Myer Holdings Limited
Myer Holdings Limited, commonly known as Myer, is a prominent Australian department store chain headquartered in Melbourne, Australia. Founded in 1900, Myer has established itself as a key player in the retail industry, primarily operating in major urban centres across Australia. The company offers a diverse range of products, including fashion, beauty, homewares, and electronics, catering to a wide demographic. With a commitment to quality and customer service, Myer distinguishes itself through its extensive selection of both local and international brands. Over the years, the company has achieved significant milestones, including the launch of its online shopping platform, enhancing its market presence. As one of Australia's leading retailers, Myer continues to adapt to changing consumer preferences while maintaining a strong reputation for value and innovation in the retail sector.
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 Apparel Production 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 16 is lower than 85% 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 2022, Myer Holdings Limited reported total carbon emissions of approximately 686,600 kg CO2e, comprising 404,000 kg CO2e from Scope 1 emissions and 282,600 kg CO2e from Scope 2 emissions. This data reflects a significant reduction from 2021, where Scope 1 emissions alone were reported at 533,000,000 kg CO2e, indicating a substantial decrease in direct emissions. Despite these reductions, Myer has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Furthermore, the company has not established specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. Myer Holdings Limited's emissions data is not cascaded from any parent organization, indicating that the figures are independently reported. The company continues to focus on sustainability initiatives, although specific reduction targets have not been outlined.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 533,000,000 | 000,000 |
| Scope 2 | - | 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.
