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    Company

    H&M Group

    2023
    Quick facts
    8,586,805
    Emissions (ton CO₂e)
    22,258
    Revenue (M USD)
    386
    Intensity (t CO₂e / M USD)

    Ambition & Development

    In 2023, H&M Group reported a total of 8,586,805 ton CO₂e, and a net revenue of 22,258 M USD, resulting in a emissions intensity of 386 t CO₂e / M USD.

    Targets

    Base year:

    2019

    Target year:

    2030

    Reduction:

    0.56

    Classification:

     1.5°C

    H&M Group commits to reduce absolute scope 1 and 2 GHG emissions 56% by FY2030 from a FY2019 base year*. *The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks.

    Source: Science Based Target initative

    Emissions, Revenue & Intensity

    201920212022202302,000,0004,000,0006,000,0008,000,00010,000,00012,000,000t CO₂05,00010,00015,00020,00025,00030,000M USD

    Emissions, Target & Trend

    20192020202120222023202420252026202720282029203002,000,0004,000,0006,000,0008,000,00010,000,00012,000,000t CO₂
    Report missing data
    Revenue2019202120222023
    Net Revenue (M USD)24,62523,20022,17622,258
    Revenue Source
    Emissions Overview2019202120222023
    Total Emissions - Market Based (t CO₂e)11,409,75710,012,6339,413,5998,586,805
    Emissions Intensity (t CO₂e / M USD)463432424386
    Cradle-to-gate Intensity (t CO₂e / M USD)351334329300
    Emissions Details2019202120222023
    Scope 1 Emissions (t CO₂e)23,02420,29417,79616,354
    Scope 2 Emissions (t CO₂e)
    Scope 2 - Market Based48,73335,33946,80338,451
    Scope 2 - Location Based377,307
    Scope 2 - Not specified
    Scope 3 Emissions (t CO₂e)11,338,0009,957,0009,349,0008,532,000
    Upstream Emissions (t CO₂e)
    1. Purchased goods and services8,120,0007,332,0006,898,0006,317,000
    2. Capital goods
    3. Fuel- and energy-related activities
    4. Upstream transportation and distribution449,000361,000331,000303,000
    5. Waste generated in operations
    6. Business travel
    7. Employee commuting
    8. Upstream leased assets
    Downstream Emissions (t CO₂e)
    9. Downstream transportation and distribution
    10. Processing of sold products
    11. Use of sold products2,499,0002,021,0001,851,0001,659,000
    12. End-of-life treatment of sold products97,00097,00092,00089,000
    13. Downstream leased assets
    14. Franchises
    15. Investments
    Total Emissions (t CO₂e)11,409,75710,012,6339,413,5998,586,805
    Emission Source
    Open Sustainability Index

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