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 20 is lower than 51% 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 2022, Valentino Fashion Group S.p.A. reported total carbon emissions of approximately 254,928,000 kg CO2e. This figure includes Scope 1 emissions of about 2,352,000 kg CO2e, Scope 2 emissions (market-based) of approximately 5,596,000 kg CO2e, and significant Scope 3 emissions totalling around 246,980,000 kg CO2e. The Scope 3 emissions breakdown reveals substantial contributions from purchased goods and services (about 188,723,000 kg CO2e) and downstream transportation and distribution (approximately 22,540,000 kg CO2e). Comparatively, in 2021, the company’s total emissions were about 263,088,000 kg CO2e, indicating a reduction of approximately 8,160,000 kg CO2e year-on-year. This reduction is primarily attributed to decreases in Scope 1 and Scope 2 emissions, which were 2,915,000 kg CO2e and 5,069,000 kg CO2e (market-based), respectively, in 2021. Despite these reductions, Valentino Fashion Group S.p.A. has not set specific reduction targets or climate pledges, nor does it appear to have cascaded data from a parent organization. The company’s commitment to addressing climate change remains unclear, as no formal initiatives or targets have been documented.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 2,915,000 | 0,000,000 |
| Scope 2 | 5,069,000 | 0,000,000 |
| Scope 3 | 255,104,000 | 000,000,000 |
How Carbon Intensive is Valentino Fashion Group S.p.A.'s Industry?
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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 3% last year and decreased by approximately 3% 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 largest emissions source at 76% 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.
