Public Profile

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.

51

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.

4

Industry Benchmark

Capri Holdings's score of 51 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

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 11,074,000 kg CO2e, and significant Scope 3 emissions, primarily from purchased goods and services, which accounted for about 918,383,000 kg CO2e. Capri Holdings has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 50% by FY2030, using FY2019 as the baseline. Additionally, the company is committed to 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 are designed to support global efforts to limit warming to 1.5°C. The company has demonstrated a progressive reduction in emissions over recent years, with Scope 1 and 2 emissions decreasing from approximately 42,064,000 kg CO2e in 2019 to about 15,885,000 kg CO2e in 2023. This reflects a commitment to sustainability and responsible environmental stewardship within the textiles, apparel, footwear, and luxury goods sector.

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201920202021202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Capri Holdings's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Capri Holdings is headquartered in US, which has a rank of low, indicating low grid carbon 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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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