Societe Anonyme des Galeries Lafayette, S.A.

Societe Anonyme des Galeries Lafayette, S.A. (FR), operating in the retail trade services industry, has demonstrated commitments to reducing its carbon footprint. In 2021, the company reported Scope 3 emissions totalling approximately 1.24 million kg CO2e, specifically from upstream transportation and distribution. For 2020, Scope 1 emissions were approximately 1.95 million kg CO2e, with mobile combustion accounting for about 263,000 kg CO2e, and Scope 3 emissions from business travel were approximately 217,000 kg CO2e.

The company has set ambitious science-based targets (SBTs) aligned with a 1.5°C warming scenario. These include a commitment to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 42% by 2030, using a 2022 base year. Furthermore, Galeries Lafayette aims to reduce absolute Scope 3 GHG emissions from purchased goods and services by 25% by 2030, also from a 2022 base year. To support these Scope 3 reductions, the company is also working to engage its supply chain, committing that 60% of its suppliers by spend for purchased goods and services will have science-based targets by 2028, and 75% of its suppliers by revenue (covering optional purchased goods and services emissions) will have science-based targets by the same year.

In terms of achievements, the company reported a 37% reduction in its upstream emissions by the end of 2022, compared to 2019. This reduction was attributed to a strategic focus on utilising maritime and river freight and improving the environmental quality of road transport, despite global supply chain challenges in 2022.

This emissions data and reduction targets are directly reported by Societe Anonyme des Galeries Lafayette, S.A.