Public Profile

H And M

H&M, officially known as Hennes & Mauritz AB, is a leading global fashion retailer headquartered in Sweden (SE). Founded in 1947, the company has grown to become a prominent player in the fast-fashion industry, with a strong presence across Europe, North America, and Asia. H&M offers a diverse range of clothing, accessories, and footwear for men, women, and children, distinguished by its commitment to sustainability and affordability. Over the years, H&M has achieved significant milestones, including the launch of its Conscious Collection, which highlights eco-friendly materials and practices. With a market position bolstered by innovative designs and a robust online presence, H&M continues to set trends while prioritising ethical production. The brand's unique blend of style, quality, and value has solidified its reputation as a go-to destination for fashion-conscious consumers worldwide.

DitchCarbon Score

How does H And M'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.

71

Industry Average

Mean score of companies in the Apparel Production 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.

23

Industry Benchmark

H And M's score of 71 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

H And M's reported carbon emissions

In 2023, H&M Group reported total carbon emissions of approximately 8,532,000,000 kg CO2e, with emissions distributed across various scopes: 16,354,000 kg CO2e from Scope 1, 38,451,000 kg CO2e from Scope 2, and 8,532,000,000 kg CO2e from Scope 3. This reflects a commitment to transparency in their carbon footprint, particularly in Scope 3, which encompasses the majority of their emissions. H&M has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by FY2040, using FY2019 as the baseline year. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 56% by FY2030 and to increase its sourcing of renewable electricity from 90.6% in FY2019 to 100% by FY2030. Additionally, H&M plans to reduce absolute Scope 3 emissions by 56% by FY2030. Long-term goals include a 90% reduction in Scope 1 and 2 emissions and a similar reduction in Scope 3 emissions by FY2040. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect H&M's commitment to sustainable practices within the textiles, apparel, footwear, and luxury goods sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2011201220132014201520162017201820192020202120222023
Scope 1
17,543,000
00,000,000
00,000,000
00,000,000
0,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
272,735,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000,000
00,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. H And M's primary industry is Wearing apparel; furs (18), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. H And M is headquartered in SE, which has a rank of very low, indicating very low grid carbon 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.

H And M is committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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