Asos

Asos's reported carbon emissions

ASOS plc, a UK-based company in the wearing apparel and furs industry, reported its carbon emissions for several years. In 2023, ASOS recorded a total of approximately 5.681 million kg CO2e for Scope 1 and 2 emissions (market-based). For the same year, Scope 1 emissions were approximately 2.785 million kg CO2e, and Scope 2 emissions from purchased electricity were about 2.896 million kg CO2e. In 2022, ASOS's total Scope 1 and 2 emissions (market-based) were approximately 6.211 million kg CO2e. Scope 1 emissions for that year amounted to about 3.351 million kg CO2e, with Scope 2 from purchased electricity at approximately 2.860 million kg CO2e. Additionally, Scope 3 emissions in 2022 were reported as approximately 1.739 billion kg CO2e. Looking back, in 2021, total emissions were approximately 15.136 billion kg CO2e. This included Scope 1 emissions of about 3.596 million kg CO2e, and Scope 2 (market-based) emissions of approximately 3.150 million kg CO2e. Scope 3 emissions in 2021 were around 1.507 billion kg CO2e, with significant contributions from purchased goods and services (approximately 908.377 million kg CO2e) and upstream transportation and distribution (approximately 215.192 million kg CO2e). ASOS has set several ambitious climate commitments. By 2030, ASOS aims to achieve net zero carbon emissions across its entire value chain. Furthermore, the company has committed to reducing its Scope 1 and 2 emissions intensity per order by 87% by 2030, compared to a 2018/19 baseline. A key component of this strategy involves increasing the sourcing of renewable electricity to 100% by 2025/26. For Scope 3 emissions, specifically from purchased goods and services and upstream transportation and distribution, ASOS aims for a 58.2% reduction per million pounds of value by 2030/31, also against a 2018/19 baseline. More recently, specific targets include a 45% reduction in absolute Scope 1 and 2 emissions by FY2030 from a FY2022 baseline, and a 42% reduction in absolute Scope 3 emissions from purchased goods and services and upstream transportation and distribution by FY2030 from a FY2022 baseline. ASOS also has a long-term commitment to reach net-zero greenhouse gas emissions across its value chain by FY2050.