Samsonite Group S.A.

Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.

OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.

EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?

PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.

Samsonite maintained 100% renewable electricity across all owned and operated retail stores, manufacturing and distribution facilities, and offices in 2025 — achieved two years ahead of target. This is delivered through a combination of on-site solar generation (including a new 960 kW AC / 1267 kW DC solar PV array at the TUMI Vidalia, Georgia distribution center), participation in green power programs, and purchasing of renewable energy certificates (RECs). Around 80% of own-operations energy use comes from electricity, making this lever central. Going forward, the company will continue expanding on-site solar where feasible.

Since 2011 the team at Samsonite's Nashik, India site has planted fruit and medicinal trees on Samsonite-owned and Indian-government conservation land. These plantings meet permanence requirements as nature-based offsets. In 2022 they sequestered 1,752 tCO2e (vs 1,358 in 2021, 1,059 in 2020). Samsonite supported planting of over 250,000 trees globally in 2022 (174,000+ in India, 17,500 in Australia, 10,000 in North America wildfire restoration, 39,000 in Europe).

• Sustainable packaging guidance

  Introduced comprehensive Sustainable Packaging Guidance in 2025 that maps the five most common packaging materials with potential sustainability solutions, supporting designers and procurement teams in selecting lower-impact packaging.

• Recycled materials in products (plastics, aluminum)

  Recycled materials are described as 'an essential lever for the decarbonization of our business'. Approximately 40% of 2025 net sales came from products containing some recycled materials. The company is incorporating recycled plastics and aluminum to replace virgin feedstock — reducing embodied carbon and Scope 3 emissions from purchased goods. Examples include Essens Circular (≥80% recycled materials by weight, ~35% recycled polypropylene from pre-owned suitcases) and Proxis Circular (65% bio-circular and recycled by weight via ISCC PLUS mass balance).

• Durability, repairability and product longevity

  Durability is non-negotiable in Samsonite's Product Sustainability Framework. The Paralux collection introduced repairable wheels and pull-handles that customers can replace at home using video tutorials. Repair services are offered across approximately 80 countries through company-operated centers, third-party partners, and in-store offerings. A global Repair Vision for 2030 was developed in 2025.

• End-of-life take-back and circular product design

  Take-back pilots have been run in Belgium, the Netherlands, Asia and North America since 2021, with a U.S. retail-store take-back pilot planned for 2026. Partnerships transform non-repairable products into outdoor seating and surfacing rather than sending to landfill. The company also explores end-of-life solutions for non-saleable products from select U.S. distribution centers.

• Sustainable product design and circularity

  Under the Product pillar of 'Our Responsible Journey', Samsonite seeks to apply circular economy principles and continuously innovate to create ever more sustainable products. The Company invests significant R&D resources (US$20.2 million in 2024) in lighter and stronger new materials, more durable and more repairable collections.

• Retail store fleet energy and lease footprint

  Samsonite operates 1,119 company-operated retail stores globally (added 67 net new in 2024). Lease right-of-use assets totaled US$499.2 million at year-end 2024. The Company streamlines its retail fleet to focus on profitable growth, with implications for operational energy use.

• Energy efficiency at manufacturing & distribution sites

  Implemented energy-efficiency projects at facilities including LED-lighting retrofits, HVAC upgrades and industrial process improvements. A new HVAC system at the Jacksonville, Florida distribution center replaced 14 older units and reduced facility energy use from 5.1 million kWh in 2023 to 2.9 million kWh in 2024.

• On-site solar generation

  Expanded on-site solar installations at the Nashik, India manufacturing and distribution center and at the Vidalia, Georgia distribution center in 2024. Continues to identify additional opportunities to install and expand on-site solar where feasible.

• Product durability & repairability

  Designing durable, high-quality products that can be repaired rather than replaced is core to lowering product footprint. In Europe more repairs are now completed in wholesale and retail stores; the SupportandGo platform enables customer self-repairs. Developing a Global Repairability Index, with repairability identified as a key focus area for 2025.

• Sustainability embedded in product design — recycled materials in ~34% of net sales

  Under the 'Product' pillar, Samsonite increased the share of net sales from products made at least in part from recycled material to approximately 34% in 2023, up from about 23% in 2022. The Group invests in R&D to develop lighter, stronger new materials, advanced manufacturing processes, and more sustainable collections. This lever targets the firm's manufactured and sourced products, which are the primary embodied-carbon impact for a consumer goods company.

• Own-operations energy and emissions reduction via 100% renewable electricity

  Samsonite achieved 100% renewable electricity in all its own-operated facilities in 2023, ahead of the 2025 target. This covers the Group's retail stores, offices, and production/distribution facilities globally. The Group continues to advance 'Our Responsible Journey' sustainability program under the Planet pillar to reduce operational environmental impact.

• EV fleet transition and sustainable commuting

  Most fleet vehicles in Europe have been transitioned to electric. Samsonite offers a bicycle leasing program to Belgian site employees and subsidizes or provides free public transportation for teams in Belgium, Brazil, and Malaysia to reduce employee commuting emissions.

• Energy efficiency in own operations (LED, HVAC, process improvements)

  To further reduce Scope 1 and 2 emissions, Samsonite is implementing energy efficiency projects including LED retrofits, heating/ventilation/cooling (HVAC) upgrades, and process improvements across its manufacturing and distribution facilities. Carbon intensity of own operations was reduced 85% vs. 2017 baseline (goal was 15% by 2025).

