Asos

ASOS's latest disclosed emissions for 2023 include Scope 1 emissions of 2,785,000 kg CO2e from stationary combustion and Scope 2 market-based emissions of 2,896,000 kg CO2e from purchased electricity. The total Scope 1 and 2 market-based emissions for 2023 were approximately 5,681,000 kg CO2e, while location-based Scope 1 and 2 emissions were about 13,555,000 kg CO2e. There is no Scope 3 data disclosed for 2023.

In 2022, ASOS reported Scope 1 emissions of 3,351,000 kg CO2e, Scope 2 market-based emissions of 2,860,000 kg CO2e, and Scope 3 emissions totalling 1,738,708,000 kg CO2e. The combined Scope 1 and 2 market-based emissions for 2022 were approximately 6,211,000 kg CO2e, with location-based Scope 1 and 2 emissions at about 14,848,000 kg CO2e.

ASOS has set several ambitious climate commitments. The company aims for carbon neutrality in its direct operations (Scope 1 and 2 emissions) by 2025. It also targets net-zero carbon emissions across its entire value chain by 2030.

Specifically, ASOS, an entity registered as ASOS Plc with the Science Based Targets initiative (SBTi), commits to reducing absolute Scope 1 and 2 GHG emissions by 87% per thousand orders fulfilled by fiscal year 2030/31 from a fiscal year 2018/19 base year. Additionally, ASOS plc aims to increase its annual sourcing of renewable electricity from 12% in FY2018/19 to 100% by FY2025/26. For Scope 3, ASOS plc commits to reduce absolute Scope 3 GHG emissions from purchased goods and services and upstream transportation and distribution by 58.2% on a per million pound value by FY2030/31 from a FY2018/19 base year. The company also commits that 66% of its suppliers by emissions covering purchased goods and services will have set SBTs by FY2025/26.

More recent SBTi targets indicate ASOS Plc commits to reduce absolute Scope 1 and Scope 2 GHG emissions by 45% by FY2030 from a FY2022 base year, and to reduce absolute Scope 3 GHG emissions from purchased goods and services and upstream transportation and distribution by 42% by FY2030 from a FY2022 base year. Long-term net-zero targets include a 90% reduction in absolute Scope 1 and 2 GHG emissions by FY2050 from a FY2022 base year, and a 90% reduction in absolute Scope 3 GHG emissions within the same timeframe, aiming for net-zero greenhouse gas emissions across the value chain by FY2050.