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 69% 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 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 the year 2030, using 2021 as the baseline year. These targets are aligned with science-based methodologies, ensuring that the reductions are consistent with the global goal of limiting temperature rise to 1.5°C. In terms of regional emissions, Steve Madden's Scope 1 and 2 emissions for the US were reported at approximately 3,561,000 kg CO2e, while Canada reported about 619,000 kg CO2e, the Netherlands at 92,000 kg CO2e, and Mexico at 269,000 kg CO2e. The emissions data reflects the company's operational footprint across various regions, highlighting the need for targeted reduction strategies. Overall, Steve Madden's commitment to reducing its carbon footprint demonstrates a proactive approach to addressing climate change within the textiles and footwear industry.
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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 |
How Carbon Intensive is Steve Madden's Industry?
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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.
Top Scope 3 Categories
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.
