Hermes Sustainability Profile
Hermès International SCA, commonly known as Hermès, is a prestigious French luxury goods manufacturer headquartered in Paris, France. Founded in 1837, the brand has established itself as a leader in the luxury industry, renowned for its exquisite craftsmanship and timeless elegance. Hermès operates globally, with a strong presence in Europe, Asia, and the Americas, catering to a discerning clientele. The company is celebrated for its core products, including leather goods, silk scarves, and ready-to-wear fashion, each distinguished by meticulous attention to detail and quality. Notable achievements include the iconic Birkin and Kelly bags, which have become symbols of luxury and exclusivity. With a commitment to heritage and innovation, Hermès continues to maintain its esteemed market position, embodying the essence of luxury craftsmanship.
DitchCarbon Score
How does Hermes'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 Wholesale Trade 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
Hermes's score of 95 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hermes's reported carbon emissions
In 2024, Hermès reported total carbon emissions of approximately 747,810,000 kg CO2e, with Scope 1 emissions at about 17,800,000 kg CO2e, Scope 2 emissions (market-based) at approximately 2,693,000 kg CO2e, and Scope 3 emissions reaching about 731,915,000 kg CO2e. This represents a significant increase from 2023, where total emissions were about 665,800,000 kg CO2e, with Scope 1 at approximately 12,800,000 kg CO2e, Scope 2 (market-based) at about 9,200,000 kg CO2e, and Scope 3 at around 643,800,000 kg CO2e. Hermès has set ambitious climate commitments, aiming for a 50.4% reduction in absolute Scope 1 and 2 emissions by 2030, using 2018 as the baseline year. Additionally, the company targets a 58.1% reduction in Scope 3 emissions per million euros of value added over the same period. These targets are aligned with the Science-Based Targets initiative (SBTi) and are part of Hermès's broader commitment to achieve net zero emissions by 2050. The company has also pledged to transition to 100% renewable electricity by 2025, building on its 69% renewable sourcing in 2018. This commitment reflects Hermès's dedication to sustainable practices within the textiles and luxury goods sector, as it works to mitigate its environmental impact while maintaining its operational integrity. Data for Hermès's emissions and targets are cascaded from its parent organization, Hermès International Société en commandite par actions, ensuring consistency and accountability in its climate strategy.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Hermes's Industry?
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Hermes's Scope 3 Categories Breakdown
Hermes's Scope 3 emissions, which increased by 14% last year and increased by approximately 35% since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 72% of Scope 3 emissions.
Top Scope 3 Categories
Hermes'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.
Hermes has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Hermes's sustainability data and climate commitments