Morellato Group Sustainability Profile
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 53% 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 climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. This commitment reflects a proactive approach to mitigating climate impact and aligns with industry standards for sustainability. The Group's emissions data is independently reported and does not cascade from any parent organisation.
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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 | - | - | - |
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Morellato Group'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.
Morellato Group 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.
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