Neiman Marcus Sustainability Profile
Neiman Marcus Group, often referred to simply as Neiman Marcus, is a premier luxury retail company headquartered in the United States. Established in 1907, the brand has become synonymous with high-end fashion and exceptional customer service, operating primarily in major metropolitan areas across the US. Specialising in luxury apparel, accessories, and home goods, Neiman Marcus offers a curated selection of exclusive designer collections that set it apart in the competitive retail landscape. The company is renowned for its commitment to quality and innovation, exemplified by its iconic "The Christmas Book," which has captivated shoppers for decades. With a strong market position, Neiman Marcus continues to be a leader in the luxury retail sector, consistently achieving notable milestones in customer experience and product offerings.
DitchCarbon Score
How does Neiman Marcus'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
Neiman Marcus's score of 43 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Neiman Marcus's reported carbon emissions
In 2022, Neiman Marcus reported significant carbon emissions, totalling approximately 1,653,544,000 kg CO2e in Scope 3 emissions. This includes 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. The company also reported Scope 1 and 2 emissions of approximately 44,623,000 kg CO2e (market-based). Neiman Marcus has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 53% by 2028, using 2019 as the base year. Additionally, the company plans to source 100% of its electricity from renewable sources by 2030. Furthermore, it commits that 75% of its suppliers, by spend on purchased goods and services, will have science-based targets by 2028. These targets align with the recommendations of the Intergovernmental Panel on Climate Change (IPCC) to cut global emissions by about 45% from 2010 levels by 2030 and achieve net-zero by 2050. Neiman Marcus's climate initiatives are not cascaded from any parent organisation, as all data originates directly from The Neiman Marcus Group LLC.
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| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 5,480,000 | - | - | - |
| Scope 2 | 77,238,000 | - | - | - |
| Scope 3 | - | - | - | 0,000,000,000 |
How Carbon Intensive is Neiman Marcus's Industry?
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Neiman Marcus's Scope 3 Categories Breakdown
Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Purchased Goods and Services" being the largest emissions source at 87% of Scope 3 emissions.
Top Scope 3 Categories
Neiman Marcus'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.
Neiman Marcus has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Neiman Marcus's sustainability data and climate commitments