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  2. Societe Anonyme des Galeries Lafayette, S.A.
Public Profile
Retail Trade Services
FR
updated 2 months ago

Societe Anonyme des Galeries Lafayette, S.A.

Company website

Societe Anonyme des Galeries Lafayette, S.A., commonly known as Galeries Lafayette, is a prominent French retail company headquartered in Paris, France. Established in 1893, the company has evolved into a leading player in the department store industry, renowned for its diverse range of luxury and fashion products. With a strong presence in major cities across France and internationally, Galeries Lafayette offers an extensive selection of clothing, accessories, and home goods, distinguished by its commitment to quality and innovation. The company has achieved significant milestones, including the expansion of its flagship store on Boulevard Haussmann, which attracts millions of visitors annually. Galeries Lafayette is celebrated for its unique shopping experience, combining high-end brands with exclusive collaborations, positioning itself as a trendsetter in the retail landscape. With a focus on sustainability and customer engagement, the company continues to solidify its market position as a leader in the luxury retail sector.

DitchCarbon Score

How does Societe Anonyme des Galeries Lafayette, S.A.'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.

30

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.

28

Industry Benchmark

Societe Anonyme des Galeries Lafayette, S.A.'s score of 30 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

54%

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Societe Anonyme des Galeries Lafayette, S.A.'s reported carbon emissions

In 2020, Societe Anonyme des Galeries Lafayette, S.A. reported total greenhouse gas emissions of approximately 12,357,000 kg CO2e for Scope 1, 12,230,000 kg CO2e for Scope 2, and 4,535,000 kg CO2e for Scope 3. The company has made significant strides in reducing its carbon footprint, achieving a 37% reduction in Scope 3 emissions from 2019 to 2022, attributed to proactive measures in maritime and fluvial freight systems and improvements in road transport quality, despite global supply chain challenges. Looking ahead, Galeries Lafayette has set ambitious targets through the Science Based Targets initiative (SBTi). The company commits to a 42% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2022 as the base year. Additionally, it aims for a 25% reduction in Scope 3 emissions from purchased goods and services by the same year. Furthermore, Galeries Lafayette plans for 60% of its suppliers by spend to have science-based targets by 2028, and 75% of its suppliers by revenue to cover optional purchased goods and services emissions with science-based targets by 2028. This commitment to sustainability and emissions reduction reflects the company's dedication to addressing climate change and aligns with industry standards for responsible corporate behaviour. The emissions data and reduction targets are cascaded from the parent company, Societe Anonyme des Galeries Lafayette, S.A.

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2020
Scope 1
12,357,000
Scope 2
12,230,000
Scope 3
4,535,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Societe Anonyme des Galeries Lafayette, S.A.'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 Societe Anonyme des Galeries Lafayette, S.A. is in FR, which has a very 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.

Societe Anonyme des Galeries Lafayette, S.A. is participating in some 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

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