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 62 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 2024, Capri Holdings reported total carbon emissions of approximately 1,263,468,000 kg CO2e, with the majority stemming from Scope 3 emissions, which accounted for about 1,249,875,000 kg CO2e. Scope 1 and 2 emissions were reported at approximately 13,593,000 kg CO2e. In 2023, the company’s total emissions were about 1,218,632,000 kg CO2e, with Scope 2 emissions at approximately 11,074,000 kg CO2e and Scope 3 emissions contributing significantly to the total. Capri Holdings has set ambitious climate commitments, aiming for a 50% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2019 as the baseline year. This target has been validated by the Science Based Targets initiative (SBTi). Additionally, the company is committed to reducing Scope 3 emissions from purchased goods and services by the same percentage over the same timeframe. The company is also developing a long-term net-zero target, with a goal to achieve this by 2050. Capri Holdings has made strides in renewable energy, with a significant portion of its energy sourced from renewable sources, and aims for 100% renewable energy by 2030. Overall, Capri Holdings is actively working towards substantial emissions reductions and enhancing its sustainability practices within the luxury goods sector.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | - | - | - | - | - | - |
Scope 2 | - | - | - | - | 00,000,000 | - |
Scope 3 | - | - | - | - | 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 participating in some 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.