream and downstream transportation and distribution, which translates to an approximate 29% absolute reduction in these categories within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. GFG's commitment reflects a proactive approach to addressing climate change within the fashion industry, focusing on significant reductions across all scopes of emissions.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Scope 1 | 154,000 | 00,000 | 00,000 | 000,000 | 000,000 |
Scope 2 | 6,091,000 | 0,000,000 | 000,000 | - | 0,000,000 |
Scope 3 | 578,288,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Global Fashion is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.