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 747.8 million kg CO2e, comprising 17.8 million kg CO2e from Scope 1, 2.7 million kg CO2e from Scope 2 (market-based), and 731.9 million kg CO2e from Scope 3 emissions. This marks a significant increase from 2023, when total emissions were approximately 665.8 million kg CO2e, with Scope 1 at 12.8 million kg CO2e, Scope 2 at 9.2 million kg CO2e (market-based), and Scope 3 at 643.8 million 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. Additionally, the company targets a 58.1% reduction in Scope 3 emissions per million euros of value added by 2030. To support these goals, Hermès is committed to achieving 100% renewable electricity sourcing by 2025. These targets are part of Hermès's broader strategy to align with the Science-Based Targets initiative (SBTi) and contribute to global efforts to limit temperature rise to below 1.5°C. The emissions data reported by Hermès is cascaded from its parent company, Hermès International Société en commandite par actions, ensuring consistency and accountability in their climate reporting.
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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?
How Carbon Intensive is Hermes's Location?
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.
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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
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