Chanel

Chanel, headquartered in GB, reported total Scope 1, 2, and 3 emissions of approximately 1.12 billion kg CO2e in 2024. This includes about 21.6 million kg CO2e from Scope 1, 2.45 million kg CO2e from Scope 2 (market-based), and 1.10 billion kg CO2e from Scope 3. Key contributors to Scope 3 emissions in 2024 included purchased goods and services (about 626.8 million kg CO2e), capital goods (about 222.1 million kg CO2e), and upstream transportation and distribution (about 114.2 million kg CO2e).

Looking back, in 2023, Chanel's Scope 1 emissions were approximately 21.3 million kg CO2e, Scope 2 (market-based) emissions were about 3.05 million kg CO2e, and Scope 3 emissions reached approximately 1.21 billion kg CO2e. In 2022, the company reported approximately 1.26 billion kg CO2e for Scope 3 emissions, and approximately 25 million kg CO2e for combined Scope 1 and 2 emissions.

Chanel has established Science Based Targets initiative (SBTi) approved targets. The company commits to achieving net-zero greenhouse gas emissions across its value chain by 2040. As part of its near-term goals, Chanel aims to reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030 from a 2021 base year, and absolute Scope 3 GHG emissions by 42% within the same timeframe. Long-term targets include a 90% reduction in absolute Scope 1 and 2 GHG emissions by 2040 from a 2021 base year, and a 90% reduction in absolute Scope 3 GHG emissions by 2040 from a 2021 base year. These SBTi targets cascade from the ultimate parent through a corporate family relationship with Chanel Limited.