Signet Jewelers
Signet Jewelers Limited, a leading name in the global jewellery industry, is headquartered in Hamilton, Bermuda, with significant operations across North America and the UK. Founded in 1949, the company has established itself as a prominent retailer, operating well-known brands such as Kay Jewelers, Zales, and Jared. Specialising in fine jewellery, watches, and engagement rings, Signet is recognised for its commitment to quality and craftsmanship. The company has achieved notable milestones, including its expansion into e-commerce and a focus on ethical sourcing practices. With a strong market position, Signet Jewelers continues to innovate, offering unique products that resonate with customers seeking both luxury and value.
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 43 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Signet Jewelers's reported carbon emissions
In 2023, Signet Jewelers reported total carbon emissions of approximately 74,100 tonnes CO2e. This figure includes 6,700 tonnes from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 47,690 tonnes from Scope 2 emissions, primarily related to purchased electricity. Additionally, Scope 3 emissions accounted for about 19,710 tonnes CO2e, which include indirect emissions from the supply chain and other activities. Over recent years, Signet has demonstrated a commitment to reducing its carbon footprint. From 2022 to 2023, the company achieved a reduction in total emissions from approximately 73,296 tonnes CO2e to 74,100 tonnes CO2e, indicating a focus on improving operational efficiency and sustainability practices. Despite these reductions, there are currently no publicly stated reduction targets or specific climate pledges from Signet Jewelers. The company continues to navigate the challenges of carbon emissions within the jewellery industry, which often faces scrutiny regarding environmental impact. As the industry evolves, Signet's ongoing efforts to monitor and manage its emissions will be crucial in aligning with global climate goals.
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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 |
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 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.
