Chanel
Chanel, officially known as Chanel S.A., is a prestigious French luxury fashion house headquartered in London, GB. Founded in 1910 by the iconic designer Coco Chanel, the brand has become synonymous with elegance and innovation in the fashion industry. Chanel operates primarily in the luxury goods sector, focusing on haute couture, ready-to-wear apparel, accessories, and fragrances. Renowned for its timeless products, such as the classic Chanel No. 5 perfume and the iconic Chanel 2.55 handbag, the brand stands out for its commitment to quality and craftsmanship. With a strong market position, Chanel has achieved notable milestones, including the introduction of the first luxury ready-to-wear collection in the 1980s. Today, Chanel continues to influence global fashion trends while maintaining its legacy of sophistication and style.
DitchCarbon Score
How does Chanel'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.
Industry Average
Mean score of companies in the Retail Trade Services 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.
Industry Benchmark
Chanel's score of 44 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Chanel's reported carbon emissions
In 2023, Chanel reported total carbon emissions of approximately 1,235,661,000 kg CO2e, with Scope 1 emissions at about 24,365,000 kg CO2e, Scope 2 emissions at approximately 25,211,000 kg CO2e, and a significant Scope 3 total of around 1,023,284,000 kg CO2e. This represents a notable increase from 2022, where total emissions were about 1,256,000,000 kg CO2e. Chanel has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across its entire value chain by 2040. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 50% by 2030 from a 2021 baseline, and to cut Scope 3 emissions by 42% within the same timeframe. Additionally, Chanel is committed to reducing absolute Scope 1 and 2 emissions by 90% by 2040. The company also focuses on its supply chain, pledging to reduce absolute Scope 3 emissions related to deforestation-linked commodities by 30.3% by 2030, with a commitment to no deforestation by 2025. These initiatives align with the Paris Agreement's goals to limit global temperature rise and demonstrate Chanel's dedication to sustainability in the luxury goods sector.
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| 2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | 00,000,000 | - | 00,000,000 | 00,000,000 | - | 00,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | - | 00,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Chanel is participating in some of the initiatives that 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.
