Hermes

Hermès, operating within the wholesale trade and commission trade services sector in France, is committed to significant carbon emission reductions and achieving net-zero by 2050.

Carbon Emissions Data:

• 2025: Hermes reported a total of approximately 658,455,000 kg CO2e. This breakdown includes:
  • Scope 1: Approximately 19,104,000 kg CO2e.
  • Scope 2 (market-based): Approximately 767,000 kg CO2e.
  • Scope 3: Approximately 660,263,000 kg CO2e, with purchased goods and services being the largest contributor at approximately 459,401,000 kg CO2e.
• 2024: The company's total emissions were approximately 747,810,000 kg CO2e. Scope 3 emissions accounted for the majority, at approximately 735,144,000 kg CO2e.
• 2023: Total emissions were approximately 665,800,000 kg CO2e, with Scope 3 emissions at approximately 643,800,000 kg CO2e.
• 2022: Total emissions were approximately 640,900,000 kg CO2e, with Scope 3 emissions at approximately 609,600,000 kg CO2e.
• 2021: Total emissions were approximately 527,500,000 kg CO2e, with Scope 3 emissions at approximately 490,100,000 kg CO2e.
• 2020: Total emissions were approximately 501,000,000 kg CO2e, with Scope 3 emissions at approximately 462,500,000 kg CO2e.
• 2019: Total emissions were approximately 524,900,000 kg CO2e, with Scope 3 emissions at approximately 483,500,000 kg CO2e.
• 2018: Total emissions were approximately 622,429,000 kg CO2e, with Scope 3 emissions at approximately 578,694,000 kg CO2e.
• 2017: Total emissions were approximately 584,400,000 kg CO2e, with Scope 3 emissions at approximately 542,200,000 kg CO2e.

Climate Commitments and Reduction Targets:

Hermès has established science-based targets through the Science-Based Targets initiative (SBTi) and is committed to:

• Net Zero: Achieving net-zero emissions by 2050.
• Scope 1 & 2 Emissions Reduction: A near-term target to reduce absolute Scope 1 and 2 emissions by 50.4% by 2030, using 2018 as the base year. This target is aligned with keeping global temperature rise to 1.5°C.
• Scope 3 Emissions Reduction: A near-term target to reduce Scope 3 emissions by 58.1% in intensity (per million euros of value added) by 2030, compared to the 2018 base year.
• Renewable Electricity: Increasing the sourcing of renewable electricity from 69% in 2018 to 100% by 2025, and maintaining this 100% renewable electricity sourcing through 2030.
• Building and Renovation: Halving the carbon footprint per square metre of buildings built and renovated by 2030, compared to 2018.

Hermès is also working towards neutralising a growing portion of its residual carbon emissions by 2030. The company is on track for its five-year targets for Scope 2 emissions reduction.

All emissions data is inherited from the parent company, Hermès International Société en commandite par actions.