Myer Holdings Limited
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 10 is lower than 95% 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's reported carbon emissions
In 2024, Myer Holdings Limited reported carbon emissions of approximately 614,200 kg CO2e, all of which fall under Scope 2 emissions. This figure remained consistent with the previous year's emissions data for 2023, which also recorded about 614,200 kg CO2e in Scope 2 emissions. Despite the stable emissions figures, Myer has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint. The company does not currently report on Scope 1 or Scope 3 emissions, indicating a potential area for future improvement in transparency and climate action. Myer Holdings Limited's emissions data is cascaded from its own reporting, with no additional data inherited from a parent or related organization. The company has not committed to any industry-standard climate initiatives such as the Science Based Targets initiative (SBTi) or similar pledges. Overall, while Myer Holdings Limited maintains a clear record of its Scope 2 emissions, the absence of reduction targets highlights an opportunity for the company to enhance its climate commitments and align with broader sustainability goals within the retail sector.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 614,200 | 000,000 |
| Scope 3 | - | - |
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.
Myer Holdings Limited is not participating in any of the initiatives that 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.
