Samsonite Sets Bold Sustainability Goals Targeting Scope 3

Samsonite International S.A., a global leader in travel and luggage products, has unveiled an ambitious climate action strategy emphasising Scope 3 emissions, which comprise more than 95% of its total greenhouse gas (GHG) emissions. Its science-based target focuses specifically on decreasing emissions from purchased goods and services, which account for nearly 80% of its environmental impact.

Setting science-based targets for Purchased Goods and Services

Central to Samsonite's climate strategy is a 52% reduction in Scope 3 emissions from purchased goods and services by 2030, measured on an intensity basis per unit of gross profit, using 2022 as a baseline.

The target highlights Samsonite's commitment to more sustainable practices within its supply chain, including a shift toward sourcing lower-carbon and recycled materials.

Kyle Gendreau, CEO at Samsonite expressed the company's dedication to this path: 

"We are proud to leverage our leadership position to create a path towards a more sustainable future for the industry. We are partnering with our suppliers to significantly expand the use of recycled, lower-carbon materials while maintaining our long-standing commitment to durability."

Broader impact across Scope 3 emissions categories

While primarily focused on purchased goods and services, Samsonite's efforts are anticipated to have a ripple effect across several other Scope 3 categories.

The increased use of recycled content and sustainability improvements will likely impact upstream and downstream emissions, making Samsonite's approach holistic and far-reaching.

Operational emissions and 100% renewable energy

Beyond Scope 3 emissions, Samsonite is tackling its operational emissions. It has committed to maintaining 100% renewable electricity across its facilities and is implementing energy efficiency initiatives to reduce its environmental impact.

The move aligns with Samsonite's overarching environmental strategy, "Our Responsible Journey," which aims to create positive change in the travel industry by making every step of the journey more sustainable.

A model for sustainable practices in the luggage industry

By committing to science-based targets and focusing on Scope 3 emissions, Samsonite sets a new standard for sustainable practices in the luggage industry. Its focus on purchased goods and services ensures that its environmental impact is addressed where it is most significant. At the same time, its emphasis on recycled materials promises to create further benefits across other emissions categories.

With its comprehensive approach, Samsonite is not only working towards a lower-carbon future for itself but is also encouraging its industry peers to prioritise sustainability in their business practices.

The company's strategy exemplifies responsible corporate stewardship and a proactive approach to climate action by tackling emissions at multiple levels—within both supply chains and operations.

As Samsonite continues to lead by example, its commitment to sustainability supports a long-term vision for a durable and responsible future in travel. Through these efforts, it reaffirms its position as a leader in environmentally conscious business practices, shaping a sustainable future for journeys worldwide.

Samsonite International S.A. has announced an ambitious science-based climate target that primarily addresses its Scope 3 emissions, which account for over 95% of the Group's total greenhouse gas (GHG) emissions.

The company's strategy focuses on reducing emissions from purchased goods and services, which account for almost 80% of its total emissions.

Key Scope 3 Reduction Targets:

It's important to note that while Samsonite's announcement focuses primarily on purchased goods and services (Category 1), its overall strategy of increasing recycled content and improving sustainability across its product lines is likely to have cascading effects on multiple Scope 3 categories.

However, the company does not provide a comprehensive breakdown of all 15 Scope 3 categories in the given information.

1. 52% reduction in Scope 3 emissions from purchased goods and services by 2030 (intensity basis per unit gross profit, from a 2022 base year).
2. Significant increase in recycled materials used in products.

Kyle Gendreau, the Company's Chief Executive Officer, emphasised the company's commitment to sustainable practices: "We are proud to leverage our leadership position to create a path towards a more sustainable future for the industry. We are partnering with our suppliers to significantly expand the use of recycled, lower-carbon materials while maintaining our long-standing commitment to durability."

While the primary focus is on Scope 3 emissions, Samsonite addresses its operational emissions by maintaining 100% renewable electricity across its facilities and implementing energy efficiency measures.

The holistic approach aligns with the company's global sustainability strategy, Our Responsible Journey, which aims to empower a lifetime of journeys that move the world forward.

By targeting its Scope 3 emissions, particularly in purchased goods and services, Samsonite is addressing the most significant portion of its carbon footprint and setting an example for sustainable practices in the luggage and travel bag industry.

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