Hugo Boss

Apparel, Accessories & Luxury Goods
BOSS.DE
€ 64 0.13
Share price
$ 4.8 bn
Market Cap
$ 6 bn
Enterprise Value

Carbon footprint

4.5 Ton
GHG emissions per $ 1 mln investment
0.13x the weighted average for S&P 500
FY2021
How is this calculated?
-1.3%
YOY change in GHG emissions
Weaker than the -11% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

-2.5%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -9.3% weighted average for S&P 500
FY2022
How is this calculated?

Hugo Boss aims to reduce Scope 1 + 2 by 51% by 2030 from a base year 2018


1.5°C
Hugo Boss's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

Secondary Climate Goal

-3.4%
Proj. YOY change in GHG emissions (all Scopes)
Stronger than the -1.4% weighted average for S&P 500
FY2022
How is this calculated?

Hugo Boss aims to achieve net zero for all Scopes by 2050


This target has not been verified as science based according to SBTi
Hugo Boss's actual and proj. GHG emissions (all Scopes) (Kt of CO2e)

GHG emissions and Carbon intensity

Hugo Boss's GHG emissions (market-based) (Kt of CO2e)
Hugo Boss's Carbon intensity (Tons per 1 USDm)

Hugo Boss's carbon footprint

Hugo Boss reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 27 Kt (-0.35 /-1.3% y-o-y). At the same time, carbon intensity .

Hugo Boss's Scope 3 emissions increased sharply to 683 Kt (+130/+24% y-o-y). There has been no clear trend lately.

The company is committed to reducing Scope 1 + 2 by 51% by 2030 from a base year 2018, which translates into the estimated reduction of -0.67 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Also, the company commits to achieving net zero for all Scopes by 2050, which translates into the estimated reduction of -24 Kt per annum over the period of FY2022 - FY2050. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Also, the company commits to reducing Scope 3 by 30% by 2030 from a base year 2018, which translates into the estimated reduction of -16 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Company environmental metrics

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