Capri Holdings
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.
DitchCarbon Score
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.
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
Capri Holdings's score of 70 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Capri Holdings's reported carbon emissions
In 2024, Capri Holdings reported total carbon emissions of approximately 1,258,527,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 1,228,527,000 kg CO2e. Specifically, Scope 1 emissions were about 13,593,000 kg CO2e, and Scope 2 emissions totalled approximately 21,348,000 kg CO2e. The company has set ambitious targets to reduce its greenhouse gas emissions. Capri Holdings aims for a 50% reduction in absolute Scope 1 and 2 emissions by 2030, using 2019 as the baseline year. This target has been validated by the Science Based Targets initiative (SBTi). Additionally, Capri Holdings is committed to reducing Scope 3 emissions from purchased goods and services by the same percentage over the same timeframe. Notably, Versace, a brand under Capri Holdings, has achieved a remarkable 62% reduction in Scope 1 and 2 emissions through clean energy initiatives since 2019, with a target to maintain this momentum until 2025. Furthermore, Armani has made strides in sustainability by sourcing 68% of its global energy from renewable sources in 2022, with a goal of reaching 100% by 2030. Capri Holdings is also developing a long-term net-zero target, aiming for completion by 2050. This commitment reflects the company's dedication to addressing climate change and reducing its overall carbon footprint across all scopes.
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| 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 |
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.
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.
