Saks Fifth Avenue LLC, commonly referred to as Saks, is a premier luxury department store headquartered in the United States. Established in 1924, Saks has become a cornerstone of the retail industry, renowned for its upscale fashion offerings and exceptional customer service. With a significant presence in major metropolitan areas, including New York City and other key regions, Saks caters to a discerning clientele seeking high-end apparel, accessories, and home goods. The company is celebrated for its curated selection of designer brands and exclusive collections, setting it apart in the competitive luxury market. Over the years, Saks has achieved notable milestones, including the launch of its e-commerce platform, which has expanded its reach and enhanced the shopping experience. As a leader in the luxury retail sector, Saks Fifth Avenue continues to redefine elegance and sophistication in fashion.
How does Saks Fifth Avenue LLC'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.
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.
Saks Fifth Avenue LLC's score of 25 is lower than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Saks Fifth Avenue LLC, headquartered in the US, currently does not have specific carbon emissions data available for recent years. The company is a current subsidiary of Hudson's Bay Company, which may influence its climate commitments and reporting practices. As of now, Saks Fifth Avenue has not publicly disclosed any reduction targets or specific climate initiatives. The absence of emissions data and reduction commitments suggests that the company may still be in the early stages of developing a comprehensive sustainability strategy. Given the increasing focus on climate action within the retail sector, it is anticipated that Saks Fifth Avenue will align its practices with industry standards and expectations in the future.
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.
Saks Fifth Avenue LLC 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.
