Gucci

Gucci, headquartered in Italy and operating in the retail trade services sector, reported total carbon emissions of approximately 869.3 million kg CO2e in 2024. This includes Scope 1 emissions of approximately 12.5 million kg CO2e, Scope 2 market-based emissions of about 5.1 million kg CO2e, and Scope 3 emissions of roughly 851.8 million kg CO2e. The largest contributors to Scope 3 emissions in 2024 were purchased goods and services, at approximately 644.0 million kg CO2e, and capital goods, at about 82.5 million kg CO2e.

In 2023, Gucci's total emissions were approximately 1.11 billion kg CO2e, comprising Scope 1 emissions of about 12.2 million kg CO2e, Scope 2 market-based emissions of approximately 4.6 million kg CO2e, and Scope 3 emissions of roughly 1.09 billion kg CO2e.

Gucci has set intensity reduction targets, aiming to decrease greenhouse gas (GHG) emissions by 50% for Scope 1, Scope 2, and parts of Scope 3 (transportation and distribution, business flights, fuel and energy-related emissions) by 2025, against a 2015 baseline relative to growth. Additionally, the company is targeting a 40% reduction in its total environmental footprint by 2025, also from a 2015 baseline relative to growth. These targets are inherited from its direct parent company, Guccio Gucci S.p.A., through a current subsidiary relationship.