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'title' => 'ENVIRONMENTAL PROFIT AND LOSS ACCOUNTING',
'url' => 'https://equilibrium.gucci.com/environmental-profit-and-loss-accounting/'
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"Scope 3: Upstream transportation and distribution (8.9%)",
"Scope 3: Activities not included in Scope 1 or 2 (1.8%)",
"Scope 3: Purchased goods and services (72.2%)",
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Backed by science, our climate strategy drives transformative change across our value chain. The proof is in the data and we account for all our environmental impacts, reducing them through measurable actions each and every day.
To give us better insights on how and where we can reduce our environmental impacts, we’ve been measuring them through our Environmental Profit and Loss (EP&L) account every year. The EP&L analysis starts from raw material production deep in our supply chain all the way to product consumer use and end of life, capturing GHG emissions, water and air pollution, water consumption, waste, and land use. Following all our reduction efforts, the results of our 2022 EP&L are detailed in the table.
Use phase & End of Life |
Tier 0 | Tier 1 | Tier 2 | Tier 3 | Tier 4 | ||
11% | 7% | 4% | 8% | 9% | 61% | ||
Air emissions | 9% | ||||||
GHGs | 41% | ||||||
Land use | 30% | ||||||
Waste | 4% | ||||||
Water consumption |
5% | ||||||
Land use | 11% | ||||||
Use phase & End of Life |
Tier 0 | Tier 1 | ||
11% | 7% | 4% | ||
Air emissions | 9% | |||
GHGs | 41% | |||
Land use | 30% | |||
Waste | 4% | |||
Water consumption |
5% | |||
Land use | 11% | |||
Tier 2 | Tier 3 | Tier 4 | ||
8% | 9% | 61% | ||
Air emissions | 9% | |||
GHGs | 41% | |||
Land use | 30% | |||
Waste | 4% | |||
Water consumption |
5% | |||
Land use | 11% | |||
GHG emissions and land use are the most impactful environmental indicators, together representing 71% of Gucci’s EP&L total impact. Raw material production and processing in Tiers 3 and 4 account for 70% of Gucci’s value chain footprint.
Through our parent company Kering, we’ve set science-based climate targets and committed to reduce our greenhouse gas emissions in alignment with a 1.5°C pathway. We’re reducing our absolute greenhouse gas emissions in scopes 1 and 2 of the Greenhouse Gas Protocol by -90% and our scope 3 emissions by -70% per unit of value added by 2030, from a 2015 baseline. In 2022, we made good progress to reach these goals, achieving a -68% absolute reduction in scopes 1 and 2, with a -55% intensity reduction in scope 3. A year-on-year comparison is captured in a table followed by a breakdown of scope 3 emissions across categories.
2021 | 2022 | |
SCOPE 1 | 11,144 | 11,828 |
SCOPE 2 | 5,193 | 4,185 |
SCOPE 3 | 1,073,391 | 1,052,603 |
TOTAL | 1,089,728 | 1,068,617 |