Thg
THG, also known as The Hut Group, is a leading global e-commerce company headquartered in Great Britain. Founded in 2004, THG has rapidly expanded its operations across Europe, North America, and Asia, establishing a strong presence in the health and beauty, nutrition, and lifestyle sectors. The company is renowned for its innovative approach to online retail, offering a diverse range of products through its proprietary technology platform. THG's unique model integrates manufacturing, logistics, and digital marketing, allowing for a seamless customer experience. Notable achievements include significant growth in revenue and a successful public listing on the London Stock Exchange. With a commitment to quality and customer satisfaction, THG continues to solidify its position as a market leader, driving advancements in the e-commerce landscape.
DitchCarbon Score
How does Thg'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 Food Product Manufacturing 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
Thg's score of 50 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Thg's reported carbon emissions
In 2023, THG PLC reported total carbon emissions of approximately 798,458,000 kg CO2e, with Scope 1 emissions at about 5,520,240 kg CO2e, Scope 2 emissions at approximately 12,369,000 kg CO2e, and significant Scope 3 emissions of around 780,026,800 kg CO2e. This marked a substantial reduction from previous years, particularly from 2022, when total emissions were about 632,047,000 kg CO2e. THG has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2040. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 42% by 2030, using 2020 as the baseline year. Furthermore, THG plans to ensure that 85% of its suppliers, by spend, will have science-based targets by 2027. Long-term goals include a remarkable 97.7% reduction in Scope 1 and 2 emissions and a 90% reduction in Scope 3 emissions by 2040. These commitments align with industry standards and reflect THG's dedication to addressing climate change and reducing its carbon footprint effectively.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,001,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,908,000 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | 00,000,000 | - | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Thg is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
