- Subdued H1 trading environment due to rising cost-of-living pressures.
- Subdued H2 trading environment in wholesale channel for CTC.
- Instability in the AU wholesale channel for CTC.
- Increased discounting from competitors.
- Pandemic Events
- Competition
- Fashion trends and consumer preferences
- Branded supplier relationships
- Product sourcing
- Cyber attacks
Universal Store Holdings Limited
Greenhouse gas emissions & sustainability report data
In its 2024 reporting, Universal Store Holdings Limited disclosed greenhouse gas emissions of 28.6 kt CO2e. By scope: Scope 1: 1.6 kt CO2e; Scope 3: 27 kt CO2e. 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
28.6 kt CO2e
2024
📊 Emissions by Scope (2024)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.6 kt CO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 27 kt CO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2024 | 28.6 kt CO2e |
| 2023 | 19.2 kt CO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved 51% diversion from landfill from Support Office and DC operations.
- 100% of bags and online mailers are reusable, recyclable or compostable by 2025 (on track).
- Adopted a new Sustainable Packaging Policy.
- Procured over 1.3 million units of Preferred Fibre product across Universal Store’s brands and Thrills.
- Met target of procuring at least 50% of all cotton from certified sources by 2025 (55%).
- 100% of stores equipped with energy efficient LED lights (on track).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Targeting zero waste to landfill from DC operations by 2030.
- 100% of bags and online mailers are reusable, recyclable or compostable by 2025.
- Procure at least 50% of polyester from certified recycled sources by 2028.
- To have one million customer education touchpoints on responsible use and care of garments by 2025.
📅 Medium-term
- 2030 emission reduction targets are being refined.
- Maximise the proportion of electricity for our support office and DC from renewable sources by 2025.
🌱 ESG Focus Areas
Tread LightlyExpect TransparencyClimate ActionAmplify our Actions