Richemont commits to reduce absolute Scopes 1 and 2 GHG emissions 46% by 2030 from a 2019 base year. Richemont commits to reduce Scope 3 GHG emissions from ‘purchased goods and services and business travel’ 55% per dollar EVA by 2030 from a 2019 base year. 
Richemont also commits that 20% of its suppliers by emissions covering purchased goods and services and upstream transportation and distribution will have science-based targets by 2025. Richemont commits to increase annual sourcing of renewable electricity from 64% in 2019 to 100% by 2025. 
The targets covering greenhouse gas emissions from company operations (Scopes 1 and 2) are consistent with reductions required to keep warming to 1.5°C. The renewable energy procurement target covering Scope 2 emissions is consistent with reductions required to keep warming to 1.5°C.”