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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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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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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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

Insights into HNI's Operational Emissions

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

HNI's Scope 1 Emissions Over Time

20182020202220232024020 k40 k60 k80 ktCO2e-18%+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 CO₂ equivalent (tCO₂e). a

Has HNI reduced its Scope 1 emissions over time?

Since 2018, HNI's Scope 1 emissions have decreased by 25.34%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

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 tCO₂e using the market-based method and 71,688 tCO₂e using the location-based method. a

Has HNI reduced its Scope 2 emissions over time?

Since 2018, HNI's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 41.79%, reflecting a declining long-term trend in Scope 2 emissions over time. a b

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

20182020202220232024045 k90 k135 k180 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 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

HNI's Scope 3 Emissions Over Time

201820202022202320240750 k1.5 M2.25 M3 MtCO2e-80%+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 CO₂ equivalent (tCO₂e). a

Has HNI reduced its Scope 3 emissions over time?

Since 2018, HNI's Scope 3 emissions have decreased by 36.86%, reflecting a declining long-term trend in Scope 3 emissions over time. a b

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 tCO₂e and total revenues of USD 2,526 millions. This translates into an emissions intensity of 19.1 tCO₂e per millions USD. a

HNI's Scope 1 Emissions Intensity Compared to Peers

1002,00020,000500,00010,000,000Scope 1 Emissions (tCO2e)2001,0002,00010,00050,000Revenues (Millions of USD)LWendy'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: 2023Scope 1: 52,106 tCO2eRevenue: $M 2,136Scope 1 Intensity: 24.40 tCO2e/$MYeti HoldingsYear: 2024Scope 1: 289 tCO2eRevenue: $M 1,830Scope 1 Intensity: 0.16 tCO2e/$MShake ShackYear: 2023Scope 1: 14,214 tCO2eRevenue: $M 1,088Scope 1 Intensity: 13.07 tCO2e/$MSteven MaddenYear: 2023Scope 1: 944 tCO2eRevenue: $M 1,982Scope 1 Intensity: 0.48 tCO2e/$MSharkninjaYear: 2024Scope 1: 582 tCO2eRevenue: $M 5,527Scope 1 Intensity: 0.11 tCO2e/$MLa-Z-BoyYear: 2023Scope 1: 39,430 tCO2eRevenue: $M 2,349Scope 1 Intensity: 16.78 tCO2e/$MKontoor BrandsYear: 2023Scope 1: 16,288 tCO2eRevenue: $M 2,607Scope 1 Intensity: 6.25 tCO2e/$MWhirlpoolYear: 2024Scope 1: 121,002 tCO2eRevenue: $M 16,607Scope 1 Intensity: 7.29 tCO2e/$MMillerKnollYear: 2022Scope 1: 34,753 tCO2eRevenue: $M 3,946Scope 1 Intensity: 8.81 tCO2e/$MHanesBrandsYear: 2023Scope 1: 39,516 tCO2eRevenue: $M 5,637Scope 1 Intensity: 7.01 tCO2e/$MMarriott Vacations WorldwideYear: 2023Scope 1: 63,857 tCO2eRevenue: $M 4,727Scope 1 Intensity: 13.51 tCO2e/$MAmerican Eagle OutfittersYear: 2023Scope 1: 10,143 tCO2eRevenue: $M 5,262Scope 1 Intensity: 1.93 tCO2e/$MSteelcaseYear: 2025Scope 1: 32,542 tCO2eRevenue: $M 3,166Scope 1 Intensity: 10.28 tCO2e/$MBath & Body WorksYear: 2023Scope 1: 17,599 tCO2eRevenue: $M 7,429Scope 1 Intensity: 2.37 tCO2e/$MMasterbrand IncYear: 2023Scope 1: 39,413 tCO2eRevenue: $M 2,726Scope 1 Intensity: 14.46 tCO2e/$MSealed AirYear: 2023Scope 1: 124,142 tCO2eRevenue: $M 5,489Scope 1 Intensity: 22.62 tCO2e/$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 tCO₂e per millions USD. Compared to the peer group median of 7.01 , 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 20 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

Insights into HNI's Total Carbon Footprint

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

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