Myer Holdings Limited Sustainability Profile
Myer Holdings Limited, commonly referred to as Myer, is a prominent Australian department store chain headquartered in Melbourne, Australia. Established in 1900, Myer has evolved into a key player in the retail industry, primarily focusing on fashion, beauty, homewares, and electronics. With a strong presence across major Australian cities, the company operates numerous stores, catering to a diverse customer base. Myer is renowned for its unique blend of high-quality products and exceptional customer service, setting it apart in a competitive market. Over the years, the company has achieved significant milestones, including the launch of its online shopping platform, which has enhanced its accessibility. As a leading retailer, Myer continues to adapt to changing consumer preferences, solidifying its position as a trusted name in Australian retail.
DitchCarbon Score
How does Myer Holdings Limited'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
Myer Holdings Limited's score of 18 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Myer Holdings Limited, headquartered in Australia, currently does not have publicly available carbon emissions data for the most recent year. As a merged entity, any emissions data would be inherited from its corporate family, specifically from Myer Holdings Limited itself. The company has not outlined specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. Additionally, there are no documented initiatives related to carbon emissions reduction or climate commitments at this time. In the context of the retail industry, Myer Holdings Limited's lack of disclosed emissions data and reduction initiatives highlights a broader trend where many companies are still developing their climate strategies. As the industry moves towards greater transparency and accountability, it is essential for organisations like Myer to establish clear targets and report on their emissions to align with global climate goals.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 533,000,000 | 000,000 |
| Scope 2 | - | 000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Myer Holdings Limited's Industry?
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Myer Holdings Limited'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.
Myer Holdings Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
