Steve Madden Sustainability Profile
Steve Madden, officially known as Steve Madden Ltd., is a prominent American footwear and accessories brand headquartered in the United States. Founded in 1990, the company has established itself as a leader in the fashion industry, particularly in the design and marketing of stylish footwear, handbags, and accessories. With a focus on contemporary trends, Steve Madden offers a diverse range of products that appeal to fashion-forward consumers. The brand is renowned for its unique blend of edgy designs and affordability, making it a favourite among young adults. Over the years, Steve Madden has achieved significant milestones, including expansion into international markets and collaborations with various celebrities. Today, it holds a strong market position, recognised for its innovative approach and commitment to quality, solidifying its status as a go-to brand for trendy footwear and accessories.
DitchCarbon Score
How does Steve Madden'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 Apparel Production 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
Steve Madden's score of 50 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Steve Madden's reported carbon emissions
In 2023, Steve Madden Ltd. reported total carbon emissions of approximately 572,191,000 kg CO2e globally. This figure includes 944,000 kg CO2e from Scope 1 emissions and 3,941,000 kg CO2e from Scope 2 emissions, with a significant contribution of about 571,247,000 kg CO2e from Scope 3 emissions, primarily from purchased goods and services. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 emissions by 50% and Scope 3 emissions from purchased goods and services by 30% by 2030, using 2021 as the baseline year. These targets are aligned with science-based methodologies, ensuring they contribute to limiting global warming to 1.5°C. In terms of regional emissions, in the US, Steve Madden reported approximately 3,561,000 kg CO2e in Scope 1 and 2 emissions, while in Canada, the figure was about 619,000 kg CO2e. Other regions, including the Netherlands, Mexico, and China, reported lower emissions, with totals of approximately 92,000 kg CO2e, 269,000 kg CO2e, and 493,000 kg CO2e, respectively. Overall, Steve Madden's commitment to reducing its carbon footprint reflects a proactive approach to sustainability within the textiles, apparel, footwear, and luxury goods sector.
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| 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 8,372,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 2 | - | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 |
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Steve Madden's Scope 3 Categories Breakdown
Steve Madden's Scope 3 emissions, which increased by 29% last year and increased by approximately 6% since 2021, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the primary emissions source at 86% of Scope 3 emissions.
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Steve Madden's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Steve Madden has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Steve Madden's sustainability data and climate commitments