Capri Holdings
Capri Holdings Limited, commonly known as Capri Holdings, is a prominent global fashion luxury group headquartered in the United States. Founded in 1981, the company has established itself as a leader in the luxury fashion industry, primarily operating in North America, Europe, and Asia. Capri Holdings encompasses renowned brands such as Michael Kors, Versace, and Jimmy Choo, each offering distinctive products that blend innovative design with high-quality craftsmanship. The company has achieved significant milestones, including its successful acquisition of Versace in 2018, which bolstered its market position. Capri Holdings is celebrated for its diverse portfolio, providing a wide range of luxury apparel, accessories, and footwear. With a commitment to sustainability and creativity, Capri Holdings continues to set trends and redefine luxury in the ever-evolving fashion landscape.
DitchCarbon Score
How does Capri Holdings'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 Business 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
Capri Holdings's score of 60 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Capri Holdings's reported carbon emissions
In 2023, Capri Holdings reported total carbon emissions of approximately 1,218,632,000 kg CO2e. This figure includes Scope 1 emissions of about 13,593,000 kg CO2e, Scope 2 emissions of approximately 21,348,000 kg CO2e, and significant Scope 3 emissions, primarily from purchased goods and services, which accounted for about 918,383,000 kg CO2e. Over the years, Capri Holdings has made notable progress in reducing its carbon footprint. From 2019 to 2022, the company decreased its Scope 1 and 2 emissions from approximately 42,064,000 kg CO2e in 2019 to about 25,962,000 kg CO2e in 2022. This represents a significant reduction in direct and indirect emissions associated with its operations. Capri Holdings has committed to ambitious climate targets, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by FY2030, using FY2019 as the baseline. Additionally, the company plans to achieve a 50% reduction in Scope 3 emissions from purchased goods and services over the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and reflect the company's commitment to long-term sustainability and climate action. Overall, Capri Holdings is actively working towards a more sustainable future, with a clear focus on reducing its carbon emissions across all scopes.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 42,064,000 | 00,000,000 | 00,000,000 | 00,000,000 | - | 00,000,000 |
| Scope 2 | 37,343,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 2,376,692,000 | 0,000,000,000 | 0,000,000,000 | 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.
Capri Holdings 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.
