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.
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.
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.
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.
In 2023, Capri Holdings reported total carbon emissions of approximately 1,218,632,000 kg CO2e, with Scope 1 emissions at about 13,593,000 kg CO2e, Scope 2 emissions at approximately 21,348,000 kg CO2e, and significant Scope 3 emissions primarily from purchased goods and services, totalling around 918,383,000 kg CO2e. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50% by FY2030, using FY2019 as the baseline. Additionally, Capri Holdings 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 contribute to global efforts to limit warming to 1.5°C. Capri Holdings's emissions data reflects a proactive approach to sustainability within the textiles, apparel, footwear, and luxury goods sector, demonstrating a commitment to reducing its carbon footprint and addressing climate change effectively.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
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 |
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.