Signet Jewelers
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Signet Jewelers's score of 53 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Signet Jewelers's reported carbon emissions
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 totalled about 19,710,000 kg CO2e, which includes emissions from the supply chain and other indirect sources. Over the years, Signet has made notable progress in reducing its carbon footprint. For instance, emissions decreased from approximately 130,181,000 kg CO2e in 2016 to the latest figure in 2023, reflecting a significant commitment to sustainability. However, the company has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. Signet's emissions profile indicates a reliance on electricity, with Scope 2 emissions consistently representing the largest portion of their total emissions. The company continues to focus on improving its sustainability practices, although detailed reduction strategies remain unspecified.
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| 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 |
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.
Signet Jewelers 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.
