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HNI Corp

Common Name
HNI
Country
United States
Sector
Consumer Cyclical
Industry
Furnishings, Fixtures & Appliances
Employees
7,600
Ticker
HNI
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Hni Corporation is a prominent player in the business and residential furniture manufacturing industry. The company specializes in designing and supplying office furniture and home seating solutions t...

HNI's GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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a
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b
0000000
Total Scope 2
Market-Based
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b
0000000
Location-Based
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b
0000000
Total Scope 3
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a
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
0000000
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$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=HNI&reporting_period=2024"

Verified Sources Behind HNI’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore HNI’s data sources below and access millions more through our Disclosure Search.

a. HNI's GRI index 2024
a. HNI's GRI index 2024
b. HNI's CDP Climate sourced from company’s website 2024
b. HNI's CDP Climate sourced from company’s website 2024
c. HNI's CSR Report 2020
c. HNI's CSR Report 2020

Insights into HNI's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofHNI amounted to119,940metric 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 HNIdecreased by 6.07%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

HNI's Scope 1 Emissions Over Time

2020202220232024015 k30 k45 k60 ktCO2e+9%-14%-3%
  • Total Scope 1
  • Year-over-Year Change

What are HNI's Scope 1 emissions?

In 2024, the total Scope 1 emissions of HNI were 48,252 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has HNI reduced its Scope 1 emissions over time?

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

What are HNI's Scope 2 emissions?

In 2024, HNI reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method and 71,688 tCOâ‚‚e using the location-based method.a

Has HNI reduced its Scope 2 emissions over time?

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

What methodology does HNI use for Scope 2 reporting?

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

HNI's Scope 2 Emissions Over Time

2020202220232024025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into HNI's Value Chain Emissions

In 2024, HNI reported 1,893,024 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 HNI includes a breakdown across 0of 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

HNI's Scope 3 Emissions Over Time

20202022202320240750 k1.5 M2.25 M3 MtCO2e+395%-35%-3%
  • Total Scope 3
  • Year-over-Year Change

What are HNI's Scope 3 emissions?

In 2024, HNI reported total Scope 3 emissions of 1,893,024 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has HNI reduced its Scope 3 emissions over time?

Since 2020, HNI's Scope 3 emissionshave 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

Insights into HNI’s GHG Emissions Intensity Compared to Industry Peers

In 2024, HNI reported Scope 1 greenhouse gas (GHG) emissions of 48,252 tCOâ‚‚e and total revenues of USD 2,526 millions. This translates into an emissions intensity of 19.1 tCOâ‚‚e per millions USD.a

HNI's Scope 1 Emissions Intensity Compared to Peers

2002,00050,000500,00010,000,000Scope 1 Emissions (tCO2e)2001,0005,00010,00050,000Revenues (Millions of USD)LPLWendy'sYear: 2024Scope 1: 14,295 tCO2eRevenue: $M 2,246Scope 1 Intensity: 6.36 tCO2e/$MAlbany InternationalYear: 2024Scope 1: 31,085 tCO2eRevenue: $M 1,231Scope 1 Intensity: 25.26 tCO2e/$MMohawk IndustriesYear: 2024Scope 1: 1,967,585 tCO2eRevenue: $M 10,837Scope 1 Intensity: 181.56 tCO2e/$MPapa John's InternationalYear: 2024Scope 1: 51,849 tCO2eRevenue: $M 2,059Scope 1 Intensity: 25.18 tCO2e/$MSomnigroup InternationalYear: 2024Scope 1: 43,725 tCO2eRevenue: $M 4,931Scope 1 Intensity: 8.87 tCO2e/$MSharkninjaYear: 2024Scope 1: 582 tCO2eRevenue: $M 5,527Scope 1 Intensity: 0.11 tCO2e/$MWyndham Hotels & ResortsYear: 2024Scope 1: 15,889 tCO2eRevenue: $M 1,408Scope 1 Intensity: 11.28 tCO2e/$MPeloton InteractiveYear: 2024Scope 1: 5,835 tCO2eRevenue: $M 2,700Scope 1 Intensity: 2.16 tCO2e/$MLa-Z-BoyYear: 2025Scope 1: 44,471 tCO2eRevenue: $M 2,109Scope 1 Intensity: 21.08 tCO2e/$MKontoor BrandsYear: 2024Scope 1: 17,000 tCO2eRevenue: $M 2,608Scope 1 Intensity: 6.52 tCO2e/$MWhirlpoolYear: 2024Scope 1: 121,002 tCO2eRevenue: $M 16,607Scope 1 Intensity: 7.29 tCO2e/$MMillerKnollYear: 2025Scope 1: 36,031 tCO2eRevenue: $M 3,670Scope 1 Intensity: 9.82 tCO2e/$MHanesBrandsYear: 2024Scope 1: 43,248 tCO2eRevenue: $M 3,507Scope 1 Intensity: 12.33 tCO2e/$MLLLeggett & PlattYear: 2024Scope 1: 203,793 tCO2eRevenue: $M 4,384Scope 1 Intensity: 46.49 tCO2e/$MPPPhiniaYear: 2024Scope 1: 7,368 tCO2eRevenue: $M 3,403Scope 1 Intensity: 2.17 tCO2e/$MMarriott Vacations WorldwideYear: 2024Scope 1: 68,212 tCO2eRevenue: $M 4,967Scope 1 Intensity: 13.73 tCO2e/$MSteelcaseYear: 2025Scope 1: 32,542 tCO2eRevenue: $M 3,166Scope 1 Intensity: 10.28 tCO2e/$MBath & Body WorksYear: 2024Scope 1: 17,164 tCO2eRevenue: $M 7,307Scope 1 Intensity: 2.35 tCO2e/$MMasterbrand IncYear: 2024Scope 1: 39,349 tCO2eRevenue: $M 2,700Scope 1 Intensity: 14.57 tCO2e/$MChampion HomesYear: 2023Scope 1: 8,011 tCO2eRevenue: $M 2,607Scope 1 Intensity: 3.07 tCO2e/$MCrocsYear: 2024Scope 1: 4,098 tCO2eRevenue: $M 4,102Scope 1 Intensity: 1.00 tCO2e/$MLLLight & WonderYear: 2024Scope 1: 4,345 tCO2eRevenue: $M 3,188Scope 1 Intensity: 1.36 tCO2e/$MH & R BlockYear: 2024Scope 1: 22,993 tCO2eRevenue: $M 3,610Scope 1 Intensity: 6.37 tCO2e/$MHNIYear: 2024Scope 1: 48,252 tCO2eRevenue: $M 2,526Scope 1 Intensity: 19.10 tCO2e/$M

How does HNI's GHG emissions intensity compare to its peers?

In 2024, HNI reported a Scope 1 emissions intensity of 19.1 tCOâ‚‚e 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

Where does HNI rank on GHG emissions intensity within its industry?

In 2024, HNI ranked 19 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places HNI among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into HNI's Total Carbon Footprint

In 2024, HNI reported a total carbon footprint of 2,012,964 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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

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