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Apparel Production
AU
updated 2 months ago

Myer Holdings Limited Sustainability Profile

Company website

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.

16

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.

32

Industry Benchmark

Myer Holdings Limited's score of 16 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.

11%

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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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20212022
Scope 1
533,000,000
000,000
Scope 2
-
000,000
Scope 3
-
-

How Carbon Intensive is Myer Holdings Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Myer Holdings Limited's primary industry is Apparel Production, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Myer Holdings Limited's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Myer Holdings Limited is in AU, which has a very high grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Myer Holdings Limited's Emissions with Industry Peers

Bonia Corporation Berhad

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Wearing apparel; furs (18)
Updated 11 days ago

Breville Group Ltd

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•
Electrical machinery and apparatus n.e.c. (31)
Updated 1 day ago

Sainsbury's

GB
•
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated about 1 month ago

Costco Wholesale

US
•
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated 13 days ago

Alibaba

CN
•
Computer and related services (72)
Updated about 1 month ago

Amazon

US
•
Computer and related services (72)
Updated 5 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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