Societe Anonyme des Galeries Lafayette, S.A.
Societe Anonyme des Galeries Lafayette, S.A., commonly known as Galeries Lafayette, is a prominent French retail company headquartered in Paris, France. Established in 1893, the company has evolved into a leading player in the department store industry, renowned for its diverse range of luxury and fashion products. With a strong presence in major cities across France and internationally, Galeries Lafayette offers an extensive selection of clothing, accessories, and home goods, distinguished by its commitment to quality and innovation. The company has achieved significant milestones, including the expansion of its flagship store on Boulevard Haussmann, which attracts millions of visitors annually. Galeries Lafayette is celebrated for its unique shopping experience, combining high-end brands with exclusive collaborations, positioning itself as a trendsetter in the retail landscape. With a focus on sustainability and customer engagement, the company continues to solidify its market position as a leader in the luxury retail sector.
DitchCarbon Score
How does Societe Anonyme des Galeries Lafayette, S.A.'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.
Industry Average
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.
Industry Benchmark
Societe Anonyme des Galeries Lafayette, S.A.'s score of 32 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Societe Anonyme des Galeries Lafayette, S.A.'s reported carbon emissions
In 2023, Société Anonyme des Galeries Lafayette, S.A. reported significant carbon emissions, with a total of approximately 12,357,000 kg CO2e for Scope 1, 12,230,000 kg CO2e for Scope 2, and 4,535,000 kg CO2e for Scope 3 emissions. This reflects their ongoing commitment to addressing climate change through targeted reduction initiatives. The company has set ambitious goals to reduce its greenhouse gas emissions. By 2030, Galeries Lafayette aims to achieve a 42% reduction in absolute Scope 1 and 2 emissions from a 2022 baseline. Additionally, they are committed to reducing Scope 3 emissions from purchased goods and services by 25% within the same timeframe. Notably, they plan for 60% of their suppliers by spend to have science-based targets by 2028, and 75% of suppliers by revenue to meet similar standards. From 2019 to 2022, Galeries Lafayette successfully reduced its Scope 3 emissions by 37%, attributed to proactive measures in maritime and fluvial freight systems and improvements in the environmental quality of road transport, despite global supply chain challenges. These commitments align with industry standards for climate action, demonstrating Galeries Lafayette's dedication to sustainability and responsible retailing practices.
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| 2020 | |
|---|---|
| Scope 1 | 12,357,000 |
| Scope 2 | 12,230,000 |
| Scope 3 | 4,535,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Societe Anonyme des Galeries Lafayette, S.A. 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.
