Richemont Limited
Richemont Limited, officially known as Compagnie Financière Richemont SA, is a prestigious Swiss luxury goods holding company headquartered in Great Britain. Founded in 1988, Richemont has established itself as a leader in the luxury industry, with a diverse portfolio that includes renowned brands such as Cartier, Montblanc, and Dunhill. The company operates primarily in Europe, Asia, and the Americas, focusing on high-end jewellery, watches, and writing instruments. Richemont's commitment to craftsmanship and innovation sets its products apart, ensuring a unique blend of tradition and modernity. With a strong market position, Richemont has achieved notable milestones, including significant growth in e-commerce and sustainability initiatives, reinforcing its status as a key player in the luxury sector.
DitchCarbon Score
How does Richemont Limited'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 Limited's score of 30 is higher than 57% 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 Limited's reported carbon emissions
In 2021, Richemont Limited reported a Scope 3 economic intensity target of approximately 0.118 kg CO2e per unit of revenue, reflecting their commitment to reducing carbon emissions across their supply chain. This follows a similar target from 2020, where the Scope 3 economic intensity was about 0.127 kg CO2e per unit of revenue. Richemont has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 46% by 2030, using 2019 as the base year. This target underscores their dedication to achieving significant reductions in their direct and indirect emissions. Additionally, the company has committed that by 2025, 20% of its suppliers, covering purchased goods and services as well as upstream transportation and distribution, will have science-based targets in place. These initiatives demonstrate Richemont's proactive approach to addressing climate change and enhancing sustainability within its operations and supply chain.
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 Limited is not participating in any 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.
