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.
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.
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.
Chanel's score of 38 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, Chanel reported total greenhouse gas emissions of approximately 1,235,661,000 kg CO2e. This figure includes 24,365,000 kg CO2e from Scope 1 emissions, 25,211,000 kg CO2e from Scope 2 emissions, and a significant 1,023,284,000 kg CO2e from Scope 3 emissions, which encompasses the majority of their carbon footprint. Chanel has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2040. To achieve this, the company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 50% and Scope 3 emissions by 42% by 2030, using 2021 as the baseline year. Additionally, Chanel is committed to reducing Scope 3 emissions related to deforestation-linked commodities by 30.3% by 2030, with a target of no deforestation by 2025. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2040, again based on the 2021 levels. These targets align with industry standards for climate action and reflect Chanel's commitment to sustainability within the textiles, apparel, footwear, and luxury goods sector.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 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.