Decathlon CEO Barbara Martin Coppola said she was very proud of the company’s strong reduction in CO2 emissions, while maintaining revenue growth.
She said: “This is an absolute priority for Decathlon as part of our commitment to preserving our shared playground.”
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Martin Coppola pointed out global businesses operated within unprecedented circumstances in 2023, and added: “At Decathlon we chose to use this moment to act and to transform. We laid many foundations for the future and I am pleased with the result that we achieved. This is a testament to the dedication and commitment of our teammates.”
Decathlon’s 2023 environmental results
Decathlon stated that it has collaborated with industrial partners to decarbonise processes and promote circular business models. It noted that its key objectives are aligned with the Paris Agreement and the Net Zero standard guided the company’s sustainability efforts.
- Decathlon achieved a 10% reduction in absolute CO2 emissions (scopes 1, 2 & 3) compared to the previous year
- 86.2% of electricity from renewable sources were consumed
- Eco-designed products constituted 39% of total sales
- Circular sales increased 27% compared to the previous year, amounting to €420m ($453.5m)
- Over 1.02m second-hand products sold
- 2.78m products were repaired throughout the year
- 1,421 awareness actions made around sustainable development
- 95,000 people engaged in events linked to sustainable development.
Decathlon’s 2023 economic results
Decathlon described its economic performance in 2023 as “robust” despite the prevailing economic headwinds. It reported:
- A 4.4% revenue increase of compared to the previous year, amounting to €15.6bn ($16.84bn)
- Digital sales constituted 17.4% of the group’s total revenue — an increase of 0.7% from 2022
- Net result for the year reached €931m
- Its global presence reached 78 territories
- Decathlon sold 1.19bn products in 1,749 stores in 2023.
“In 2024, with our new ambition and fresh brand launched, we have set Decathlon on a strong trajectory to build happier, healthier societies by Moving People Through the Wonders of Sport,” added Martin Coppola.
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By GlobalDataThe company said its strategy is to bring innovative and sustainable sports to everyone which includes enhancing immersive customer experiences, committing to sustainability and an overall modernisation of the company.
In December, the Clean Clothes Campaign criticised several brands, including furniture retail company, IKEA and Decathlon for failing to sign the International Accord, stating at the time that these companies were “denying their workers access to the Accord’s training and complaint mechanism, and instead, relying on less rigorous social auditing methods, perpetuating risks to workers’ safety”.
Decathlon told Just Style at the time it had always considered human safety and rights as priorities.
It said it has its way of prioritising the safety of its workers through its “Vigilance plan” and its “Code of conduct for manufacturing suppliers” and confirmed that all its strategic suppliers in Bangladesh received training.
