Esprit Holdings Limited Sustainability Profile
Esprit Holdings Limited, commonly known as Esprit, is a prominent global fashion brand headquartered in Hong Kong. Founded in 1968, the company has established a significant presence in the apparel and lifestyle industry, with major operations across Europe, Asia, and North America. Esprit is renowned for its stylish and contemporary clothing, accessories, and footwear, catering to a diverse audience with a focus on quality and sustainability. The brand's unique blend of casual and sophisticated designs has garnered a loyal customer base, positioning it as a key player in the competitive fashion market. With a commitment to innovation and ethical practices, Esprit continues to evolve, celebrating key milestones that reflect its dedication to both style and social responsibility.
DitchCarbon Score
How does Esprit Holdings Limited'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 Apparel Production 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
Esprit Holdings Limited's score of 35 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Esprit Holdings Limited's reported carbon emissions
In 2023, Esprit Holdings Limited reported total carbon emissions of approximately 50,910,000 kg CO2e. This figure includes Scope 1 emissions of about 1,286,000 kg CO2e, Scope 2 emissions of around 5,382,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled approximately 44,242,000 kg CO2e. Comparatively, in 2022, the company's total emissions were about 321,732,000 kg CO2e, with Scope 1 at 1,323,000 kg CO2e, Scope 2 at 2,806,000 kg CO2e, and Scope 3 emissions reaching approximately 317,603,000 kg CO2e. This indicates a notable reduction in total emissions from 2022 to 2023. Esprit has not set specific reduction targets under the Science Based Targets initiative (SBTi) nor has it made any formal climate pledges. The company’s emissions data is not cascaded from a parent organisation, indicating that these figures are solely attributed to Esprit Holdings Limited. Overall, while Esprit Holdings Limited has made strides in reducing its carbon footprint, the absence of formal reduction targets suggests an opportunity for further commitment to climate action.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,282,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 2,806,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 88,394,000 | 000,000,000 | 00,000,000 |
How Carbon Intensive is Esprit Holdings Limited's Industry?
How Carbon Intensive is Esprit Holdings Limited's Location?
Esprit Holdings Limited'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.
Esprit Holdings Limited 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.