• Energy efficiency upgrades at manufacturing & distribution sites

  In 2022 European manufacturing plants in Belgium and Hungary replaced old heating boilers and installed programmable, automated heating systems, cutting natural gas use 11% and avoiding 150 tCO2e annually. ~40% of global square footage now LED-lit and ~35% has motion sensors/timers. Belgium facility has improved energy efficiency 20% versus a 2014 baseline. 2023 plan includes HVAC upgrades and LED retrofits.

• Product durability, repair and recycling (circular design)

  Four-pillar circular economy approach: Design for Durability, Innovate Materials, Champion Repair, Promote Recycling and Reuse. Operates 160+ repair centers in 48 countries, in-store repair in ~500 stores across 19 countries. Tumi North America repaired 45,000+ bags out of warranty 2019-22. We Recycle Your Suitcase pilot in Belgium/Netherlands recycled 1,290 cases; Asia WWF pilot recycled 4,300 cases. Samsonite Proxis (Roxkin BOPP) is fully recyclable with bespoke 'wecare' free repair.

• Supplier engagement and Scope 3 roadmap

  99% of GHG emissions are Scope 3, with ~87% coming from raw-material extraction, processing and product manufacturing. The company is working with Product Teams and suppliers to scale recycled materials and material substitutions as set out in its Scope 3 roadmap. Sustainable Materials Guidance was finalized in 2025 and is being piloted with selected suppliers in early 2026. Environmental requirements are being added to the Global Social Compliance Program for suppliers.

• Reduce value-chain GHG emissions (Planet pillar)

  Under the Planet pillar, the Company aims to reduce greenhouse gas emissions from its operations and its value chain, and minimize its impact on the environment. Sustainability is governed by a Vice President of Sustainability reporting to the CEO, supported by a Global Sustainability Council representing regions, brands and key functions.

• Recycled content in purchased materials (plastics & aluminum)

  Increasing the use of recycled materials is the primary lever for Scope 3 reductions, since 83% of emissions come from purchased goods and services. About 40% of 2024 net sales incorporated some recycled materials (up from 34% in 2023). Key innovations include rPP from washing-machine barrels, rPET from post-consumer bottles, rPC from water cooler jugs, and first products containing recycled aluminum (Samsonite ESSENS Limited Edition, TUMI 19 Degree).

• Supplier engagement on climate action

  Surveyed top 74 suppliers on key sustainability measures (73% response rate). Among respondents, 75% had sustainability goals covering energy efficiency, renewable electricity and waste management; 82% held certifications such as GRS and ISO 9001. Each region developed Scope 3 reduction roadmaps specifying actions to contribute to the 2030 target.

• Sustainable packaging strategy

  Defined sustainable packaging principles: reduce material use, use reusable and recyclable packaging, and prioritize more sustainable materials. Roll-out across operations to begin in 2025.

• Supplier engagement to reduce Scope 3 raw materials emissions

  With 99% of total emissions in Scope 3 — and 79% from raw materials and product manufacturing — Samsonite works with key suppliers to increase recycled content and replace virgin materials with recycled alternatives. In 2023, the CEO laid out expectations for key suppliers to partner on reducing Scope 3 emissions.

• Supply chain and sourcing sustainability transformation

  Samsonite's ambition is to become the world's most sustainable lifestyle bag and travel luggage company. The Group states it will leverage its scale to lead the transformation of the luggage industry towards greater sustainability, including through its global sourcing infrastructure. The 2023 ESG Report (to be published separately in April 2024) contains further details on supply chain sustainability commitments and progress.

• Recycled materials & circular product design (Recyclex, post-consumer PET/PP)

  Approximately 34% of 2023 net sales came from products made at least in part from recycled materials (up from 23% in 2022). Examples include Tumi 19 Degree outer shell with >90% recycled polycarbonate, Xtrem Pride collection liners with 100% post-consumer recycled PET, and S'Cure Eco shells with at least 85% post-consumer recycled polypropylene. Repairability is designed in (e.g., ESSENS easy-to-remove wheels).

• End-of-life take-back and suitcase recycling

  In Belgium and the Netherlands, the 'We Recycle Your Suitcase' promotion ran for a third year — customers bring in hardside cases of any brand for shell and pullhandle recycling in exchange for a voucher. Partnership with social enterprise AAROVA disassembles cases; recovered polypropylene is being tested by R&D for a limited-edition suitcase in Europe in 2024.

• Upstream/downstream transportation decarbonisation

  Distribution-related emissions (upstream cat 4 + downstream cat 9) totaled ~28,032 tCO2e in 2021, the second-largest Scope 3 contributor (8%). Samsonite plans to build on its Scope 3 assessment with pilot projects with suppliers to measure and reduce value-chain emissions, with raw materials and distribution identified as priority focus areas.

• Sustainable packaging transition (FSC, recycled cardboard, rPET)

  Used 5,936 MT of packaging material in 2022: 5,492 MT FSC-certified or 100% recycled cardboard, 420 MT plastic, 24 MT tape, 0.3 MT polystyrene. Gregory migrated 99% of packaging to recycled content. Latin America transitioned to 100% recycled cardboard, rPET arrows, recycled paper hangtags and recycled LDPE polybags. Asia replaced plastic tape with paper-based tape and phased out Styrofoam.

• Recycled-content materials in products (Recyclex, rPET, recycled nylon)

  Products with recycled content reached 23% of sales revenue in 2022 (up from restated 17% in 2021, 5% in 2019). Three top-10 collections contain 40-60% recycled content by weight. Gregory's Rhune backpacks cut carbon footprint 51-57% vs virgin nylon. Materials portfolio (Recyclex) includes rPET, recycled nylon, recycled polycarbonate (SORPLAS), recycled polypropylene (LyondellBasell QCP) and BOPP-based Roxkin. In 2022 diverted equivalent of ~100 million PET bottles from landfill.