Societe Anonyme des Galeries Lafayette, S.A.

Societe Anonyme des Galeries Lafayette, S.A. (France, Retail trade services) has set ambitious climate targets aligned with a 1.5°C warming pathway. By 2030, the company commits to a 42% reduction in absolute Scope 1 and 2 greenhouse gas (GHG) emissions from a 2022 base year. Furthermore, they aim to reduce absolute Scope 3 GHG emissions from purchased goods and services by 25% over the same period. To achieve these goals, Galeries Lafayette is also engaging its supply chain, with commitments that 60% of suppliers by spend for purchased goods and services will have science-based targets by 2028, and 75% of suppliers by revenue for optional purchased goods and services emissions will have science-based targets by 2028.

In terms of reported emissions, Scope 1 emissions for mobile combustion were approximately 263,000 kg CO2e in 2020, and total Scope 1 emissions were approximately 1,950,000 kg CO2e in the same year. Scope 3 emissions for business travel were approximately 217,000 kg CO2e in 2020, and upstream transportation and distribution emissions were approximately 1,243,000 kg CO2e in 2021.

The company reported a 37% reduction in emissions by the end of 2022, attributed to a proactive strategy focusing on maritime and river freight, as well as improvements in road transport. This reduction was achieved despite global supply chain challenges in 2022.

The emissions data and reduction targets are inherited from Societe Anonyme des Galeries Lafayette, S.A. at cascade level 0.