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 46 is higher than 93% 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. The majority of these emissions, about 1,023,284,000 kg CO2e, fall under Scope 3, which includes emissions from the supply chain and product use. The company also reported Scope 1 and 2 emissions of approximately 24,365,000 kg CO2e. Chanel has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across its entire value chain by 2040. Near-term targets include a 50% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2021 baseline, and a 42% reduction in absolute Scope 3 emissions within the same timeframe. Additionally, Chanel is committed to reducing Scope 3 emissions related to deforestation-linked commodities by 30.3% by 2030, with a no-deforestation target set for 2025. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions by 2040, as well as a 90% reduction in Scope 3 emissions. These targets align with the Paris Agreement's ambitions to limit global temperature rise. Chanel's commitment to sustainability reflects its recognition of the urgent need for climate action within the luxury goods sector.
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| 2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | 00,000,000 | - | - | - |
| Scope 2 | - | - | 00,000,000 | 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.
