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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 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofHermes International amounted to52,257metric 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 Internationalincreased 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 COâ‚‚ equivalent (tCOâ‚‚e).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 tCOâ‚‚e using the market-based method and 34,457 tCOâ‚‚e 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 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 15of 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 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
Since 2019, Hermes International's Scope 3 emissionshave 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 tCOâ‚‚e and total revenues of USD 15,786 millions. This translates into an emissions intensity of 1.13 tCOâ‚‚e per millions USD.a
In 2024, Hermes International reported a Scope 1 emissions intensity of 1.13 tCOâ‚‚e per millions USD. Compared to the peer group median of 5.48, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Hermes International ranked 2 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Hermes International among the top performers, with one of the lowest emissions intensities relative to peers.a
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.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