Superdry

Superdry's Climate Commitments and Emissions Data

Superdry, a leading company in the wearing apparel and furs industry, is committed to reducing its environmental impact and achieving net-zero emissions. The company has set ambitious climate targets, including reaching net-zero GHG emissions across its value chain by FY2040.

Carbon Emissions Overview:

In the reporting year ending in 2024, Superdry reported total global greenhouse gas (GHG) emissions of approximately 134,896,000 kg CO2e. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions.

• Scope 1 Emissions: Direct emissions from owned or controlled sources.
• Scope 2 Emissions: Indirect emissions from the generation of purchased electricity, steam, heating, and cooling. For the 2024 reporting period, Scope 2 emissions were approximately 4,096,000 kg CO2e (location-based).
• Scope 3 Emissions: All other indirect emissions that occur in the value chain of the reporting company, including both upstream and downstream emissions. For 2024, Scope 3 emissions were approximately 190,656,000 kg CO2e. The largest contributors within Scope 3 were purchased goods and services (approximately 118,610,000 kg CO2e) and the use of sold products (approximately 52,546,000 kg CO2e).

Previous Reporting Years:

• 2023: Total emissions were approximately 190,690,000 kg CO2e, with Scope 3 emissions being the largest component at approximately 264,235,000 kg CO2e. Scope 2 emissions were approximately 4,572,000 kg CO2e (location-based).
• 2022: Total emissions were approximately 241,882,000 kg CO2e. Scope 3 emissions were approximately 336,402,000 kg CO2e, and Scope 2 emissions were approximately 4,787,000 kg CO2e (location-based).
• 2021: Total emissions were approximately 269,083,000 kg CO2e. Scope 1 and 2 emissions were approximately 4,977,000 kg CO2e (location-based). Scope 3 emissions data was not fully disclosed for this year.
• 2020: Total emissions were approximately 321,906,000 kg CO2e. Scope 3 emissions were the most significant, at approximately 438,518,000 kg CO2e, with purchased goods and services accounting for a substantial portion. Scope 2 emissions were approximately 7,622,000 kg CO2e (location-based).
• 2018: Scope 2 emissions were approximately 9,197,000 kg CO2e (location-based), and Scope 3 emissions were approximately 72,790,000 kg CO2e.

Climate Commitments and Reduction Targets:

Superdry has established several key climate targets:

• Net-Zero by 2040: The company aims to achieve net-zero greenhouse gas (GHG) emissions across its entire value chain by FY2040.
• Near-Term Targets (aligned with 1.5°C pathways):
  • A reduction of absolute Scope 1 and 2 GHG emissions by 83.65% by FY2030, using FY2020 as the base year.
  • A commitment to reducing absolute Scope 3 GHG emissions by 50% by FY2030 from the FY2020 baseline.
  • Continued annual sourcing of 100% renewable electricity through FY2030.
• Earlier Achievements: Superdry achieved a 97% reduction in its direct carbon emissions (Scopes 1 & 2) between 2014 and 2021, and was recognised in the Financial Times Climate Leaders list in 2021. They also reduced their Scope 2 emissions by 95% between FY17 and FY21, largely by exclusively using renewable electricity.

These commitments demonstrate Superdry's dedication to climate action within the wearing apparel sector.