Hermes International SCA

Common Name
Hermes International
Country
France
Sector
Consumer Cyclical
Industry
Luxury Goods
Employees
24,203
Ticker
RMS
Exchange
EURONEXT
Description
Hermès International S.A. is a French luxury fashion house renowned for its high-quality craftsmanship and premium products. Founded in 1837, the company has carved a niche in designing and manufactur...

Hermes International's GHG Emissions Data Preview

In 2023, 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 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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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Hermes International's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hermes International amounted to 22,000 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Hermes International decreased by 29.71%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Hermes International's Scope 1 Emissions Over Time

20182019202020212022202306 k12 k18 k24 ktCO2e-5%-5%+7%-15%-29%
  • Total Scope 1
  • Year-over-Year Change

What are Hermes International's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hermes International were 12,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Hermes International reduced its Scope 1 emissions over time?

Since 2018, Hermes International's Scope 1 emissions have decreased by 42.08%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Hermes International's Scope 1 emissions decreased by 28.89%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Hermes International's Scope 2 emissions?

In 2023, Hermes International reported Scope 2 greenhouse gas (GHG) emissions of 9,200 tCOâ‚‚e using the market-based method.

Has Hermes International reduced its Scope 2 emissions over time?

Since 2018, Hermes International's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 57.6%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Hermes International's Scope 2 emissions (Market-Based) fell by 30.83% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Hermes International use for Scope 2 reporting?

In 2023, Hermes International reported its Scope 2 emissions using the market-based method.

Hermes International's Scope 2 Emissions Over Time

20182019202020212022202305.5 k11 k16.5 k22 ktCO2e
  • Total Scope 2 Market-Based

Insights into Hermes International's Value Chain Emissions

In 2023, Hermes International reported 643,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Hermes International includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Hermes International's Scope 3 Emissions Over Time

2018201920202021202220230200 k400 k600 k800 ktCO2e-16%-4%+6%+24%+6%
  • Total Scope 3
  • Year-over-Year Change

What are Hermes International's Scope 3 emissions?

In 2023, Hermes International reported total Scope 3 emissions of 643,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.35% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.65% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Hermes International reduced its Scope 3 emissions over time?

Since 2018, Hermes International's Scope 3 emissions have increased by 11.25%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Hermes International's Scope 3 emissions remained relatively stable, indicating that Hermes International 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Hermes International disclose?

In 2023, Hermes International reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Hermes International's Scope 3 emissions?

In 2023, the largest contributors to Hermes International's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 462,400 tCOâ‚‚e (71.8%)
  • Downstream Transportation and Distribution (Cat. 9): 82,100 tCOâ‚‚e (12.75%)
  • Capital Goods (Cat. 2): 31,000 tCOâ‚‚e (4.81%)

Hermes International's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(71.8%)DownstreamTransportation andDistribution(Cat. 9)(12.7%)Capital Goods(Cat. 2)(4.8%)

Insights into Hermes International's Total Carbon Footprint

In 2023, Hermes International reported a total carbon footprint of 665,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.89% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Hermes International's total carbon footprint was Scope 3 emissions, accounting for 96.7% of the company's total carbon footprint, followed by Scope 1 emissions at 1.92%.