In 2024, HNI 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).
However, HNI has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 48,252a | 49,622a | 57,412b | |
Total Scope 2 | ||||
Market-Based | 0a | 0a | 9,057b | |
Location-Based | 71,688a | 78,071a | 87,063b | |
Total Scope 3 | 1,893,024a | 1,949,540a | 2,995,105b | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 19.0991a | 20.387a | 24.3086b |
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In 2024, the total operational greenhouse gas (GHG) emissions of HNI amounted to 119,940 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 HNI decreased by 6.07%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of HNI were 48,252 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, HNI's Scope 1 emissions have decreased by 8.77%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), HNI's Scope 1 emissions decreased by 2.76%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, HNI reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 71,688 tCO₂e using the location-based method.a
Since 2020, HNI's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that HNI's emissions have plateaued with no significant change in its energy consumption footprint.ac
Compared to the previous year (2023), HNI's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that HNI's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, HNI reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, HNI reported 1,893,024 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 HNI includes a breakdown across 0 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, HNI reported total Scope 3 emissions of 1,893,024 metric tons of CO₂ equivalent (tCO₂e).a
Since 2020, HNI's Scope 3 emissions have increased by 213.03%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), HNI's Scope 3 emissions remained relatively stable, indicating that HNI's emissions have plateaued with no significant change in its value chain footprint.a
In 2024, HNI reported Scope 1 greenhouse gas (GHG) emissions of 48,252 tCO₂e and total revenues of USD 2,526 millions. This translates into an emissions intensity of 19.1 tCO₂e per millions USD.a
In 2024, HNI reported a Scope 1 emissions intensity of 19.1 tCO₂e per millions USD. Compared to the peer group median of 8.87, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, HNI ranked 21 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places HNI among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, HNI reported a total carbon footprint of 2,012,964 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.09% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to HNI's total carbon footprint was Scope 3 emissions, accounting for 94.04% of the company's total carbon footprint, followed by Scope 2 emissions at 3.56%.a