Valentino Fashion Group S.p.A. Sustainability Profile
Valentino Fashion Group S.p.A., commonly known as Valentino, is a prestigious Italian luxury fashion house headquartered in Rome, Italy. Founded in 1960 by designer Valentino Garavani, the brand has established itself as a leader in the haute couture and ready-to-wear segments of the fashion industry. With a strong presence in Europe, Asia, and the Americas, Valentino is renowned for its exquisite craftsmanship and innovative designs. The company offers a diverse range of products, including high-end clothing, accessories, and fragrances, distinguished by their bold aesthetics and timeless elegance. Valentino's commitment to quality and artistry has earned it a prominent position in the luxury market, with notable achievements such as its iconic Rockstud collection. As a symbol of sophistication, Valentino continues to shape the fashion landscape while appealing to discerning clientele worldwide.
DitchCarbon Score
How does Valentino Fashion Group S.p.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 Textile Manufacturing 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
Valentino Fashion Group S.p.A.'s score of 26 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Valentino Fashion Group S.p.A.'s reported carbon emissions
In 2024, Valentino Fashion Group S.p.A. reported total carbon emissions of approximately 228,537,000 kg CO2e across all scopes. This includes Scope 1 emissions of about 2,285,370 kg CO2e, Scope 2 emissions of approximately 54,709,000 kg CO2e (market-based), and significant Scope 3 emissions totalling around 236,002,000 kg CO2e. The Scope 3 emissions breakdown reveals substantial contributions from purchased goods and services (about 69,737,000 kg CO2e) and upstream transportation and distribution (approximately 27,981,000 kg CO2e). In comparison, the company's emissions in 2022 were approximately 254,928,000 kg CO2e, with Scope 1 emissions at about 2,352,000 kg CO2e, Scope 2 emissions (market-based) at around 5,596,000 kg CO2e, and Scope 3 emissions reaching approximately 246,980,000 kg CO2e. This indicates a slight reduction in total emissions over the two-year period. Valentino has set ambitious reduction targets for its emissions. For Scope 1, the company aims to reduce emissions from about 265,407 kg CO2e in 2022 to 212,203 kg CO2e by 2030, representing a 20% reduction. For Scope 2, the target is even more aggressive, with a goal to decrease market-based emissions from approximately 70,001 kg CO2e in 2022 to just 3,940 kg CO2e by 2030, equating to a remarkable 94.4% reduction. These commitments reflect Valentino's dedication to addressing climate change and reducing its carbon footprint in line with industry standards. The company has not reported any SBTi targets or cascaded data from a parent organization, indicating that its emissions data and reduction initiatives are independently sourced.
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| 2021 | 2022 | 2024 | |
|---|---|---|---|
| Scope 1 | 2,915,000 | 0,000,000 | 000,000,000 |
| Scope 2 | 5,069,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 255,104,000 | 000,000,000 | 000,000,000 |
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Valentino Fashion Group S.p.A.'s Scope 3 Categories Breakdown
Valentino Fashion Group S.p.A.'s Scope 3 emissions, which decreased by 4% last year and decreased by approximately 7% since 2021, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 45% of total emissions under the GHG Protocol, with "Investments" being the largest emissions source at 33% of Scope 3 emissions.
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Valentino Fashion Group S.p.A.'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.
Valentino Fashion Group S.p.A. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
