Chanel, officially known as Chanel S.A., is a prestigious French luxury fashion house headquartered in London, GB. Founded in 1910 by the iconic designer Coco Chanel, the brand has become synonymous with elegance and innovation in the fashion industry. Chanel operates primarily in the luxury goods sector, focusing on haute couture, ready-to-wear apparel, accessories, and fragrances. Renowned for its timeless products, such as the classic Chanel No. 5 perfume and the iconic Chanel 2.55 handbag, the brand stands out for its commitment to quality and craftsmanship. With a strong market position, Chanel has achieved notable milestones, including the introduction of the first luxury ready-to-wear collection in the 1980s. Today, Chanel continues to influence global fashion trends while maintaining its legacy of sophistication and style.
How does Chanel'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.
Mean score of companies in the Retail Trade Services 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.
Chanel's score of 46 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Chanel reported total carbon emissions of approximately 1,235,661,000 kg CO2e. This includes Scope 1 emissions of about 24,365,000 kg CO2e, Scope 2 emissions of approximately 25,211,000 kg CO2e, and significant Scope 3 emissions amounting to around 1,023,284,000 kg CO2e. The Scope 3 emissions encompass various categories, with the largest contributions from purchased goods and services (approximately 548,478,000 kg CO2e) and capital goods (about 188,278,000 kg CO2e). Chanel has set ambitious climate commitments, aiming to halve its absolute Scope 1 and 2 emissions by 2030 from a 2018 baseline, which translates to a target of approximately 20,000,000 kg CO2e per year. Additionally, the company is committed to reducing its Scope 3 emissions per unit sold by 40%, equating to a 10% reduction in absolute terms by 2030. Long-term, Chanel aims for net-zero greenhouse gas emissions across its entire value chain by 2040. This includes a 90% reduction in absolute Scope 1 and 2 emissions and a 90% reduction in Scope 3 emissions by 2040, both from a 2021 baseline. Furthermore, Chanel has pledged to eliminate deforestation linked to its primary commodities by 2025. These commitments align with the Paris Agreement's goals, demonstrating Chanel's dedication to sustainability and climate action within the luxury goods sector.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | - | - | - | 00,000,000 | - | - | 00,000,000 |
Scope 2 | - | - | - | 00,000,000 | - | - | 00,000,000 |
Scope 3 | - | 000,000,000 | - | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Chanel is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.