Public Profile

Morellato Group

Morellato Group, headquartered in Italy, is a distinguished leader in the luxury jewellery and watch industry. Founded in 1930, the company has evolved into a prominent player, renowned for its exquisite craftsmanship and innovative designs. With a strong presence in Europe and expanding operations globally, Morellato Group offers a diverse range of products, including fine jewellery, watches, and accessories that blend tradition with contemporary style. The brand is celebrated for its unique approach to materials and design, ensuring each piece resonates with elegance and sophistication. Morellato Group has achieved significant milestones, including collaborations with renowned designers and a commitment to sustainability, solidifying its market position. As a trusted name in luxury, Morellato Group continues to captivate customers with its dedication to quality and artistry.

DitchCarbon Score

How does Morellato Group'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.

20

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.

4

Industry Benchmark

Morellato Group's score of 20 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.

77%

Morellato Group's reported carbon emissions

In 2023, Morellato Group reported total carbon emissions of approximately 5,461,910 kg CO2e, comprising 546,910 kg CO2e from Scope 1 emissions and 5,091,790 kg CO2e from Scope 2 emissions. The Scope 1 emissions included 232,210 kg CO2e from mobile combustion and 313,480 kg CO2e from stationary combustion. The total emissions for 2022 were about 4,221,030 kg CO2e, indicating a significant increase in emissions year-on-year. For 2024, Morellato Group anticipates total emissions to rise to approximately 7,944,180 kg CO2e, with Scope 1 emissions projected at 2,034,110 kg CO2e and Scope 2 emissions at 9,004,950 kg CO2e. This upward trend highlights the company's growing operational footprint. Despite the increase in emissions, there are currently no publicly disclosed reduction targets or climate pledges from Morellato Group. The company has not committed to any science-based targets or specific reduction initiatives, which places it in a challenging position within the industry as climate commitments become increasingly important for sustainability and corporate responsibility.

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202220232024
Scope 1
472,910
000,000
0,000,000
Scope 2
2,811,150
0,000,000
0,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Morellato Group's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is 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. Morellato Group is headquartered in IT, 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.

Morellato Group is not committed to any 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

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers