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Neiman Marcus, a prominent name in the retail trade services sector, is headquartered in the United States and has established a significant presence across major operational regions. Founded in 1907, the company has evolved into a luxury retail powerhouse, specialising in high-end fashion, accessories, and home goods.
Renowned for its curated selection of designer brands and exclusive merchandise, Neiman Marcus distinguishes itself through exceptional customer service and a commitment to quality. The retailer has achieved notable milestones, including the introduction of innovative shopping experiences and a strong online presence, solidifying its market position as a leader in luxury retail. With a focus on delivering unique products and personalised services, Neiman Marcus continues to set trends in the industry while catering to discerning customers.
-5 vs industry average
Neiman Marcus’s score of 31 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Retail Trade Services has below-average carbon intensity
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Neiman Marcus, a US-based retail trade services company, reported Scope 3 emissions of approximately 1.65 billion kg CO2e in 2022. This primarily included about 1.44 billion kg CO2e from purchased goods and services, 99.2 million kg CO2e from upstream transportation and distribution, and 82.7 million kg CO2e from downstream transportation and distribution.
In 2021, the company's Scope 1 and 2 emissions (market-based) were approximately 52.2 million kg CO2e. This followed 59.5 million kg CO2e in 2020. In 2019, Neiman Marcus reported Scope 1 emissions of 5.48 million kg CO2e and Scope 2 emissions (market-based) of 77.2 million kg CO2e.
Neiman Marcus Group has set Science Based Targets initiative (SBTi) approved near-term targets. The company commits to reducing absolute Scope 1 and 2 greenhouse gas emissions by 53% by 2028 from a 2019 base year. This target is consistent with reductions required to limit warming to 1.5°C. Additionally, Neiman Marcus Group aims to increase active annual sourcing of renewable electricity from 0% in 2019 to 100% by 2030. The company also commits that 75% of its suppliers by spend covering purchased goods and services will have science-based targets by 2028.
2028
53% reduction in Scope 2
Neiman Marcus Group commits to reduce absolute scope 2 GHG emissions 53% by 2028 from a 2019 base year.
2028
53% reduction in Scope 1
Neiman Marcus Group commits to reduce absolute scope 1 GHG emissions 53% by 2028 from a 2019 base year.
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Common questions about Neiman Marcus’s sustainability data and climate commitments
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