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    Company

    H&M Group

    2023
    Quick facts
    8,586,805
    Emissions (ton CO₂e)
    22,258.1
    Revenue (M USD)
    385.78
    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 22,258.1 M USD, resulting in a emissions intensity of 385.78 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
    Revenue2019202120222023
    Net Revenue (M USD)24,625.4823,199.5522,176.4622,258.1
    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)463.33431.59424.49385.78
    Cradle-to-gate Intensity (t CO₂e / M USD)463.33431.59424.49385.78
    Emissions Details2019202120222023
    Scope 123,02420,29417,79616,354
    Scope 2
    Scope 2 - Location Based377,307
    Scope 2 - Market Based48,73335,33946,80338,451
    Scope 2 - Not specified
    Scope 311,338,0009,957,0009,349,0008,532,000
    Upstream Emissions
    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
    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 Emissions11,409,75710,012,6339,413,5998,586,805
    Emission Source
    Open Sustainability Index

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