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Societe Anonyme des Galeries Lafayette, S.A.
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.
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
Societe Anonyme des Galeries Lafayette, S.A.'s score of 30 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 purchased goods and services by the end of 2022, compared to a 2019 baseline. This reduction was facilitated by a proactive approach to maritime and fluvial freight, as well as improvements in the environmental quality of road transport. Looking ahead, Galeries Lafayette has set ambitious targets through the Science Based Targets initiative (SBTi). The company aims to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2022 as the base year. Additionally, it plans to cut Scope 3 emissions from purchased goods and services by 25% by the same year. Furthermore, Galeries Lafayette is committed to ensuring that 60% of its suppliers by spend will have science-based targets by 2028, and 75% of its suppliers by revenue will cover optional purchased goods and services emissions with science-based targets by 2028. This data is cascaded from the parent company, Societe Anonyme des Galeries Lafayette, S.A., reflecting its commitment to sustainability and climate action within the retail sector.
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| 2020 | |
|---|---|
| Scope 1 | 12,357,000 |
| Scope 2 | 12,230,000 |
| Scope 3 | 4,535,000 |
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.
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.
