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Compagnie Financiere Richemont
Other ServicesSwitzerlandPNK: CFRUY
Last verified 3 months agorichemont.com
Compagnie Financière Richemont, commonly known as Richemont, is a prominent Swiss company headquartered in Geneva, Switzerland. Operating within the "Other services (93)" industry, Richemont specialises in luxury goods and high-end services, with a focus on craftsmanship and exclusivity. Since its founding in 1988, the company has established a strong market presence through its diverse portfolio of prestigious brands, including jewellery, watches, and accessories.
Richemont’s core offerings are distinguished by their quality, heritage, and innovation, making them highly sought after in the global luxury market. The company’s strategic operations span major regions worldwide, including Europe, Asia, and North America. Recognised for its leadership in the luxury sector, Richemont continues to set industry standards through its commitment to excellence and sustainable growth.
56
DitchCarbon score
+31 vs industry average
Compagnie Financiere Richemont’s score of 56 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Low
Other Services has below-average carbon intensity
Industry performance
0.200
20182025
The Other Services industry has reduced its overall emissions by 37% since 2018
Emissions trajectory 2020 – 2029
2020202120222023202420252026202720282029
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Compagnie Financiere Richemont's reported carbon emissions
Compagnie Financière Richemont, headquartered in Switzerland, reported total emissions of approximately 1.38 billion kg CO2e in 2026. This figure includes Scope 1 emissions of 13.6 million kg CO2e, market-based Scope 2 emissions of 4 million kg CO2e, and Scope 3 emissions of approximately 1.36 billion kg CO2e.
Looking back, the company's total emissions have fluctuated, with 1.43 billion kg CO2e in 2025, 1.65 billion kg CO2e in 2023, and 1.94 billion kg CO2e in 2022.
Compagnie Financière Richemont has committed to several science-based targets. The company aims to reduce absolute Scope 1 and 2 GHG emissions by 46% by 2030 from a 2019 base year. Additionally, they plan to increase annual sourcing of renewable electricity from 64% in 2019 to 100% by 2025. For Scope 3 emissions, Compagnie Financière Richemont commits to reduce emissions from purchased goods and services and business travel by 55% per dollar value added by 2030 from a 2019 base year. Furthermore, by 2025, 20% of their suppliers (by emissions covering purchased goods and services and upstream transportation and distribution) are committed to having science-based targets.
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Compagnie Financiere Richemont’s Climate Goals (2030 & 2050)
4 goals2030
46% reduction in Scope 2
Compagnie Financière Richemont SA commits to reduce absolute scope 1 and 2 GHG emissions 46% by 2030 from a 2019 base year. Compagnie Financ…
At risk46%
2030
55% reduction in scope 3 total
Compagnie Financière Richemont SA commits to reduce absolute scope 1 and 2 GHG emissions 46% by 2030 from a 2019 base year. Compagnie Financ…
Behind target55%
2030
46% reduction in Scope 1
Compagnie Financière Richemont SA commits to reduce absolute scope 1 and 2 GHG emissions 46% by 2030 from a 2019 base year. Compagnie Financ…
Behind target46%
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Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
9 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
2030 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
2025 targetSee details
Active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Compagnie Financiere Richemont3 months ago
56
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Frequently asked questions
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