H & M Hennes & Mauritz AB
Apparel Retail
HM-B.ST
SEK 141 (1.2)%
$ 22 bn
$ 27 bn
Carbon footprint
Primary Climate Goal
H & M Hennes & Mauritz AB aims to reduce Scope 1 + 2 by 40% by 2030 from a base year 2017
GHG emissions and Carbon intensity
H & M Hennes & Mauritz AB reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 50 Kt (-25 /-33.5% y-o-y). Also positively, carbon intensity decreased to 2.2 t (-1.4 /-38.9% y-o-y).
H & M Hennes & Mauritz AB's Scope 3 emissions grew to 7.7 Kt (
The company is committed to reducing Scope 1 + 2 by 40% by 2030 from a base year 2017, which translates into the estimated reduction of -1.3 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
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