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 48 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 6,700,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 47,690,000 kg CO2e from Scope 2 emissions, primarily related to purchased electricity. Additionally, Scope 3 emissions, which cover indirect emissions from the value chain, amounted to 19,710,000 kg CO2e. Over the years, Signet has made notable progress in reducing its carbon footprint. For instance, emissions decreased from about 130,181,000 kg CO2e in 2016 to the latest figure in 2023, reflecting a significant commitment to sustainability. However, the company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other formal climate pledges. Overall, Signet Jewelers is actively working towards minimising its environmental impact, although further details on specific reduction strategies or future commitments remain unspecified.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 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.