Hudson's Bay Company, commonly known as HBC or The Bay, is a prominent Canadian retail enterprise headquartered in Toronto, Ontario. Established in 1670, it stands as one of North America's oldest companies, with a rich history that includes significant milestones in the retail sector. Operating primarily in Canada, HBC has made a name for itself in the department store industry, offering a diverse range of products including fashion, home goods, and beauty items.
The Bay is renowned for its unique blend of contemporary and classic merchandise, catering to a wide demographic. With a strong market position, Hudson's Bay continues to innovate in the retail landscape, focusing on customer experience and quality service. Its commitment to sustainability and community engagement further distinguishes it in the competitive retail market.
-14 vs industry average
Hudsons Bay’s score of 21 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2020
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hudsons Bay's reported carbon emissions
In 2020, Hudson's Bay reported total carbon emissions of approximately 54.2 million kg CO2e. This figure reflects the company's overall impact on the environment, although specific breakdowns for Scope 1, Scope 2, and Scope 3 emissions are not available due to missing data points. Over the past few years, emissions have fluctuated, with 2019 emissions recorded at about 66.0 million kg CO2e and 2018 emissions at approximately 76.3 million kg CO2e. This indicates a notable reduction in emissions from 2018 to 2020, although the absence of detailed scope data limits a comprehensive analysis of their emissions profile. Currently, Hudson's Bay has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The company does not appear to have cascaded emissions data from a parent organization, indicating that the reported figures are solely from Hudson's Bay Company. As Hudson's Bay continues to navigate its sustainability journey, further transparency and commitment to emissions reduction will be essential in addressing climate change and enhancing its environmental stewardship.
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Hudsons Bay’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Hudsons Bay yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Hudsons Bay
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