H And M

H&M, headquartered in Sweden, reported total emissions of approximately 6.85 billion kg CO2e in 2025. This includes Scope 1 emissions of about 17.04 million kg CO2e, Scope 2 market-based emissions of roughly 25.13 million kg CO2e, and Scope 3 emissions of approximately 6.81 billion kg CO2e. In 2024, the company's total emissions were around 7.83 billion kg CO2e, with Scope 1 at about 17.00 million kg CO2e, Scope 2 market-based at roughly 28.49 million kg CO2e, and Scope 3 at approximately 7.79 billion kg CO2e. This shows a decrease in total emissions between 2024 and 2025.

H&M has set ambitious climate commitments validated by the Science Based Targets initiative (SBTi). The company aims to achieve net-zero greenhouse gas emissions across its value chain by fiscal year 2040, using a fiscal year 2019 baseline. Near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 56% by FY2030, and increasing annual sourcing of renewable electricity from 90.6% in FY2019 to 100% by FY2030. Furthermore, H&M commits to reducing absolute Scope 3 GHG emissions by 56% by FY2030. Long-term targets include a 90% reduction in Scope 1 and 2 GHG emissions and a 90% reduction in absolute Scope 3 GHG emissions by FY2040, both from a FY2019 baseline. H&M also aims to reduce its operational emissions by 30% by 2025 from a 2019 baseline and reduce its electricity intensity by 25% by 2025 compared to a 2016 baseline.