In 2024, Boohoo Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Boohoo Group has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 581a | 1,069a | 1,812a | |
Total Scope 2 | ||||
Market-Based | 820a | 991a | 67a | |
Location-Based | 4,460a | 5,739a | 5,097a | |
Total Scope 3 | 850,844a | 668,712a | 825,257a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.5085a | 0.5011a | 0.6833a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Boohoo Group amounted to 5,041 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Boohoo Group decreased by 25.95%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Boohoo Group were 581 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, Boohoo Group's Scope 1 emissions have increased by 153.71%, reflecting a rising long-term trend in Scope 1 emissions over time.a
Compared to the previous year (2023), Boohoo Group's Scope 1 emissions decreased by 45.65%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Boohoo Group reported Scope 2 greenhouse gas (GHG) emissions of 820 tCO₂e using the market-based method and 4,460 tCO₂e using the location-based method.a
Since 2020, Boohoo Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 61.48%, reflecting a rising long-term trend in Scope 2 emissions over time.a
Compared to the previous year (2023), Boohoo Group's Scope 2 emissions (Location-Based) fell by 22.29% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Boohoo Group reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Boohoo Group reported 850,844 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Boohoo Group includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Boohoo Group reported total Scope 3 emissions of 850,844 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 76.21% of these emissions originated from upstream activities such as purchased goods and capital goods, while 23.79% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2020, Boohoo Group's Scope 3 emissions have increased by 13.68%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Boohoo Group's Scope 3 emissions increased by 27.24%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Boohoo Group reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Boohoo Group's Scope 3 emissions were:a
In 2024, Boohoo Group reported Scope 1 greenhouse gas (GHG) emissions of 581 tCO₂e and total revenues of USD 1,143 millions. This translates into an emissions intensity of 0.51 tCO₂e per millions USD.a
In 2024, Boohoo Group reported a Scope 1 emissions intensity of 0.51 tCO₂e per millions USD. Compared to the peer group median of 0.65, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Boohoo Group ranked 12 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Boohoo Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Boohoo Group reported a total carbon footprint of 855,885 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 26.7% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Boohoo Group's total carbon footprint was Scope 3 emissions, accounting for 99.41% of the company's total carbon footprint, followed by Scope 2 emissions at 0.52%.a