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 20 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Morellato Group's reported carbon emissions
In 2023, Morellato Group reported total carbon emissions of approximately 5,461,910 kg CO2e from Scope 1 and Scope 2 sources. This includes about 546,910 kg CO2e from Scope 1 emissions, primarily from mobile and stationary combustion, and approximately 5,091,790 kg CO2e from Scope 2 emissions, mainly from purchased electricity. In 2022, the group's emissions were about 4,221,030 kg CO2e, indicating a significant increase in emissions year-on-year. The breakdown for 2022 shows approximately 472,910 kg CO2e from Scope 1 and about 2,811,150 kg CO2e from Scope 2. Looking ahead to 2024, Morellato Group anticipates a further rise in emissions, projecting total emissions of around 7,944,180 kg CO2e, with Scope 1 emissions expected to be about 2,034,110 kg CO2e and Scope 2 emissions around 9,004,950 kg CO2e. Despite these figures, Morellato Group has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of defined reduction strategies suggests a need for enhanced focus on sustainability practices within the organisation.
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Add to project| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 472,910 | 000,000 | 0,000,000 |
| Scope 2 | 2,811,150 | 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 committed to any reduction initiatives 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.
