Cotton On Group Services Pty Ltd. Sustainability Profile
Cotton On Group Services Pty Ltd, commonly known as Cotton On, is a leading Australian retail company headquartered in Geelong, Victoria. Founded in 1988, the company has grown significantly, establishing a strong presence in the fashion and lifestyle industry across Australia and internationally. Specialising in clothing, accessories, and stationery, Cotton On is renowned for its commitment to quality and affordability, appealing to a diverse customer base. The brand's unique approach combines contemporary designs with sustainable practices, setting it apart in a competitive market. With a robust portfolio that includes Cotton On, Cotton On Kids, and Typo, the company has achieved notable milestones, including significant expansion into global markets. Cotton On continues to solidify its position as a market leader, driven by innovation and a focus on customer satisfaction.
DitchCarbon Score
How does Cotton On Group Services Pty Ltd.'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
Cotton On Group Services Pty Ltd.'s score of 24 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Cotton On Group Services Pty Ltd.'s reported carbon emissions
In 2022, Cotton On Group Services Pty Ltd. reported total carbon emissions of approximately 755,410,000 kg CO2e. This figure includes Scope 1 emissions of about 7,815,000 kg CO2e, Scope 2 emissions of approximately 35,436,000 kg CO2e, and significant Scope 3 emissions totalling around 712,159,000 kg CO2e. The Scope 3 emissions breakdown reveals key contributors such as purchased goods and services (approximately 446,938,000 kg CO2e) and the use of sold products (about 99,702,000 kg CO2e). The company has set a notable climate commitment to switch to 100% renewable energy across its operations by 2030, with this initiative starting in 2023. This target reflects a proactive approach towards achieving net-zero emissions in the near term, particularly focusing on Scope 1 emissions. Cotton On Group Services Pty Ltd. has not disclosed any SBTi targets or cascaded emissions data from a parent organization, indicating that their emissions reporting is independent. The company continues to engage in sustainability efforts, aligning with industry standards for climate action.
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| 2022 | |
|---|---|
| Scope 1 | 7,815,000 |
| Scope 2 | 35,436,000 |
| Scope 3 | 712,159,000 |
How Carbon Intensive is Cotton On Group Services Pty Ltd.'s Industry?
How Carbon Intensive is Cotton On Group Services Pty Ltd.'s Location?
Cotton On Group Services Pty Ltd.'s Scope 3 Categories Breakdown
The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 63% of Scope 3 emissions.
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Cotton On Group Services Pty Ltd.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Cotton On Group Services Pty Ltd. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
