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 52% 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 previous year, 2023, saw total emissions of 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. In 2022, the company emitted around 4,427,350 kg CO2e, with Scope 1 emissions of 472,910 kg CO2e and Scope 2 emissions of 3,954,440 kg CO2e. Morellato Group has set ambitious climate commitments, aiming to reduce its Scope 1 emissions to near zero by 2025 and similarly targeting Scope 2 emissions for the same timeframe. These initiatives reflect the company's dedication to achieving significant reductions in its carbon footprint as part of its sustainability strategy. The emissions data is not cascaded from any parent organization, indicating that Morellato S.p.A. independently reports its emissions and climate commitments.
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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.
