Asos

ASOS, a UK-headquartered online fashion retailer, reported Scope 1 emissions of 2,785,000 kg CO2e and Scope 2 (market-based) emissions of 2,896,000 kg CO2e in 2023. Scope 3 emissions data for 2023 was not available.

In 2022, ASOS reported Scope 1 emissions of 3,351,000 kg CO2e, Scope 2 (market-based) emissions of 2,860,000 kg CO2e, and Scope 3 emissions of 1,738,708,000 kg CO2e. For 2021, the company's total emissions were approximately 1.51 billion kg CO2e, comprising Scope 1 emissions of 3,596,000 kg CO2e, Scope 2 (market-based) emissions of 3,150,000 kg CO2e, and Scope 3 emissions of approximately 1.507 billion kg CO2e. This includes significant Scope 3 contributions from purchased goods and services (908,377,000 kg CO2e), use of sold products (303,963,000 kg CO2e), and upstream transportation and distribution (215,192,000 kg CO2e).

ASOS has set ambitious climate commitments. The company aims for carbon neutrality in its direct operations (offices, fulfilment centres, deliveries, and returns) from 2025 for Scope 1 and Scope 2 emissions. Under its "Be Net Zero" initiative, ASOS plans to achieve net-zero carbon emissions across its entire value chain by 2030.

The company has Science Based Targets initiative (SBTi) validated targets. ASOS plc commits to reduce absolute Scope 1 and 2 GHG emissions by 87% per thousand orders fulfilled by FY2030/31 from a FY2018/19 base year. It also aims to increase annual sourcing of renewable electricity from 12% in FY2018/19 to 100% in FY2025/26. For Scope 3, ASOS plc commits to reduce absolute GHG emissions from purchased goods and services and upstream transportation and distribution by 58.2% on a per million pound value by FY2030/31 from a FY2018/19 base year. Furthermore, ASOS plc commits that 66% of its suppliers by emissions covering purchased goods and services will have set SBTs by FY2025/26.

More recently, ASOS Plc has updated its SBTi commitments with near-term targets to reduce absolute Scope 1 and 2 GHG emissions by 45% by FY2030 from a FY2022 base year, and absolute Scope 3 GHG emissions from purchased goods and services and upstream transportation and distribution by 42% by FY2030 from a FY2022 base year. The company also has long-term net-zero targets to reduce absolute Scope 1, 2, and 3 GHG emissions by 90% by FY2050 from a FY2022 base year, aiming to reach net-zero greenhouse gas emissions across the value chain by FY2050.