H & M Hennes & Mauritz AB

Apparel Retail
HM-B.ST
SEK 156 (2.7)%
Share price
$ 23 bn
Market Cap
$ 28 bn
Enterprise Value

Carbon footprint

1.8 Ton
GHG emissions per $ 1 mln investment
0.05x the weighted average for S&P 500
FY2021
How is this calculated?
-34%
YOY change in GHG emissions
Stronger than the -0.8% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-2.6%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -8% weighted average for S&P 500
FY2022
How is this calculated?

H & M Hennes & Mauritz AB aims to reduce Scope 1 + 2 by 40% by 2030 from a base year 2017


This target has not been verified as science based according to SBTi
H & M Hennes & Mauritz AB's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

H & M Hennes & Mauritz AB's GHG emissions (market-based) (Kt of CO2e)
H & M Hennes & Mauritz AB's Carbon intensity (Tons per 1 USDm)

H & M Hennes & Mauritz AB's carbon footprint

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 (+0.41/+5.6% y-o-y). The performance has been erratic recently.

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.

Company environmental metrics

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