Societe Anonyme des Galeries Lafayette, S.A.

Societe Anonyme des Galeries Lafayette, S.A., a French retail trade services company, has actively reported its carbon emissions and committed to ambitious climate targets.

In 2021, the company reported Scope 3 emissions from upstream transportation and distribution of 1,243,000 kg CO2e. For 2020, reported emissions included Scope 1 from mobile combustion at 263,000 kg CO2e and Scope 3 from business travel at 217,000 kg CO2e. The total Scope 1 emissions for 2020 were 1,950,000 kg CO2e. No emissions data is available for 2019 or 2018.

Societe Anonyme des Galeries Lafayette, S.A. has set Science Based Targets initiative (SBTi) approved near-term targets. The company commits to reducing absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, from a 2022 base year. Additionally, it aims to reduce absolute Scope 3 GHG emissions from purchased goods and services by 25% by 2030, also from a 2022 base year. The company further commits that 60% of its suppliers by spend, covering 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 2028.

As of the end of 2022, the company had achieved a 37% reduction in Scope 3 emissions compared to 2019, primarily due to proactive policies promoting maritime and river freight, and improving the environmental quality of road transport.