Hermes International SCA

Common Name
Hermes International
Country
France
Sector
Consumer Cyclical
Industry
Luxury Goods
Employees
25,697
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 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)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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0000000

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Insights into Hermes International's Operational Emissions

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. a b

Hermes International's Scope 1 Emissions Over Time

201820192020202120222023202406 k12 k18 k24 ktCO2e-5%-5%+7%-15%-29%+39%
  • Total Scope 1
  • Year-over-Year Change

What are Hermes International's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Hermes International were 17,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). a

Has Hermes International reduced its Scope 1 emissions over time?

Since 2018, Hermes International's Scope 1 emissions have decreased by 19.46%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

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. a b

What are Hermes International's Scope 2 emissions?

In 2024, Hermes International reported Scope 2 greenhouse gas (GHG) emissions of 2,693 tCOâ‚‚e using the market-based method and 34,457 tCOâ‚‚e using the location-based method. a

What methodology does Hermes International use for Scope 2 reporting?

In 2024, Hermes International reported its Scope 2 emissions using the market-based method and using the location-based method. a

Hermes International's Scope 2 Emissions Over Time

201820192020202120222023202409 k18 k27 k36 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Hermes International's Value Chain Emissions

In 2024, Hermes International reported 731,915 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 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 chain a

Hermes International's Scope 3 Emissions Over Time

20182019202020212022202320240200 k400 k600 k800 ktCO2e-16%-4%+6%+28%+2%+14%
  • Total Scope 3
  • Year-over-Year Change

What are Hermes International's Scope 3 emissions?

In 2024, Hermes International reported total Scope 3 emissions of 731,915 metric tons of COâ‚‚ equivalent (tCOâ‚‚e). 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

Has Hermes International reduced its Scope 3 emissions over time?

Since 2018, Hermes International's Scope 3 emissions have increased by 26.48%, 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

What categories of Scope 3 emissions does Hermes International disclose?

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.

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

In 2024, the largest contributors to Hermes International's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 530,107 tCOâ‚‚e (72.43%)
  • Downstream Transportation and Distribution (Cat. 9): 77,587 tCOâ‚‚e (10.6%)
  • Capital Goods (Cat. 2): 61,990 tCOâ‚‚e (8.47%)

Hermes International's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(8.5%)Purchased Goods andServices (Cat. 1)(72.4%)DownstreamTransportation andDistribution(Cat. 9)(10.6%)

Insights into Hermes International's Total Carbon Footprint

In 2024, Hermes International reported a total carbon footprint of 784,172 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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. a b

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

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