Thg Sustainability Profile
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 58 is higher than 78% 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 17,889,000 kg CO2e globally, with specific emissions breakdowns of 5,520,240 kg CO2e for Scope 1 and 12,369,000 kg CO2e for Scope 2. In the UK, THG's Scope 2 emissions were reported at about 4,113,890 kg CO2e (market-based) and 9,273,060 kg CO2e (location-based). THG has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 GHG emissions by 42% by 2030 and by 97.7% by 2040, using 2020 as the base year. Additionally, the company is committed to reducing its absolute Scope 3 emissions by 90% within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified as consistent with the reductions required to limit global warming to 1.5°C. THG's sustainability strategy also includes a commitment that 85% of its suppliers, by spend, covering purchased goods and services and upstream transportation and distribution, will have science-based targets by 2027. The company aims to achieve net-zero GHG emissions across its value chain by 2040. Overall, THG's proactive approach to managing its carbon footprint reflects its commitment to sustainability and climate action within the retail sector.
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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 | 00,000,000 | 0,000,000 |
| Scope 3 | - | 000,000,000 | - | 000,000,000 | 000,000,000 |
How Carbon Intensive is Thg's Industry?
How Carbon Intensive is Thg's Location?
Thg's Scope 3 Categories Breakdown
Thg's Scope 3 emissions, which decreased by 0% last year and increased by approximately 26% since 2020, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 74% of Scope 3 emissions.
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Thg'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.
Thg 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.
