As of 2023, THG has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 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 THG's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -42%a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -98%a | 2040 |
Absolute-based Target | Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12) | Metric Tonnes of CO2 equivalent (mtCO2e) | -90%a | 2040 |
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As of 2023, THG 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
As of 2023, THG has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
THG's most ambitious operational target is to reduce these emissions by 97.7% by 2040, compared to a baseline of 11,530 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a
Instead of reducing operational emissions, THG has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.a
As of 2023, THG has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 3 out of the 15 Scope 3 categories defined by the GHG Protocol.a
THG's most ambitious value chain target is to reduce these emissions by 90% by 2040, compared to a baseline of 620,518 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.a
Instead of reducing value chain emissions, THG has increased them, with 2022 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.a