Morellato Group
Morellato Group, headquartered in Italy, is a distinguished leader in the luxury jewellery and watch industry. Founded in 1930, the company has evolved into a prominent player, renowned for its exquisite craftsmanship and innovative designs. With a strong presence in Europe and expanding operations globally, Morellato Group offers a diverse range of products, including fine jewellery, watches, and accessories that blend tradition with contemporary style. The brand is celebrated for its unique approach to materials and design, ensuring each piece resonates with elegance and sophistication. Morellato Group has achieved significant milestones, including collaborations with renowned designers and a commitment to sustainability, solidifying its market position. As a trusted name in luxury, Morellato Group continues to captivate customers with its dedication to quality and artistry.
DitchCarbon Score
How does Morellato Group'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
Morellato Group's score of 31 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Morellato Group's reported carbon emissions
In 2024, Morellato Group reported total carbon emissions of approximately 11,039,060 kg CO2e, comprising 2,034,110 kg CO2e from Scope 1 and 9,004,950 kg CO2e from Scope 2 emissions. The Scope 1 emissions included 446,990 kg CO2e from mobile combustion and 1,299,950 kg CO2e from stationary combustion. In 2023, the Group's emissions were about 5,638,700 kg CO2e, with Scope 1 emissions at 546,910 kg CO2e and Scope 2 emissions at 5,091,790 kg CO2e. The 2022 emissions were approximately 4,427,350 kg CO2e, with Scope 1 at 472,910 kg CO2e and Scope 2 at 3,954,440 kg CO2e. Morellato has set ambitious near-term targets to reduce its emissions to near zero by 2025 for both Scope 1 and Scope 2. These commitments reflect the Group's dedication to addressing climate change and reducing its carbon footprint. The company has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from energy consumption. Overall, Morellato Group's climate commitments and emissions data demonstrate a proactive approach to sustainability, aiming for significant reductions in the coming years.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 472,910 | 000,000 | 0,000,000 |
| Scope 2 | 3,954,440 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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.
Morellato Group 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.
