Chanel SRL 2023 SR
The report highlights Chanel's progress toward its sustainability ambitions during the 2023 fiscal year, specifically focusing on its climate action plan. A major milestone was the validation of the company's net-zero target for 2040 by the Science Based Targets initiative (SBTi). The company achieved a 98% shift to renewable electricity in its own operations and saw a decrease in its total carbon footprint. Additionally, Chanel advanced its circularity efforts, notably increasing recycled gold sourcing to 87% in its Watches & Fine Jewellery business. The report also details partnerships aimed at restoring nature and promoting social dignity across the supply chain.
Company: Chanel SRL
Year: 2023
Type: SR
Pages: 26
Chanel SRL
Sustainability Performance Extract
The report highlights Chanel's progress toward its sustainability ambitions during the 2023 fiscal year, specifically focusing on its climate action plan. A major milestone was the validation of the company's net-zero target for 2040 by the Science Based Targets initiative (SBTi). The company achieved a 98% shift to renewable electricity in its own operations and saw a decrease in its total carbon footprint. Additionally, Chanel advanced its circularity efforts, notably increasing recycled gold sourcing to 87% in its Watches & Fine Jewellery business. The report also details partnerships aimed at restoring nature and promoting social dignity across the supply chain.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 3:
Renewable Energy
Net Zero Target