Loro Piana Sustainability Profile
Loro Piana, officially known as Loro Piana S.p.A., is a prestigious Italian luxury textile and clothing company headquartered in Quarona, Italy. Founded in 1924, the brand has established itself as a leader in the cashmere and fine wool industry, renowned for its commitment to quality and craftsmanship. With a strong presence in Europe, Asia, and the Americas, Loro Piana operates in the high-end fashion sector, offering a range of products including cashmere garments, luxury fabrics, and accessories. The company is celebrated for its unique sourcing of raw materials, particularly its exclusive cashmere and wool, which are sourced from the most remote regions of the world. Loro Piana's dedication to sustainability and innovation has solidified its market position, making it a preferred choice among discerning consumers seeking elegance and durability in luxury apparel.
DitchCarbon Score
How does Loro Piana'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
Loro Piana's score of 83 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Loro Piana, headquartered in Italy, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of LVMH Moët Hennessy - Louis Vuitton, Société Européenne, and thus inherits its climate commitments and emissions data from this parent organisation. As part of its climate strategy, Loro Piana aligns with the sustainability initiatives set forth by LVMH, which include participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). These initiatives aim to establish robust frameworks for measuring and reducing carbon emissions across the supply chain. While specific reduction targets or achievements for Loro Piana are not detailed, the overarching commitments from LVMH indicate a strong focus on sustainability and climate action. The company is expected to adhere to the climate pledges and reduction strategies cascaded from its parent organisation, which are designed to mitigate environmental impact and promote sustainable practices within the luxury goods sector. In summary, Loro Piana's climate commitments are closely tied to the initiatives of LVMH, reflecting a commitment to sustainability despite the absence of specific emissions data at this time.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 505,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,150,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000,000 | - | - | - | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Loro Piana's Industry?
How Carbon Intensive is Loro Piana's Location?
Loro Piana's Scope 3 Categories Breakdown
Loro Piana's Scope 3 emissions, which increased by 5% last year and decreased by approximately 0% 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 50% of Scope 3 emissions.
Top Scope 3 Categories
Loro Piana'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.
Loro Piana 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.
