In 2024, H & M Hennes & Mauritz was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
H & M Hennes & Mauritz has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of H & M Hennes & Mauritz are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
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Total Taxonomy Aligned A1 Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Turnover | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Opex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Metric (tonnes) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Taxonomy Aligned A1 Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Eligible A Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Taxonomy Non-Eligible B Capex | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
In 2024, H & M Hennes & Mauritz reported EU Taxonomy-eligible revenues of SEK 1.45 billion, representing 0.6% of its total turnover. Of this amount, SEK 1.45 billion of H & M Hennes & Mauritz's revenues was classified as EU Taxonomy-aligned, indicating that 0.6% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
In 2024, H & M Hennes & Mauritz reported that SEK 1.45 billion of its revenue was eligible under the EU Taxonomy, representing 0.6% of the company's total turnover. Of this amount, SEK 1.45 billion (0.6% of total revenue) was classified as Taxonomy-aligned. This means that 0% of H & M Hennes & Mauritz's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.
In 2024, H & M Hennes & Mauritz reported that SEK 1.45 billion of its revenue was aligned under the EU Taxonomy, representing 0.6% of its total turnover.
This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.
In 2024, H & M Hennes & Mauritz reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:
In 2024, H & M Hennes & Mauritz reported that SEK 0 of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 0% of the company's total revenue, indicating that H & M Hennes & Mauritz has limited exposure on solutions that support climate action through its commercial activities.
In 2024, H & M Hennes & Mauritz reported EU Taxonomy-eligible CAPEX of SEK 2.60 billion, representing 18.6% of its total CAPEX. Of this amount, SEK 145.00 million of H & M Hennes & Mauritz's CAPEX was classified as EU Taxonomy-aligned, indicating that 1% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
Compared to the previous year (2023), H & M Hennes & Mauritz's taxonomy-aligned CAPEX decreased by 60%, suggesting that H & M Hennes & Mauritz may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.
In 2024, H & M Hennes & Mauritz reported that SEK 2.60 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 18.6% of the company's total CAPEX. Of this amount, SEK 145.00 million (1% of total CAPEX) was classified as Taxonomy-aligned. This means that 17.6% of H & M Hennes & Mauritz's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
In 2024, H & M Hennes & Mauritz reported that SEK 145.00 million of its CAPEX was aligned under the EU Taxonomy, representing 1% of its total capital investment.
This low alignment reflects that H & M Hennes & Mauritz is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
In 2024, H & M Hennes & Mauritz reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:
In 2024, H & M Hennes & Mauritz allocated SEK 139.79 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 1% of the company's total capital expenditure, indicating that H & M Hennes & Mauritz has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.
In 2024, H & M Hennes & Mauritz reported EU Taxonomy-eligible OPEX of SEK 914.00 million, representing 0.7% of its total operating expenses (OPEX). Of this amount, SEK 914.00 million of H & M Hennes & Mauritz's OPEX was classified as EU Taxonomy-aligned, indicating that 0.7% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).
In 2024, H & M Hennes & Mauritz reported that SEK 914.00 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 0.7% of the company's total OPEX. Of this amount, SEK 914.00 million (0.7% of total OPEX) was classified as Taxonomy-aligned. This means that 0% of H & M Hennes & Mauritz's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).
In 2024, H & M Hennes & Mauritz reported that SEK 914.00 million of its OPEX was aligned under the EU Taxonomy, representing 0.7% of its total operational expenditure.
This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.
In 2024, H & M Hennes & Mauritz reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:
In 2024, H & M Hennes & Mauritz allocated SEK 0 of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0% of the company's total OPEX, indicating that H & M Hennes & Mauritz has only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.