Bally
Bally, officially known as Bally of Switzerland, is a prestigious luxury fashion brand headquartered in Switzerland (CH). Founded in 1851, the company has established itself as a leader in the footwear and leather goods industry, renowned for its craftsmanship and innovative designs. With a strong presence in Europe, Asia, and North America, Bally offers a diverse range of products, including high-quality shoes, handbags, and accessories that blend traditional techniques with contemporary aesthetics. Over the years, Bally has achieved notable milestones, such as the introduction of the iconic Bally stripe and the expansion of its product lines to include ready-to-wear collections. The brand's commitment to sustainability and quality has solidified its market position, making it a sought-after name among luxury consumers. Bally continues to embody Swiss heritage while appealing to a modern audience, ensuring its legacy in the fashion world remains strong.
DitchCarbon Score
How does Bally'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
Bally's score of 54 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bally's reported carbon emissions
In 2023, Bally reported total carbon emissions of approximately 63,300,000 kg CO2e. This figure includes 400,000 kg CO2e from Scope 1 emissions, 3,400,000 kg CO2e from Scope 2 emissions, and a significant 59,500,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (about 43,031,000 kg CO2e) and upstream transportation and distribution (approximately 4,417,000 kg CO2e). Comparatively, in 2022, Bally's total emissions were about 98,770,000 kg CO2e, indicating a notable reduction in emissions year-on-year. The company achieved an 11% decrease in direct CO2 emissions (Scope 1) from 2022 to 2023, with emissions recorded at 3,667,000 kg CO2e in 2023. Bally has set ambitious climate commitments, aiming for net zero emissions by 2050 across both Scope 1 and Scope 2 emissions. This long-term target reflects a strategic approach to reducing their carbon footprint and addressing climate change. The company is currently focused on enhancing its carbon emission strategy, particularly in Scope 1 and Scope 2, with a near-term goal of reducing annual emissions by 26% by 2028. Bally's emissions data is not cascaded from any parent organization, ensuring that their reported figures and commitments are independently sourced.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 380,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 4,650,000 | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 94,830,000 | - | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Bally is not participating in any 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.
