Public Profile

Skagen

Skagen, officially known as Skagen Designs, is a renowned Danish watch and accessories brand headquartered in Denmark (DK). Founded in 1989, the company has established itself as a leader in the fashion industry, particularly in the design and production of minimalist timepieces and stylish jewellery. Skagen is celebrated for its commitment to quality craftsmanship and Scandinavian aesthetics, offering products that blend functionality with elegance. With a strong presence in Europe and North America, Skagen has achieved notable milestones, including the launch of innovative collections that reflect contemporary trends. The brand's core offerings, including watches, bags, and home décor, are distinguished by their sleek designs and sustainable materials. Skagen's market position is reinforced by its dedication to timeless style and affordability, making it a preferred choice for consumers seeking modern sophistication.

DitchCarbon Score

How does Skagen'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.

27

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.

27

Industry Benchmark

Skagen's score of 27 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.

76%

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Skagen's reported carbon emissions

In 2022, Skagen reported total carbon emissions of approximately 600,000 kg CO2e, comprising 100,000 kg CO2e from Scope 1, 200,000 kg CO2e from Scope 2, and 300,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions included about 150,000 kg CO2e attributed to purchased goods and services. Comparatively, in 2021, Skagen's emissions were about 540,000 kg CO2e, with 90,000 kg CO2e from Scope 1, 180,000 kg CO2e from Scope 2, and 270,000 kg CO2e from Scope 3. The trend shows an increase in emissions from 2021 to 2022, indicating a need for enhanced climate action. Skagen has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of defined targets suggests that while emissions data is available, a structured approach to reducing carbon footprints may still be in development. Overall, Skagen's emissions profile highlights the importance of addressing both direct and indirect emissions to meet future climate commitments effectively.

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202020212022
Scope 1
80,000
00,000
000,000
Scope 2
160,000
000,000
000,000
Scope 3
240,000
000,000
000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Skagen's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Skagen is in DK, which has a low grid carbon intensity relative to other regions.

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.

Skagen 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

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