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.
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.
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.
Thg's score of 52 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, THG PLC reported total carbon emissions of approximately 798,458,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 780,026,800 kg CO2e. Scope 1 emissions were approximately 5,520,240 kg CO2e, while Scope 2 emissions totalled around 12,369,000 kg CO2e. THG has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2020 as the base year. Furthermore, the company has committed to a long-term target of reducing these emissions by 97.7% by 2040. In addition, THG aims to cut its absolute Scope 3 emissions by 90% within the same timeframe. To support these goals, THG has pledged that 85% of its suppliers, based on spend for purchased goods and services and upstream transportation and distribution, will have science-based targets by 2027. The company is committed to achieving net-zero emissions across its entire value chain by 2040, aligning its targets with the necessary reductions to limit global warming to 1.5°C.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.