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 is consistent with the emissions reported for 2023, indicating a stable performance in their indirect emissions from purchased electricity. Despite the absence of Scope 1 and Scope 3 emissions data, Myer has not set specific reduction targets or climate pledges, as indicated by the lack of documented reduction initiatives. The company operates under a merged entity structure, inheriting its emissions data directly from Myer Holdings Limited without any cascading targets from parent organisations. As a major player in the retail sector in Australia, Myer Holdings Limited's commitment to managing its carbon footprint is crucial, especially in the context of increasing industry scrutiny on climate impacts. The company’s focus on Scope 2 emissions highlights its reliance on energy efficiency and renewable energy sources to mitigate its environmental impact.
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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.
