Michael Kors (USA), Inc. Sustainability Profile
Michael Kors (USA), Inc., a prominent name in the luxury fashion industry, is headquartered in the United States. Founded in 1981 by designer Michael Kors, the company has established itself as a leader in the design and marketing of high-end accessories, footwear, and ready-to-wear apparel. With a strong presence in major operational regions including North America, Europe, and Asia, Michael Kors has successfully expanded its global footprint. The brand is renowned for its sophisticated yet accessible luxury products, which include handbags, watches, and fragrances, distinguished by their modern aesthetic and quality craftsmanship. Over the years, Michael Kors has achieved significant milestones, including its initial public offering in 2011, solidifying its market position as a go-to brand for fashion-forward consumers. With a commitment to innovation and style, Michael Kors continues to set trends in the competitive luxury market.
DitchCarbon Score
How does Michael Kors (USA), Inc.'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
Michael Kors (USA), Inc.'s score of 65 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Michael Kors (USA), Inc. currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Capri Holdings Limited, which may influence its climate commitments and emissions reporting. As part of its corporate family, Michael Kors inherits climate initiatives and targets from Capri Holdings Limited. However, there are no documented reduction targets or specific climate pledges available for Michael Kors at this time. The absence of data suggests that the company may still be in the process of establishing its own distinct climate strategy or reporting framework. In the broader context, as a subsidiary of Capri Holdings Limited, Michael Kors aligns with industry standards and practices regarding sustainability and climate action. The company is expected to adhere to the initiatives set forth by its parent organisation, which may include commitments to reduce emissions and improve sustainability practices across its operations. Overall, while specific emissions data and reduction targets for Michael Kors (USA), Inc. are not currently available, the company is positioned within a corporate structure that prioritises climate commitments and sustainability initiatives.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | - | - | - | 0,000,000 | - |
| Scope 2 | - | - | - | - | 00,000,000 | - |
| Scope 3 | - | - | - | - | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Michael Kors (USA), Inc.'s Industry?
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Michael Kors (USA), Inc.'s Scope 3 Categories Breakdown
Michael Kors (USA), Inc.'s Scope 3 emissions, which increased by 17% last year and increased by approximately 17% since 2023, 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 71% of Scope 3 emissions.
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Michael Kors (USA), Inc.'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.
Michael Kors (USA), Inc. 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.
