Hugo Boss AG

Common Name
Hugo Boss
Country
Germany
Sector
Consumer Cyclical
Industry
Apparel Manufacturing
Employees
18,262
Ticker
BOSS
Exchange
XETRA
Description
Hugo Boss AG is a world-renowned German luxury fashion brand specializing in high-end men's and women's apparel, footwear, and accessories. Established in 1924 and headquartered in Metzingen, Germany,...

Hugo Boss's Climate Target Data Preview

As of 2023, Hugo Boss has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Hugo Boss ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Upstream Leased Assets (Cat. 8), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
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Verified Sources Behind Hugo Boss’s Climate Targets Data

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a. Hugo Boss's Sustainability Report 2023
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Insights into Hugo Boss's Greenhouse Gas Emissions Pathways

As of 2023, Hugo Boss has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a

Does Hugo Boss have a target to reduce the emissions from its operations?

As of 2023, Hugo Boss has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Hugo Boss's most ambitious operational target is to reduce these emissions by 50% by 2030, compared to a baseline of 32,064 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

As of 2023, Hugo Boss is lagging behind on its operational emissions reduction target, having achieved 10.6% of the planned reduction. a

Hugo Boss's Operational (Scope 1+2) Emissions Pathway

20192023203008.5 k17 k25.5 k34 kCurrent (-5%)Target 2030 (-50%)

Does Hugo Boss have a target to reduce the emissions from its value chain?

As of 2023, Hugo Boss has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 8 out of the 15 Scope 3 categories defined by the GHG Protocol. a

Hugo Boss's most ambitious value chain target is to reduce these emissions by 50% by 2030, compared to a baseline of 731,575 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a

Instead of reducing value chain emissions, Hugo Boss has increased them, with 2023 levels exceeding those of the 2019 baseline, placing the company well behind its reduction target. a

Hugo Boss's Value Chain (Scope 3) Emissions Pathway

2019202320300300 k600 k900 k1.2 MBaselineCurrent (+45%)Target 2030 (-50%)
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