In 2024, Hermes International 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).
Hermes International has also provided a category-level breakdown for 15 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 | 17,800a | 12,800b | 18,000b | |
Total Scope 2 | ||||
Market-Based | 2,693a | 9,200b | 13,300b | |
Location-Based | 34,457a | N/A | N/A | |
Total Scope 3 | 731,915a | 643,800a | 628,100a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.1276a | 0.8613b | 1.4554b |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.
In 2024, the total operational greenhouse gas (GHG) emissions of Hermes International amounted to 52,257 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 Hermes International increased by 137.53%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab
In 2024, the total Scope 1 emissions of Hermes International were 17,800 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Hermes International's Scope 1 emissions have decreased by 14.83%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Hermes International's Scope 1 emissions increased by 39.06%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, Hermes International reported Scope 2 greenhouse gas (GHG) emissions of 2,693 tCO₂e using the market-based method and 34,457 tCO₂e using the location-based method.a
In 2024, Hermes International reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Hermes International reported 731,915 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 Hermes International includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, up from 10 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Hermes International reported total Scope 3 emissions of 731,915 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.44% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.56% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Hermes International's Scope 3 emissions have increased by 51.38%, reflecting a rising long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Hermes International's Scope 3 emissions increased by 13.69%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Hermes International reported emissions for 15 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 Hermes International's Scope 3 emissions were:a
In 2024, Hermes International reported Scope 1 greenhouse gas (GHG) emissions of 17,800 tCO₂e and total revenues of USD 15,786 millions. This translates into an emissions intensity of 1.13 tCO₂e per millions USD.a
In 2024, Hermes International reported a Scope 1 emissions intensity of 1.13 tCO₂e per millions USD. Compared to the peer group median of 0.98, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Hermes International ranked 16 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Hermes International is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Hermes International reported a total carbon footprint of 784,172 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 17.78% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Hermes International's total carbon footprint was Scope 3 emissions, accounting for 93.34% of the company's total carbon footprint, followed by Scope 2 emissions at 4.39%.a