THG PLC

Common Name
THG
Country
United Kingdom
Sector
Consumer Cyclical
Industry
Internet Retail
Employees
6,797
Ticker
THG
Exchange
LONDON STOCK EXCHANGE
Description
THG plc, also known as The Hut Group, is a UK-based e-commerce company specializing in the retail of health, beauty, and nutrition consumer goods. As a technology-driven enterprise, THG operates a pro...

THG's GHG Emissions Data Preview

In 2024, THG 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).

THG has also provided a category-level breakdown for 12 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 THG's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of THG amounted to 17,980 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 2023, the total operational greenhouse gas (GHG) emissions of THG increased by 0.51%, suggesting that the company faced challenges in reducing its emissions from its core operations.

THG's Scope 1 Emissions Over Time

2020202120222023202401.5 k3 k4.5 k6 ktCO2e+19%+125%+6%-3%
  • Total Scope 1
  • Year-over-Year Change

What are THG's Scope 1 emissions?

In 2024, the total Scope 1 emissions of THG were 5,332 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has THG reduced its Scope 1 emissions over time?

Since 2020, THG's Scope 1 emissions have increased by 174%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), THG's Scope 1 emissions decreased by 3.41%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are THG's Scope 2 emissions?

In 2024, THG reported Scope 2 greenhouse gas (GHG) emissions of 1,778 tCOâ‚‚e using the market-based method, and 12,648 tCOâ‚‚e using the location-based method.

Has THG reduced its Scope 2 emissions over time?

Since 2020, THG's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 31.97%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), THG's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that THG 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does THG use for Scope 2 reporting?

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

THG's Scope 2 Emissions Over Time

2020202120222023202403.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into THG's Value Chain Emissions

In 2024, THG reported 938,801.47 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 2024 disclosure of THG includes a breakdown across 12 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain

THG's Scope 3 Emissions Over Time

20202022202320240250 k500 k750 k1 MtCO2e+26%+4%+15%
  • Total Scope 3
  • Year-over-Year Change

What are THG's Scope 3 emissions?

In 2024, THG reported total Scope 3 emissions of 938,801.47 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 98.38% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.62% came from downstream activities like product use, distribution, and end-of-life treatment.

Has THG reduced its Scope 3 emissions over time?

Since 2020, THG's Scope 3 emissions have increased by 51.29%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), THG's Scope 3 emissions increased by 15.41%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does THG disclose?

In 2024, THG reported emissions for 12 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

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

In 2024, the largest contributors to THG's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 803,360.11 tCOâ‚‚e (85.57%)
  • Upstream Transportation and Distribution (Cat. 4): 92,407.95 tCOâ‚‚e (9.84%)
  • Employee Commuting (Cat. 7): 14,408.99 tCOâ‚‚e (1.53%)

THG's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(9.8%)Purchased Goods andServices (Cat. 1)(85.6%)Employee Commuting(Cat. 7)(1.5%)

Insights into THG's Total Carbon Footprint

In 2024, THG reported a total carbon footprint of 956,781.47 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.09% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to THG's total carbon footprint was Scope 3 emissions, accounting for 98.12% of the company's total carbon footprint, followed by Scope 2 emissions at 1.32%.