Richemont International S.A.
Richemont International S.A., commonly known as Richemont, is a prestigious Swiss luxury goods holding company headquartered in Switzerland (CH). Founded in 1988, Richemont has established itself as a leader in the luxury industry, with a diverse portfolio that includes renowned brands in jewellery, watches, and fashion. Major operational regions include Europe, Asia, and the Americas, where it caters to a discerning clientele. The company is celebrated for its exceptional craftsmanship and innovation, offering products such as high-end watches, fine jewellery, and luxury accessories. Notable brands under its umbrella include Cartier, Montblanc, and Van Cleef & Arpels, each known for their unique heritage and artistry. Richemont's commitment to quality and exclusivity has solidified its market position, making it a key player in the global luxury sector.
DitchCarbon Score
How does Richemont International S.A.'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 Medical Device Manufacturing 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
Richemont International S.A.'s score of 53 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Richemont International S.A.'s reported carbon emissions
In 2019, Richemont International S.A. reported total carbon emissions of approximately 284,200,000 kg CO2e. This figure includes 15,900,000 kg CO2e from Scope 1 emissions and 54,800,000 kg CO2e from Scope 2 emissions. The company has shown a commitment to reducing its carbon footprint, with significant targets set for both Scope 1 and Scope 2 emissions. The baseline year for these targets is 2018, with the first target year set for 2025. Richemont's emissions data is cascaded from its parent company, Compagnie Financière Richemont SA, reflecting the corporate family's overall climate strategy. The company aims to achieve net-zero emissions in the near term, with specific reduction initiatives outlined in their sustainability reports. Overall, Richemont International S.A. is actively working towards significant reductions in its carbon emissions, aligning with industry standards and climate commitments.
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| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Scope 1 | 13,600,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 57,300,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| 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.
Richemont International S.A. is participating in some 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.
