Compagnie Financiere Richemont

Compagnie Financière Richemont, headquartered in CH and operating in the other services industry (93), has reported its carbon emissions. In 2026, the company's total emissions were approximately 1.36 billion kg CO2e. Scope 1 emissions for 2026 totalled about 13.6 million kg CO2e, while Scope 2 emissions were approximately 1.43 million kg CO2e. Scope 3 emissions were significantly higher, reaching about 1.36 billion kg CO2e in the same year.

Looking at previous years, total emissions in 2025 were approximately 1.36 billion kg CO2e, with Scope 1 at about 13.6 million kg CO2e, Scope 2 at around 1.46 million kg CO2e, and Scope 3 at approximately 1.41 billion kg CO2e. In 2023, total emissions were approximately 1.65 billion kg CO2e, comprising about 15 million kg CO2e for Scope 1, a market-based Scope 2 total of approximately 4.4 million kg CO2e, and Scope 3 emissions of about 1.63 billion kg CO2e. The company's total emissions in 2022 were approximately 1.94 billion kg CO2e, with Scope 1 at about 14.5 million kg CO2e, a market-based Scope 2 total of approximately 4.9 million kg CO2e, and Scope 3 emissions of about 1.92 billion kg CO2e.

Compagnie Financière Richemont has established ambitious climate commitments. The company is committed to reducing its absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 46% by 2030, using 2019 as the base year. This target has been validated by the Science Based Targets initiative (SBTi). Furthermore, Richemont aims to reduce its Scope 3 GHG emissions by 55% per dollar value added for purchased goods and services and business travel by 2030, also from a 2019 baseline.

Additionally, the company has a near-term target to increase its annual sourcing of renewable electricity from 64% in 2019 to 100% by 2025. Richemont also commits that by 2025, 20% of its suppliers by emissions, covering purchased goods and services and upstream transportation and distribution, will have science-based targets in place.