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.
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.
Industry Benchmark
H And M's score of 96 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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H And M's reported carbon emissions
In 2023, H&M Group reported total carbon emissions of approximately 8,469,000,000 kg CO2e, with emissions distributed across various scopes: 15,754,000 kg CO2e (Scope 1), 38,451,000 kg CO2e (Scope 2), and 8,413,000,000 kg CO2e (Scope 3). The company has set ambitious climate commitments, aiming to achieve net-zero emissions across its entire value chain by 2040, using a 2019 baseline. H&M has established near-term targets to reduce absolute Scope 1 and 2 greenhouse gas emissions by 56% by 2030. Additionally, it plans to increase its sourcing of renewable electricity from 90.6% in 2019 to 100% by 2030. The company also aims to cut absolute Scope 3 emissions by 56% within the same timeframe. For long-term goals, H&M is committed to reducing Scope 1 and 2 emissions by 90% and Scope 3 emissions by 90% by 2040. These targets align with the Science Based Targets initiative (SBTi) and reflect H&M's commitment to a climate-positive value chain by 2040.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | 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 | 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
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.
H And M is participating in some 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.
