Zalando

Zalando reported gross GHG emissions (Scope 1 + 2 before carbon offsets) for the twelve months ending 31 December 2021 at 10 Kt (+0.48/+5% y-o-y). At the sime time, carbon intensity declined to 0.8 t (-0.2 /-20% y-o-y).

Zalando's Scope 3 emissions surged to 5,579 Kt (+1,069/+24% y-o-y). The growth accelerated relative to the long-term trend (+16% CAGR) observed since 4Q'17.

The company is committed to reducing Scope 1 + 2 by 80% by 2025 from a base year 2017, which translates into the estimated reduction of -1.2 Kt per annum over the period of FY2022 - FY2025. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.