The Foschini Group Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04-01 to 2024-03-31🗂️ Report periods on file: 2023-04-01 to 2024-03-31, 2022, 2020, 2019, 2018, 2017

In its 2023-04-01 to 2024-03-31 reporting, The Foschini Group Limited disclosed greenhouse gas emissions of 513.6K tCO2e/year. By scope: Scope 1: 10.0K tCO2e/year; Scope 2: 206.9K tCO2e/year; Scope 3: 296.6K 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
513.6K tCO2e/year
2023-04-01 to 2024-03-31
⚡
Renewable Energy
69%
of total energy
♻️
Waste
627.5K kg/year
2023-04-01 to 2024-03-31

📊 Emissions by Scope (2023-04-01 to 2024-03-31)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).10.0K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.206.9K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).296.6K 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
2023-04-01 to 2024-03-31513.6K tCO2e/year
2022242.2K tCO2e
2020289.5K tCO2e (TFG Africa)
2019220.8K tCO2e (TFG Africa)
2018237.9K tonnes CO2e
2017226.9K tCO2e/year (2016)

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

  • 50% sustainable cotton by 2026

📅 Medium-term

  • 80% of top five materials to more responsible and lower impact alternatives by 2030
  • Reduce absolute scope 1 and 2 emissions (market-based) by 95% by 2030 from a 2019 base year
  • Increase annual sourcing of renewable electricity from 0% in 2019 to 100% by 2030
  • Reduce absolute scope 3 GHG emissions from purchased goods and services and upstream transportation and distribution with 30% by 2030

🔭 Long-term

  • Net-zero emissions

🌱 ESG Focus Areas

Supply ChainPeople and CommunitiesProduct StewardshipEnvironmentGovernance

⚠️ Challenges & Risks +

  • Supply chain volatility due to climate change or other factors may reduce availability of raw materials.
  • Cost-push inflation from the transition to more responsible, lower-impact alternatives and input material substitution.
  • Resource scarcity, and availability of appropriate sustainable product packaging alternatives due to increased demand.
  • Risk of labour and human rights abuses, including poor working conditions which may impact our ability to source products as well as reputational, health and safety risks.
  • Availability of traditional chemicals, dyes and of non-hazardous alternatives as the industry transitions to more responsible processing.
  • Skills shortages in design could limit our ability to reach empowerment targets in South Africa.
  • Erosion of seasonality due to climate change impact e.g., mean temperatures and length of season.
  • The transition to lower environmental impact production processes, which may require investment in technology e.g., laser machinery.
  • Physical climate risk due to weather events such as floods, fires, and extreme temperatures may impact productivity at our production facilities and those of our suppliers.
  • The risk of modern slavery, human rights abuses and negative environmental impact, heightened by our reliance on key suppliers or specific regions.

📋 Report Information

Reporting Period: 2023-04-01 to 2024-03-31
Frameworks: Integrated Reporting Framework, International Financial Reporting Standards (IFRS), King IV Report on Corporate Governance, JSE Limited (JSE) Listings Requirements, Companies Act of South Africa, JSE Sustainability Disclosure Guidance, United Nations (UN) Sustainable Development Goals (SDGs), Task Force on Climate-related Financial Disclosures (TCFD), CDP