In 2024, HMG 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).
HMG has also provided a category-level breakdown for 5 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 | ||||
Unspecified Calculation Method | 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 of HMG amounted to 157,265.9 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 HMG increased by 55.47%, suggesting that the company faced challenges in reducing its emissions from its core operations. a b
In 2024, the total Scope 1 emissions of HMG were 5,897.5 metric tons of CO₂ equivalent (tCO₂e). a
Since 2022, HMG's Scope 1 emissions have decreased by 65.75%, reflecting a declining long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), HMG's Scope 1 emissions decreased by 24.36%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a b
In 2024, HMG reported Scope 2 greenhouse gas (GHG) emissions of 151,368.4 tCO₂e without specifying the calculation method. a
Since 2022, HMG's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 59.68%, reflecting a rising long-term trend in Scope 2 emissions over time. a b
Compared to the previous year (2023), HMG's Scope 2 emissions (Unspecified Calculation Method) rose by 62.14% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a b
In 2024, HMG reported its Scope 2 emissions using an unspecified methodology. a
In 2024, HMG reported 936,148.6 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 HMG includes a breakdown across 5 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
In 2024, HMG reported total Scope 3 emissions of 936,148.6 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2022, HMG's Scope 3 emissions have increased by 119.13%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), HMG's Scope 3 emissions increased by 20.04%, suggesting that the company faced challenges in reducing emissions across its value chain. a
In 2024, HMG reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to HMG's Scope 3 emissions were: a
In 2024, HMG reported Scope 1 greenhouse gas (GHG) emissions of 5,897.5 tCO₂e and total revenues of USD 2,982 millions. This translates into an emissions intensity of 1.98 tCO₂e per millions USD. a
In 2024, HMG reported a Scope 1 emissions intensity of 1.98 tCO₂e per millions USD. Compared to the peer group median of 7.03 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, HMG ranked 5 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places HMG among the top performers, with one of the lowest emissions intensities relative to peers. a
In 2024, HMG reported a total carbon footprint of 1,093,414.5 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 24.11% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a b
The largest contributor to HMG's total carbon footprint was Scope 3 emissions, accounting for 85.62% of the company's total carbon footprint, followed by Scope 2 emissions at 13.84%. a