Chanel
Chanel, officially known as Chanel S.A., is a prestigious French luxury fashion house headquartered in London, GB. Founded in 1910 by the iconic designer Coco Chanel, the brand has become synonymous with elegance and innovation in the fashion industry. Chanel operates primarily in the luxury goods sector, focusing on haute couture, ready-to-wear apparel, accessories, and fragrances. Renowned for its timeless products, such as the classic Chanel No. 5 perfume and the iconic Chanel 2.55 handbag, the brand stands out for its commitment to quality and craftsmanship. With a strong market position, Chanel has achieved notable milestones, including the introduction of the first luxury ready-to-wear collection in the 1980s. Today, Chanel continues to influence global fashion trends while maintaining its legacy of sophistication and style.
DitchCarbon Score
How does Chanel'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 Retail Trade 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
Chanel's score of 22 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Chanel's reported carbon emissions
In 2023, Chanel reported total greenhouse gas emissions of approximately 1,235,661,000 kg CO2e, with Scope 1 and 2 emissions accounting for about 24,365,000 kg CO2e and Scope 3 emissions reaching approximately 1,211,296,000 kg CO2e. This marks a significant increase in emissions compared to previous years, reflecting the challenges faced in reducing carbon footprints across their extensive supply chain. Chanel has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2040. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 50% and Scope 3 emissions by 42% by 2030, using 2021 as the baseline year. Additionally, Chanel is committed to reducing Scope 3 emissions related to deforestation-linked commodities by 30.3% by 2030, with a no-deforestation target set for 2025. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2040, again using 2021 as the baseline. These targets encompass biogenic land-related emissions and removals from bioenergy feedstocks, demonstrating Chanel's commitment to sustainable practices within the luxury goods sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | - | 00,000,000 | - | - | - |
| Scope 2 | - | 00,000,000 | 00,000,000 | 00,000,000 | - | - | - |
| Scope 3 | - | 000,000,000 | 000,000,000 | 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.
Chanel 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.
