Gap Inc

Apparel Retailers

GPS

$ 13 1.7

Share price

$ 4.7 bn

Market Cap

$ 10 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.86x the weighted average for S&P 500

FY2020

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

Stronger than the -5.1% weighted average for S&P 500

FY2021

Gap Inc aims to reduce Scope 1 + 2 by 90% by 2030 from a base year 2017

1.5°C

GHG emissions and Carbon intensity

Gap Inc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 241 Kt (-123 /-33.8% y-o-y). Also positively, carbon intensity plunged to 17 t (-4.8 /-21.6% y-o-y).

Gap Inc's Scope 3 emissions tumbled to 544 Kt (-44 /-7.4% y-o-y). The decline accelerated compared to the CAGR of -4.4% since 4Q'17.

The company is committed to reducing Scope 1 + 2 by 90% by 2030 from a base year 2017, which translates into the estimated reduction of -20 Kt per annum over the period of FY2021 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2020Q4	241	25	215	544	13,800	17
2019Q4	364	27	336	587	16,383	22
2018Q4	388	28	360	638	16,580	23
2017Q4	406	26	379	651	15,855	26
2016Q4	448	24	424	640	15,516	29

Gap Inc

Carbon footprint

Primary Climate Goal

Gap Inc aims to reduce Scope 1 + 2 by 90% by 2030 from a base year 2017

GHG emissions and Carbon intensity

Gap Inc's carbon footprint

Company environmental metrics