Neiman Marcus

Neiman Marcus Group, a US-based retail trade services company, reported approximately 1.7 billion kg CO2e in Scope 3 emissions for 2022. Scope 3 emissions for 2022 were primarily driven by purchased goods and services, accounting for about 1.4 billion kg CO2e, followed by upstream transportation and distribution at approximately 99.2 million kg CO2e, and downstream transportation and distribution at roughly 82.7 million kg CO2e.

For Scope 1 and 2 emissions, Neiman Marcus Group reported approximately 44.6 million kg CO2e (market-based) and 49.3 million kg CO2e (location-based) in 2022. In 2021, Scope 1 and 2 emissions were approximately 52.2 million kg CO2e (market-based) and 52.4 million kg CO2e (location-based). In 2020, these figures stood at about 59.5 million kg CO2e (market-based) and 58.4 million kg CO2e (location-based). In 2019, Scope 1 emissions were approximately 5.5 million kg CO2e, and Scope 2 emissions were around 77.2 million kg CO2e (market-based) and 70.4 million kg CO2e (location-based).

Neiman Marcus Group has set ambitious climate commitments. They are committed to reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 53% by 2028, using 2019 as the base year. Furthermore, the company aims to increase its sourcing of renewable electricity to 100% by 2030, up from 0% in 2019. A significant target for supply chain engagement includes ensuring that 75% of their suppliers, by spend on purchased goods and services, will have science-based targets by 2028. The company's near-term targets for Scope 1 and 2 emissions are consistent with reductions needed to limit global warming to 1.5°C.