Hudsons Bay
Hudson's Bay Company, commonly known as HBC or The Bay, is a prominent Canadian retail enterprise headquartered in Toronto, Ontario. Established in 1670, it stands as one of North America's oldest companies, with a rich history that includes significant milestones in the retail sector. Operating primarily in Canada, HBC has made a name for itself in the department store industry, offering a diverse range of products including fashion, home goods, and beauty items. The Bay is renowned for its unique blend of contemporary and classic merchandise, catering to a wide demographic. With a strong market position, Hudson's Bay continues to innovate in the retail landscape, focusing on customer experience and quality service. Its commitment to sustainability and community engagement further distinguishes it in the competitive retail market.
DitchCarbon Score
How does Hudsons Bay's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Hudsons Bay's score of 25 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hudsons Bay's reported carbon emissions
In 2020, Hudson's Bay reported total carbon emissions of approximately 54,188,000 kg CO2e. This marked a decrease from 2019, when emissions were about 65,994,000 kg CO2e, and from 2018, which saw emissions of approximately 76,302,000 kg CO2e. The data indicates a significant reduction trend over these years. However, Hudson's Bay has not disclosed specific emissions data for Scope 1, Scope 2, or Scope 3, nor have they set formal reduction targets through initiatives such as the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests that while the company is aware of its carbon footprint, it may not have formalised commitments to reduce emissions in the near future. The emissions data is not cascaded from any parent organisation, indicating that Hudson's Bay is reporting independently. The company has not publicly committed to any climate pledges or initiatives that would further outline its climate strategy. Overall, while Hudson's Bay has shown a positive trend in reducing emissions, further transparency and commitment to climate action would enhance its sustainability profile.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hudsons Bay is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
