Hudsons Bay
Hudson's Bay Company, commonly referred to as HBC or The Bay, is a prominent Canadian retail business headquartered in Toronto, Ontario. Established in 1670, it is one of the oldest companies in North America, with a rich history that includes significant milestones in the retail industry. HBC operates primarily in the department store sector, offering a diverse range of products, including fashion, home goods, and beauty items. The Bay distinguishes itself through its unique blend of heritage and modern retail experiences, catering to a wide demographic across Canada and the United States. With a strong market position, Hudson's Bay has achieved notable recognition for its commitment to quality and customer service, making it a trusted name in the retail landscape.
DitchCarbon Score
How does Hudsons Bay'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 Retail Trade Services 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
Hudsons Bay's score of 22 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hudsons Bay's reported carbon emissions
In 2020, Hudson's Bay reported total carbon emissions of approximately 54.2 million tonnes CO2e. This marked a significant reduction from 65.9 million tonnes CO2e in 2019 and 76.3 million tonnes CO2e in 2018, indicating a downward trend in their emissions over these years. While specific details on Scope 1 and Scope 2 emissions are not provided, the overall reduction reflects Hudson's Bay's commitment to addressing climate change. However, there are currently no publicly available reduction targets or initiatives outlined by the company, such as those associated with the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). As the retail industry increasingly focuses on sustainability, Hudson's Bay's emissions data highlights the importance of ongoing efforts to reduce carbon footprints and enhance climate commitments.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Hudsons Bay is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
