Bulgari S.p.A. Sustainability Profile
Bulgari S.p.A., often referred to simply as Bulgari, is a prestigious Italian luxury brand headquartered in Rome, Italy. Founded in 1884, the company has established itself as a leader in the high-end jewellery, watches, fragrances, and accessories sectors. With a rich heritage marked by key milestones, Bulgari has evolved into a symbol of Italian craftsmanship and elegance. The brand is renowned for its distinctive designs, characterised by bold colours and innovative use of materials, setting it apart in the competitive luxury market. Bulgari's commitment to quality and artistry has earned it a prominent position globally, with a strong presence in major operational regions including Europe, Asia, and the Americas. Notable achievements include its iconic Serpenti collection and a legacy of celebrity endorsements, solidifying Bulgari's status as a hallmark of luxury and sophistication.
DitchCarbon Score
How does Bulgari S.p.A.'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 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
Bulgari S.p.A.'s score of 63 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bulgari S.p.A., headquartered in Italy, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of LVMH Moët Hennessy - Louis Vuitton, Société Européenne, and therefore, its climate commitments and emissions data are influenced by the parent organisation's initiatives. Bulgari's climate commitments are aligned with those of LVMH, which has set ambitious targets for reducing carbon emissions across its operations. These targets are cascaded down to Bulgari, reflecting the broader sustainability goals of the LVMH group. The company participates in various initiatives, including the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are managed at the level of LVMH. While specific reduction targets for Bulgari have not been disclosed, the overarching commitments from LVMH include significant efforts to reduce emissions across all scopes, particularly focusing on Scope 1 and 2 emissions, which pertain to direct and indirect emissions from owned or controlled sources. The company is also engaged in initiatives aimed at enhancing energy efficiency and transitioning to renewable energy sources. In summary, while Bulgari S.p.A. does not currently report specific emissions data, it is committed to sustainability through its alignment with LVMH's climate strategies and initiatives.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 505,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,150,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | - | - | - | 0,000,000,000 | 0,000,000,000 |
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Bulgari S.p.A.'s Scope 3 Categories Breakdown
Bulgari S.p.A.'s Scope 3 emissions, which increased by 5% last year and decreased by approximately 0% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 50% of Scope 3 emissions.
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Bulgari S.p.A.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bulgari S.p.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
