GANT Holding AB

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023🗂️ Report periods on file: 2023, 2022, 2021, 2020, 2019

In its 2023 reporting, GANT Holding AB disclosed greenhouse gas emissions of 211.3K tCO2e/year. By scope: Scope 1: 1.9K tCO2e/year; Scope 2: 1.6K tCO2e/year; Scope 3: 209.4K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
211.3K tCO2e/year
2023
⚡
Renewable Energy
45%
of total energy
💧
Water Usage
14.0M m3/year
2023

📊 Emissions by Scope (2023)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.9K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.1.6K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).209.4K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023211.3K tCO2e/year
202296.7K tCO2e/year
2021105.5K tonnes CO2e/year
2020143.0K tonnes

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Source at least 50% renewable energy in operations by 2025
  • 100% of key materials responsibly sourced by 2025
  • 100% traceability on key raw materials by 2025
  • All polyester used recycled and certified by 2025

📅 Medium-term

  • Source 100% renewable energy in operations by 2030
  • Replace process chemicals in tier 2 with safer alternatives by 2026
  • Improved water quality results by 2028
  • Improve factory capacity to mitigate the risk of flooding by 2028
  • Phase out coal as an energy source in tier 1 and tier 2 by 2030

🔭 Long-term

  • Net-zero emissions by 2050

🌱 ESG Focus Areas

Climate ChangeWater StewardshipBiodiversityResponsible Material SourcingCircular EconomySupply Chain TransparencyHuman RightsLabor Standards

⚠️ Challenges & Risks +

  • Systemic challenges related to climate change, water, biodiversity, and equality
  • New regulations being developed and implemented
  • Significant environmental and social risks in the supply chain
  • High share of organic cotton in certain product categories not produced in initially planned volumes
  • Limited transparency and influence in the supply chain due to materials being sourced by suppliers
  • Increased energy use in stores due to more store area and decreased share of renewable energy in stores
  • Increased need for packaging and product returns in e-commerce
  • Reports mentioning suppliers sourcing cotton from Xinjiang province

📋 Report Information

Reporting Period: 2023
Frameworks: UN Global Compact, Science Based Targets initiative (SBTi), HIGG FEM, HIGG BRM, OECD Due Diligence Guidance, UN Guiding Principles on Business and Human Rights, EU Waste Hierarchy