Guess?, Inc. released its FY2024 ESG Interim Report on October 31, 2024, covering the fiscal year from January 29, 2023, to February 3, 2024. The report details the company's greenhouse gas (GHG) emissions, including Scope 1, Scope 2 (market-based), and Scope 3 (Purchased Goods and Services).
For FY2024, Scope 1 emissions were 1,056 metric tons of CO2 equivalent (MTCO2e), Scope 2 (market-based) emissions were 15,579 MTCO2e, and Scope 3 (Purchased Goods and Services) emissions totaled 369,739 MTCO2e. These figures are reported in accordance with the GHG Protocol standards and guidance.
The company has Science Based Targets initiative (SBTi) approved goals to reduce absolute Scope 1 and 2 emissions by 50% and Scope 3 (Category 1 - Purchased Goods and Services) emissions by 30% by 2030, using a FY2019 baseline. The report underscores Guess?'s commitment to reducing its environmental impact.
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