Fossil Group, Inc., commonly known as Fossil, is a prominent American lifestyle brand headquartered in Richardson, Texas. Founded in 1984, the company has established itself in the fashion accessories industry, specialising in watches, handbags, and other leather goods. With a commitment to innovation, Fossil has successfully integrated technology into its products, notably through its smartwatches and hybrid timepieces. Over the years, Fossil has achieved significant milestones, including collaborations with renowned fashion labels and the expansion of its global presence across North America, Europe, and Asia. The brand is celebrated for its unique blend of vintage-inspired designs and modern functionality, positioning itself as a leader in the competitive accessories market. Fossil's dedication to quality craftsmanship and stylish aesthetics continues to resonate with consumers worldwide.
How does Fossil'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.
Mean score of companies in the Medical Device Manufacturing 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.
Fossil's score of 3 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Fossil reported total carbon emissions of approximately 254,800,000 kg CO2e from Scope 3, 14,100,000 kg CO2e from Scope 2, and 370,000 kg CO2e from Scope 1. This marked a significant increase in emissions compared to 2020, where total emissions were about 207,130,000 kg CO2e for Scope 3, 25,200,000 kg CO2e for Scope 2, and 3,510,000 kg CO2e for Scope 1. Despite these figures, Fossil has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or science-based targets indicates a need for enhanced commitment to sustainability practices within the industry. As a company headquartered in the US, Fossil's emissions profile reflects broader trends in the fashion and retail sectors, where addressing climate change remains a critical challenge.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | |
---|---|---|
Scope 1 | 3,510,000 | 000,000 |
Scope 2 | 25,200,000 | 00,000,000 |
Scope 3 | 207,130,000 | 000,000,000 |
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.
Fossil is not committed to any 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.