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Leather Products
CH
updated 2 months ago

On AG Sustainability Profile

Company website

On AG, commonly referred to as On, is a Swiss-based company headquartered in Zurich, Switzerland (CH). Founded in 2010, On has rapidly established itself in the athletic footwear industry, particularly known for its innovative running shoes that combine performance with style. The company has expanded its operations across Europe, North America, and Asia, catering to a global audience of runners and fitness enthusiasts. On's core products include its signature CloudTec® technology, which offers a unique cushioning system designed to enhance running efficiency and comfort. This distinctive approach has positioned On as a leader in the competitive sportswear market, earning accolades for both design and functionality. With a commitment to sustainability and performance, On continues to push the boundaries of athletic footwear, making significant strides in the industry.

DitchCarbon Score

How does On AG'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.

52

Industry Average

Mean score of companies in the Leather Products 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.

14

Industry Benchmark

On AG's score of 52 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

79%

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On AG's reported carbon emissions

Inherited from On Holding AG

On AG, headquartered in Switzerland, has set ambitious climate commitments as part of its sustainability strategy. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets through the Science Based Targets initiative (SBTi). On AG commits to reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 46% by 2030, using 2019 as the baseline year. Additionally, the company aims to reduce Scope 3 GHG emissions by 55% per dollar value added over the same timeframe. These targets are aligned with the necessary reductions to limit global warming to 1.5°C, reflecting On AG's commitment to addressing climate change within the textiles, apparel, footwear, and luxury goods sector. The emissions reduction targets are cascaded from its parent company, On AG, ensuring a unified approach to sustainability across its corporate family.

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201920202021202220232024
Scope 1
-
000,000
-
-
000,000
0,000,000
Scope 2
-
000,000
-
-
0,000,000
0,000,000
Scope 3
66,820,000
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000

How Carbon Intensive is On AG's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. On AG's primary industry is Leather and leather products (19), which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is On AG's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for On AG is in CH, which has a very low grid carbon intensity relative to other regions.

On AG's Scope 3 Categories Breakdown

On AG's Scope 3 emissions, which increased by 38% last year and increased by approximately 551% since 2019, 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 75% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
75%
End-of-Life Treatment of Sold Products
9%
Capital Goods
2%
Use of Sold Products
2%
Employee Commuting
<1%
Downstream Transportation & Distribution
<1%
Fuel and Energy Related Activities
<1%
Waste Generated in Operations
<1%
Franchises
<1%

On AG'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.

On AG has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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