Hugo Boss AG

Common Name
Hugo Boss
Country
Germany
Sector
Consumer Cyclical
Industry
Apparel Manufacturing
Employees
18,376
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 GHG Emissions Data Preview

In 2023, Hugo Boss 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).

Hugo Boss has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Hugo Boss's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Hugo Boss amounted to 50,196 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Hugo Boss increased by 0.61%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Hugo Boss's Scope 1 Emissions Over Time

20182019202020212022202303.5 k7 k10.5 k14 ktCO2e-3%-16%+1%+9%+3%
  • Total Scope 1
  • Year-over-Year Change

What are Hugo Boss's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Hugo Boss were 11,438 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Hugo Boss reduced its Scope 1 emissions over time?

Since 2018, Hugo Boss's Scope 1 emissions have decreased by 8.11%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Hugo Boss's Scope 1 emissions increased by 3.04%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Hugo Boss's Scope 2 emissions?

In 2023, Hugo Boss reported Scope 2 greenhouse gas (GHG) emissions of 18,625 tCOâ‚‚e using the market-based method, and 38,758 tCOâ‚‚e using the location-based method.

Has Hugo Boss reduced its Scope 2 emissions over time?

Since 2018, Hugo Boss's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 10.84%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Hugo Boss's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Hugo Boss 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Hugo Boss use for Scope 2 reporting?

In 2023, Hugo Boss reported its Scope 2 emissions using the market-based method and using the location-based method.

Hugo Boss's Scope 2 Emissions Over Time

201820192020202120222023015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Hugo Boss's Value Chain Emissions

In 2023, Hugo Boss reported 1,056,845 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Hugo Boss includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Hugo Boss's Scope 3 Emissions Over Time

2018201920202021202220230300 k600 k900 k1.2 MtCO2e-5%-24%+24%+56%-1%
  • Total Scope 3
  • Year-over-Year Change

What are Hugo Boss's Scope 3 emissions?

In 2023, Hugo Boss reported total Scope 3 emissions of 1,056,845 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 97.78% of these emissions originated from upstream activities such as purchased goods and capital goods, while 2.22% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Hugo Boss reduced its Scope 3 emissions over time?

Since 2018, Hugo Boss's Scope 3 emissions have increased by 36.86%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Hugo Boss's Scope 3 emissions remained relatively stable, indicating that Hugo Boss 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Hugo Boss disclose?

In 2023, Hugo Boss reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Hugo Boss's Scope 3 emissions?

In 2023, the largest contributors to Hugo Boss's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 939,898 tCOâ‚‚e (88.93%)
  • Upstream Transportation and Distribution (Cat. 4): 67,878 tCOâ‚‚e (6.42%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 23,497 tCOâ‚‚e (2.22%)

Hugo Boss's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(6.4%)Purchased Goods andServices (Cat. 1)(88.9%)End-of-LifeTreatment of SoldProducts (Cat. 12)(2.2%)

Insights into Hugo Boss's Total Carbon Footprint

In 2023, Hugo Boss reported a total carbon footprint of 1,107,041 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 0.58% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Hugo Boss's total carbon footprint was Scope 3 emissions, accounting for 95.47% of the company's total carbon footprint, followed by Scope 2 emissions at 3.5%.