Climate and Net Zero Targets
Scope 1 and 2: No – Reduce Scope 1 and Scope 2 by 50% by 2030 from a base year of 2021

Scope 3: No Reduce Scope 3 emissions by 42% by 2030 from a base year of 2021. Additionally, has goal to reduce absolute scope 3 GHG Forest, Land and Agriculture (FLAG) emissions 30.3% by 2030, and 72% by 2040, from a 2021 base year.

Mid-term (2035/2040) milestones: Unclear on broken down milestones between 2030-2040.

Net Zero Roadmap: Chanel has a goal to reach net-zero greenhouse gas emissions across in value chain by 2040.

Renewable Energy Targets
Own operations RE target: Yes through RE100. Outlines preferences; Chanel favours the inclusion of onsite renewables or power purchase agreements (PPAs) where feasible, followed by green tariffs, and finally the purchasing of unbundled energy attribute certificate

Supply chain RE target: No

Thermal Coal Phase Out
2030 Coal Phase-out Target: Not discussed explicitly, is a member of the UNFCCC Fashion Charter so potentially phasing out in line with that.

Thermal energy transition/ electrification: Not discussed explicitly, is a member of the UNFCCC Fashion Charter so potentially phasing out in line with that.

Transparency
Emissions data: Breaks down Scope 1 -3. Scope 3 categories for each year in individual report. No breakdown by tier or country.

Supply chain energy data: No

Supplier lists published: No. Brand writes online that it has over 1400 supply chain partners, 69% supply finished goods and majority are based in Europe.

Training, feasibility studies, and non-financial support for climate action
Unclear

Additional, targeted support for transition planning: Unclear

Financial Support for Decarbonization
Loans and financing: No strong examples. On financing Chanel says; ‘Rather than contribute to financing a large scale wind or solar farm, we will aim to invest primarily in community-level projects. In each market we sign a deal, we will look to ensure our investment benefits communities that have historically experienced economic or social exclusion. Our priority will be to work with community businesses and organizations to provide training and professional opportunities in energy infrastructure for local residents, and ensure equal access to these opportunities.’

Collective financing initiatives: Unclear

Direct/debt-free financing: Unclear

Responsible/equitable buying to enable climate action
Purchasing decisions incentivize climate action: Yes – Chanel says; beyond audits, require our most strategic suppliers to report on a selection of CSR key performance indicators, covering social and environmental issues, and the traceability and CSR performance of their own supply chain. We use these KPIs in annual business reviews to benchmark and improve ongoing supplier performance.

Equitable/long-term sourcing to enable climate action: Yes – Brand says;
What was important for us was not to obtain short-term financial advantage, but to support and sustain our strategic supplier base. Without this base, we wouldn’t have been able to operate over the long term. For this reason, we confirmed long-term orders to secure the production planning of our suppliers, and, in certain instances, afforded them shorter payment terms to help their liquidity

Prices enable climate action: Unclear

Climate Adaptation
Adaptation/worker just transition training funded or provided: No but brand does discuss climate resilience; As extreme weather becomes more common, empowering people will also mean building their capacity for resilience. Providing economic opportunity through training and job creation is one way we can contribute to this. Where relevant, we may also look to invest in physical grid resilience through microgrid and storage capacity.

Emergency support developed with local groups: Unclear

Decarbonization Progress
Reducing manufacturing emissions: Scope 3 category 1 emissions appear to have increased dramatically since 2021, with limited data available.

Increasing supply chain renewable electricity: No

Coal phase out transition progress: No

Commitment to phase out fossil fuel-derived fibers
No

Deforestation-free materials
Leather: No

Man-made Cellulosic Fibers: No

Low-carbon materials
No clear strong examples, brand simply says investing in research and innovation for new materials.

Increasing Circularity
No clear public targets to transition to recycled, organic and regenerative cotton, but Chanel does report some work on increasing biodiversity in raw material supply chains. Offers repairs through Chanel & Moi les ateliers.

Target & increase recycled cotton
No

100% recycled/organic/regen cotton + wool, report on progress
No

Support farmers, transition to regen/organic farming
Yes in 2021 invested US$25 million in a new fund which aims to help smallholder farmers in developing countries deal with the impacts of climate change.
Chanel is the anchor investor in the Landscape Resilience Fund (LRF) which is today launched by the Worldwide Fund for Nature (WWF) and sustainability consultants South Pole.

Resale/repair – % total sales/disclosure on #
Offers repairs through Chanel & Moi les ateliers

Direct link resale/repair to reduce production
No

Materials transparency
Shares material mix: No

Provides data on units sold: No

Chanel does have a target to reduce its upstream shipping emissions, however the company appears to rely heavily on air freight as a transportation mode, despite recent reductions. In the most recent available data Chanel did report reducing its upstream shipping emissions by 31% over two years, which likely reflects a shift towards marine shipping over aviation, but the company does not provide complete data on its transportation modes. Chanel does not provide evidence of any policies or commitments to reduce the impact of its marine shipping or long term logistics, relying on Sustainable Aviation Fuel to reduce air freight emissions, which is not an effective solution.

No strong direct examples beyond membership of the Fashion Pact and UNFCCC Fashion Industry Charter for Climate Action.