Global Fashion Sustainability Profile
Global Fashion Group (GFG), headquartered in Singapore, is a leading online fashion retailer that operates across multiple regions, including Europe, Latin America, and Asia. Founded in 2014, GFG has rapidly established itself as a key player in the e-commerce fashion industry, focusing on providing a diverse range of apparel, footwear, and accessories. The company is renowned for its unique approach to fashion retail, combining local insights with global trends to cater to a wide audience. GFG's core offerings include a variety of well-known brands and exclusive collections, setting it apart in a competitive market. With a strong commitment to sustainability and innovation, Global Fashion Group has achieved significant milestones, positioning itself as a trusted name in online fashion shopping.
DitchCarbon Score
How does Global Fashion'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
Global Fashion's score of 55 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Global Fashion's reported carbon emissions
In 2024, Global Fashion Group (GFG), headquartered in Luxembourg (SG), reported total carbon emissions of approximately 260,349,000 kg CO2e. This figure includes Scope 1 emissions of about 217,000 kg CO2e, Scope 2 emissions of approximately 2,678,000 kg CO2e (market-based), and a significant Scope 3 total of around 257,454,000 kg CO2e. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (about 179,622,000 kg CO2e) and the use of sold products (approximately 38,927,000 kg CO2e). In 2023, GFG's total emissions were reported at approximately 294,501,000 kg CO2e, with Scope 1 emissions at about 218,000 kg CO2e, Scope 2 emissions of approximately 2,857,000 kg CO2e (market-based), and Scope 3 emissions reaching around 291,426,000 kg CO2e. This indicates a slight decrease in total emissions from 2023 to 2024. GFG has set ambitious climate commitments, aiming for carbon neutrality by 2030 across all scopes. Specifically, they target a 50% absolute reduction in Scope 1 and Scope 2 emissions from a 2019 baseline by 2030. Additionally, they aim to reduce Scope 3 emissions from purchased goods and services, as well as upstream and downstream transportation and distribution, by 90% per million Net Merchandise Value (NMV), equating to a 29% absolute reduction within the same timeframe. Notably, GFG has achieved a 30% reduction in carbon intensity, exclusive of product-related emissions, decreasing from 67 tonnes CO2e per million NMV in 2021 to 47 tonnes in 2022. These targets and achievements align with the Science Based Targets initiative (SBTi) standards, reinforcing GFG's commitment to sustainable practices in the fashion industry.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 154,000 | 00,000 | 00,000 | 000,000 | 000,000 |
| Scope 2 | 6,091,000 | 0,000,000 | 000,000 | - | 0,000,000 |
| Scope 3 | 578,288,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Global Fashion's Industry?
How Carbon Intensive is Global Fashion's Location?
Global Fashion's Scope 3 Categories Breakdown
Global Fashion's Scope 3 emissions, which decreased by 33% last year and decreased by approximately 50% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 68% of Scope 3 emissions.
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Global Fashion'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.
Global Fashion has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Global Fashion's sustainability data and climate commitments