H&M Shared Services, Inc. Sustainability Profile
H&M Shared Services, Inc., a prominent player in the shared services industry, is headquartered in the United States. Founded in the early 2000s, the company has established itself as a leader in providing comprehensive business solutions across various operational regions, including North America and Europe. Specialising in finance, human resources, and IT services, H&M Shared Services distinguishes itself through its commitment to efficiency and innovation. The company has achieved significant milestones, including the implementation of advanced technology platforms that streamline operations for its clients. With a strong market position, H&M Shared Services is recognised for its exceptional service delivery and client satisfaction, making it a trusted partner for businesses seeking to optimise their operational processes.
DitchCarbon Score
How does H&M Shared Services, Inc.'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 Water Distribution 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&M Shared Services, Inc.'s score of 17 is lower than 52% 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&M Shared Services, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary of H&M Group, it inherits emissions data from its parent organisation, which may not be disclosed in this instance. The company has not outlined any specific reduction targets or climate pledges, nor does it report any initiatives through the Science Based Targets initiative (SBTi) or other recognised frameworks. However, emissions data may be cascaded from related entities, such as MasTec, Inc., at a cascade level of 2, which could provide insights into broader corporate climate strategies. In the absence of specific emissions figures, H&M Shared Services, Inc. is positioned within an industry context that increasingly prioritises sustainability and carbon reduction. The company is expected to align with the overarching climate commitments of its parent organisation, which typically includes efforts to reduce Scope 1, 2, and 3 emissions across its operations. As the company continues to develop its climate strategy, stakeholders can anticipate future disclosures that may include specific emissions data and reduction initiatives.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 533,000,000 | 000,000 |
| Scope 2 | - | 000,000 |
| Scope 3 | - | - |
How Carbon Intensive is H&M Shared Services, Inc.'s Industry?
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H&M Shared Services, Inc.'s Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
H&M Shared Services, Inc. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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