Gucci
Gucci, officially known as Gucci S.p.A., is a prestigious Italian luxury fashion brand headquartered in Florence, Italy. Founded in 1921, the company has established itself as a leader in the global fashion industry, renowned for its high-quality leather goods, apparel, and accessories. Over the decades, Gucci has achieved significant milestones, including the introduction of iconic products like the GG logo and the Bamboo handbag. With a strong presence in major operational regions such as Europe, North America, and Asia, Gucci continues to captivate consumers with its unique blend of craftsmanship and innovative design. The brand is celebrated for its distinctive aesthetic, which combines traditional Italian artistry with contemporary flair. As a key player in the luxury market, Gucci consistently ranks among the top luxury brands worldwide, recognised for its commitment to sustainability and creative excellence.
DitchCarbon Score
How does Gucci'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
Gucci's score of 74 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Gucci's reported carbon emissions
In 2023, Gucci reported total carbon emissions of approximately 1,207,106,000 kg CO2e. This figure includes Scope 1 emissions of about 7,083,000 kg CO2e, Scope 2 emissions of approximately 3,869,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 1,196,154,000 kg CO2e. Comparatively, in 2022, Gucci's total emissions were about 1,428,885,000 kg CO2e, with Scope 1 at approximately 11,829,000 kg CO2e, Scope 2 at around 4,185,000 kg CO2e, and Scope 3 emissions reaching about 1,412,871,000 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. Gucci has set ambitious climate commitments, aiming to decrease its greenhouse gas emissions by 50% for Scopes 1 and 2, and part of Scope 3, from a 2015 baseline by 2025. Additionally, the brand targets a 40% reduction in its total environmental footprint by the same year. These initiatives reflect Gucci's commitment to sustainability and reducing its impact on climate change.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 11,084,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 5,193,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,285,766,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Gucci is not participating in any of the initiatives that 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.
