Richemont
Sustainability Report and Carbon Intensity Rankings
Is Richemont doing their part?
Their DitchCarbon score is 68
Richemont has a DitchCarbon Score of 68, indicating a moderate level of sustainability in their operations. This score reflects the company’s efforts to reduce its carbon intensity, suggesting they are taking significant steps towards lowering their emissions. A higher score would denote even greater achievements in minimizing their carbon footprint.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
Richemont operates in the services industry, which has a very low carbon intensity ranking compared to other industries. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
Richemont operates in Switzerland, which has a very low carbon intensity rating, indicating a cleaner energy grid. This favorable environmental context supports Richemont’s sustainability efforts by reducing the carbon footprint associated with their operations.
Unlock 30+ emissions data points on Richemont
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– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
Unlock 30+ emissions data points on Richemont
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
24.15%
...this company is doing 24.15% better in emissions than the industry average.
Founded in 1988 and headquartered in the Grand Genève area, Richemont operates as a prominent player in the luxury goods industry. The company boasts a portfolio of leading brands specializing in jewellery, luxury watches, and writing instruments, including Cartier, Van Cleef & Arpels, and Montblanc. Richemont’s services extend to the design, manufacture, distribution, and retail of high-end luxury products.
emission intelligence's platform recommendations for Richemont
Richemont should explore opportunities for fuel switching in transportation and operations to potentially reduce their emissions by 15%.
Good news, Richemont has embraced SBTi climate action commitments
Richemont has established Science Based Targets initiative (SBTi) commitments aimed at significantly reducing their greenhouse gas emissions from company operations, which include both direct emissions and indirect emissions from purchased energy. These targets align with the ambitious goal of limiting global temperature rise to 1.5°C above pre-industrial levels.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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