H & M Hennes & Mauritz AB

Common Name
H & M Hennes & Mauritz
Country
Sweden
Sector
Consumer Cyclical
Industry
Apparel Manufacturing
Employees
140,000
Ticker
HM B
Exchange
NASDAQ STOCKHOLM AB
Description
H & M Hennes & Mauritz AB (publ) provides clothing, accessories, footwear, cosmetics, home textiles, and homeware for women, men, and children worldwide. It offers sportswear, shoes, bags, accessories...

H & M Hennes & Mauritz Energy Data Preview

In 2023, H & M Hennes & Mauritz disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

H & M Hennes & Mauritz also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, H & M Hennes & Mauritz also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, H & M Hennes & Mauritz also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate H & M Hennes & Mauritz's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Verified Sources Behind H & M Hennes & Mauritz’s Energy Management Data

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a. H & M Hennes & Mauritz's Sustainability Report 2023
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Insights into H & M Hennes & Mauritz's Energy Renewability

In 2023, H & M Hennes & Mauritz consumed a total of 4.34 million Gigajoules of energy across its operations. Of this total, 86.8% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 13.2% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. a

H & M Hennes & Mauritz's Energy Renewability Rate

87%

How much of H & M Hennes & Mauritz's energy consumed is renewable?

In 2023, H & M Hennes & Mauritz consumed a total of 4.34 million Gigajoules of energy, of which 86.8% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a

This high level of renewable energy use suggests that H & M Hennes & Mauritz has taken strong steps toward decarbonizing its energy supply and reducing its dependence on fossil fuels.

Are H & M Hennes & Mauritz's energy practices becoming more sustainable?

Since 2020, H & M Hennes & Mauritz's total energy consumption decreased by 16.08%, including a further 12.7% drop in 2023, highlighting a continued decline in energy use. a

Over the same period, the share of renewable energy in H & M Hennes & Mauritz's consumption increased by 7.46%, including a 1.8% increase in 2023, showing consistent progress in clean energy adoption. a

Overall, H & M Hennes & Mauritz has reduced its total energy consumption while steadily increasing its use of renewables, reflecting a strong commitment to reducing its energy-related environmental footprint.

H & M Hennes & Mauritz's Renewable vs Non-renewable Energy Over Time

4.78 M2.28 M218.93 k4.78 MGigajoules (GJ)202020212022202381%87%85%87%19%13%15%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into H & M Hennes & Mauritz's Energy Consumption & Production Mix

In 2023, H & M Hennes & Mauritz disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the H & M Hennes & Mauritz's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies. a

H & M Hennes & Mauritz's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(92.3%)Diesel, Natural Gas,Other Oil Productsand Fuel(Unspecified Type)(5.8%)

What are the main sources and generation technologies behind H & M Hennes & Mauritz's energy consumption?

In 2023, H & M Hennes & Mauritz's total energy consumption was primarily sourced from a

  • Electricity (Unspecified Source) (92.34%)
  • Diesel, Natural Gas, Other Oil Products and Fuel (Unspecified Type) (5.78%)
  • Heat (Unspecified Source) (1.88%)

How diverse is H & M Hennes & Mauritz’s energy consumption mix?

In 2023, H & M Hennes & Mauritz consumed energy from 5 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 92.34% of total consumption. a

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