Hudsons Bay
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 in the retail sector. HBC operates primarily in Canada and has made significant strides 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 presence, Hudson's Bay has achieved notable milestones, including its commitment to sustainability and community engagement. As a leader in the retail landscape, HBC continues to innovate, ensuring a distinctive shopping experience for its customers.
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 carbon emissions of approximately 54.2 million tonnes CO2e in Canada, a significant reduction from about 65.9 million tonnes CO2e in 2019 and 76.3 million tonnes CO2e in 2018. This downward trend indicates a commitment to reducing their carbon footprint, although specific reduction targets or initiatives have not been detailed in the available data. The emissions data primarily reflects total emissions without a breakdown into Scope 1, 2, or 3 categories. As such, the company has not publicly disclosed specific strategies or commitments related to these scopes or any industry-standard climate pledges. Overall, while Hudson's Bay has demonstrated a positive trajectory in reducing emissions over the past few years, further transparency regarding their climate commitments and reduction targets would enhance their sustainability profile.
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.
