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CO₂ Emissions of the World’s Biggest Fashion Brands

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The global fashion industry is responsible for significant CO₂ emissions, water consumption, and landfill waste, according to the UN Environment Programme. 

This graphic by Selin Oğuz explores one aspect of that environmental footprint—CO₂ emissions—by visualizing the emissions of the world’s largest publicly-listed fashion companies, using their company sustainability reports. 

What Are The World’s Biggest Fashion Brands?  

Here are the world’s largest publicly listed fashion companies by market cap as of March 16, 2024, and some of the brand names in their arsenals.  

CompanySelect owned companies

LVMHLouis Vuitton, Dior, GIVENCHY

InditexZara, Pull&Bear, Massimo Dutti

NikeConverse, Jordan

TJX CompaniesT.J. Maxx, Marshalls, HomeGoods

Fast RetailingUniqlo

Cintas/

Lululemon/

KeringGucci, Saint Laurent, Bottega Veneta

Ross StoresRoss Dress for Less

AdidasRuntastic

H&MCOS, ARKET, H&M Home

Together, the above companies are worth more than $1.2 trillion in market capitalization. They also accounted for 73 million metric tons of CO₂ equivalent (CO₂e) emissions in 2022, which is comparable to Morocco’s total emissions in 2023.

Carbon Footprints of the Fashion Giants

In 2022, Nike, Inditex, and Adidas were among the largest contributors to emissions worldwide, among fashion companies. 

A significant amount of this consisted of scope 3 emissions, which are indirect emissions that occur up and downstream of a company’s operations. Some examples of scope 3 emissions are those resulting from the production of raw materials and disposal of products after use.

CompanyReporting time frame Scope 1 EmissionsScope 2 EmissionsScope 3 EmissionsTotal Emissions (Metric tons of CO₂e)

NikeJune 1, 2021–May 31, 202250,868248,93517,922,22618,222,029

InditexFebruary 1, 2022–January 31, 202311,232451,43017,223,48617,686,148

AdidasJanuary 1, 2022–December 31, 202221,856142,2937,527,4987,691,647

H&MDecember 1, 2021–November 30, 202223,056511,5337,092,9887,627,577

LVMHJanuary 1, 2022–December 31, 202267,393654,7906,135,0006,857,183

Fast RetailingSeptember 1, 2021–August 31, 20229,738445,1605,740,8726,195,770

KeringJanuary 1, 2022–December 31, 202221,660105,9582,813,2252,940,843

CintasJune 1, 2021–May 31, 2022Breakdown unavailable Breakdown unavailable Breakdown unavailable 1,823,972

lululemonJanuary 1, 2022–December 31, 20223,91024,9501,691,0081,719,868

TJX CompaniesFebruary 1, 2022–January 31, 2023128,4501,039,21961,8001,229,469

Ross StoresFebruary 1, 2022–January 31, 202329,832481,229100,604611,665

It’s important to note that scope 3 emissions are known for being difficult to measure. This may give way to the possibility that some companies present underreported numbers in their sustainability reports. 

The post Carbon Emissions of the World’s Biggest Fashion Brands appeared first on Visual Capitalist.

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