Signet Jewelers Limited, a leading name in the global jewellery industry, is headquartered in the United States, with significant operations across North America and the UK. Founded in 1949, Signet has established itself as a powerhouse in retail jewellery, operating well-known brands such as Kay Jewelers, Zales, and Jared. The company is renowned for its extensive range of fine jewellery, including engagement rings, watches, and personalised gifts, distinguished by exceptional craftsmanship and innovative designs. With a commitment to quality and customer satisfaction, Signet has achieved notable milestones, including being one of the largest diamond retailers in the world. As a market leader, Signet Jewelers continues to set trends in the jewellery sector, combining tradition with modern retail practices to enhance the customer experience.
How does Signet Jewelers'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.
Signet Jewelers's score of 46 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Signet Jewelers reported total carbon emissions of approximately 74,100,000 kg CO2e. This figure includes Scope 1 emissions of about 6,700,000 kg CO2e, primarily from stationary combustion and mobile combustion, and Scope 2 emissions of around 47,690,000 kg CO2e from purchased electricity. Additionally, their Scope 3 emissions totalled approximately 19,710,000 kg CO2e, with significant contributions from purchased goods and services, as well as waste generated in operations. Over the years, Signet has demonstrated a commitment to reducing its carbon footprint. From 2015 to 2023, the company has achieved a notable reduction in total emissions, decreasing from approximately 115,325,000 kg CO2e in 2015 to 74,100,000 kg CO2e in 2023. This represents a significant reduction of about 36% over the eight-year period. Despite these achievements, there are currently no specific reduction targets or climate pledges disclosed by Signet Jewelers. The company continues to navigate the complexities of carbon emissions within the jewellery industry, focusing on improving sustainability practices and reducing its overall environmental impact.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 5,879,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 100,682,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 8,765,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Signet Jewelers 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.