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's GHG Emissions Data Preview

In 2024, H & M Hennes & Mauritz 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).

H & M Hennes & Mauritz 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)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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a
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a
0000000
Location-Based
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0000000
Total Scope 3
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0000000

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Insights into H & M Hennes & Mauritz's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of H & M Hennes & Mauritz amounted to 379,795 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 H & M Hennes & Mauritz decreased by 3.44%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

H & M Hennes & Mauritz's Scope 1 Emissions Over Time

201820192020202120222023202405.5 k11 k16.5 k22 ktCO2e+61%-37%+49%-11%-13%-4%
  • Total Scope 1
  • Year-over-Year Change

What are H & M Hennes & Mauritz's Scope 1 emissions?

In 2024, the total Scope 1 emissions of H & M Hennes & Mauritz were 15,102 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Has H & M Hennes & Mauritz reduced its Scope 1 emissions over time?

Since 2018, H & M Hennes & Mauritz's Scope 1 emissions have increased by 13.01%, reflecting a rising long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), H & M Hennes & Mauritz's Scope 1 emissions decreased by 4.14%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are H & M Hennes & Mauritz's Scope 2 emissions?

In 2024, H & M Hennes & Mauritz reported Scope 2 greenhouse gas (GHG) emissions of 26,553 tCOâ‚‚e using the market-based method and 364,693 tCOâ‚‚e using the location-based method. a

Has H & M Hennes & Mauritz reduced its Scope 2 emissions over time?

Compared to the previous year (2023), H & M Hennes & Mauritz's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that H & M Hennes & Mauritz 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does H & M Hennes & Mauritz use for Scope 2 reporting?

In 2024, H & M Hennes & Mauritz reported its Scope 2 emissions using the market-based method and using the location-based method. a

H & M Hennes & Mauritz's Scope 2 Emissions Over Time

20182019202020212022202320240200 k400 k600 k800 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into H & M Hennes & Mauritz's Value Chain Emissions

In 2024, H & M Hennes & Mauritz reported 8,729,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2024 disclosure of H & M Hennes & Mauritz 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

H & M Hennes & Mauritz's Scope 3 Emissions Over Time

20192020202120222023202403 M6 M9 M12 MtCO2e-37%+36%-5%-11%+4%
  • Total Scope 3
  • Year-over-Year Change

What are H & M Hennes & Mauritz's Scope 3 emissions?

In 2024, H & M Hennes & Mauritz reported total Scope 3 emissions of 8,729,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Approximately 78.18% of these emissions originated from upstream activities such as purchased goods and capital goods, while 21.82% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2023), H & M Hennes & Mauritz's Scope 3 emissions remained relatively stable, indicating that H & M Hennes & Mauritz 's emissions have plateaued with no significant change in its value chain footprint. a

What categories of Scope 3 emissions does H & M Hennes & Mauritz disclose?

In 2024, H & M Hennes & Mauritz 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.

What are the main sources of H & M Hennes & Mauritz's Scope 3 emissions?

In 2024, the largest contributors to H & M Hennes & Mauritz's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 6,337,000 tCOâ‚‚e (72.6%)
  • Use of Sold Products (Cat. 11): 1,774,000 tCOâ‚‚e (20.32%)
  • Upstream Transportation and Distribution (Cat. 4): 405,000 tCOâ‚‚e (4.64%)

H & M Hennes & Mauritz's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(72.6%)Use of Sold Products(Cat. 11)(20.3%)UpstreamTransportation andDistribution(Cat. 4)(4.6%)

Insights into H & M Hennes & Mauritz's Total Carbon Footprint

In 2024, H & M Hennes & Mauritz reported a total carbon footprint of 9,108,795 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.42% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to H & M Hennes & Mauritz's total carbon footprint was Scope 3 emissions, accounting for 95.83% of the company's total carbon footprint, followed by Scope 2 emissions at 4%. a

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