Neiman Marcus

Neiman Marcus reported its market-based Scope 1 and 2 emissions for 2022 as approximately 44,623,000 kg CO2e, with location-based Scope 1 and 2 emissions at about 49,310,000 kg CO2e. Additionally, in 2022, its Scope 3 emissions totalled approximately 1,653,544,000 kg CO2e, including about 1,438,583,280 kg CO2e from purchased goods and services, 99,212,640 kg CO2e from upstream transportation and distribution, and 82,677,200 kg CO2e from downstream transportation and distribution.

For 2021, the company's market-based Scope 1 and 2 emissions were about 52,234,000 kg CO2e, and location-based Scope 1 and 2 emissions were around 52,448,000 kg CO2e. In 2020, market-based Scope 1 and 2 emissions were approximately 59,480,000 kg CO2e, and location-based Scope 1 and 2 emissions were about 58,369,000 kg CO2e. In 2019, Neiman Marcus’s Scope 1 emissions were approximately 5,480,000 kg CO2e, and market-based Scope 2 emissions were around 77,238,000 kg CO2e, with location-based Scope 2 emissions at about 70,409,000 kg CO2e.

Neiman Marcus Group has committed to an ambitious near-term Science Based Target initiative (SBTi) target, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 53% by 2028 from a 2019 base year. This target is classified as consistent with reductions required to keep warming to 1.5°C. Furthermore, the company pledges to increase its annual sourcing of renewable electricity from 0% in 2019 to 100% by 2030. It also commits that 75% of its suppliers, by spend covering purchased goods and services, will have science-based targets by 2028.