Misfit, Inc. Sustainability Profile
Misfit, Inc., a prominent player in the wearable technology industry, is headquartered in the United States. Founded in 2011, the company has made significant strides in the health and fitness sector, focusing on innovative wearable devices that seamlessly integrate into users' lifestyles. Misfit is renowned for its unique approach to fitness tracking, offering stylish and user-friendly products that cater to both casual users and fitness enthusiasts. With a diverse range of products, including the Misfit Shine and Ray, the company stands out for its commitment to design and functionality. Misfit's devices not only track activity and sleep but also promote a holistic approach to wellness. Over the years, the company has garnered a strong market position, recognised for its cutting-edge technology and dedication to enhancing user experience in the ever-evolving landscape of health and fitness.
DitchCarbon Score
How does Misfit, 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 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
Misfit, Inc.'s score of 56 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Misfit, Inc., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Fossil Group, Inc., which may influence its climate commitments and reporting practices. While Misfit, Inc. has not established its own reduction targets or initiatives, it inherits climate commitments from its parent company, Fossil Group, Inc. This includes participation in various sustainability initiatives, such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are cascaded from Fossil Group, Inc. at a corporate family level. As of now, there are no documented reduction targets or specific climate pledges attributed directly to Misfit, Inc. However, the overarching commitments from Fossil Group, Inc. may guide Misfit's future climate strategies and emissions reduction efforts.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 3,514,000 | 000,000 | 000,000 |
| Scope 2 | 27,034,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 205,136,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Misfit, Inc.'s Industry?
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Misfit, Inc.'s Scope 3 Categories Breakdown
Misfit, Inc.'s Scope 3 emissions, which decreased by 15% last year and increased by approximately 6% since 2020, 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 77% of Scope 3 emissions.
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Misfit, 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.
Misfit, 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.
