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 77% 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 significant carbon emissions, with total Scope 2 emissions amounting to approximately 4,113,890 kg CO2e (market-based) and 9,273,060 kg CO2e (location-based) in the United Kingdom. Globally, the company’s total emissions reached about 17,889,000 kg CO2e, comprising 5,520,240 kg CO2e from Scope 1, 12,369,000 kg CO2e from Scope 2, and a substantial 780,026,800 kg CO2e from Scope 3 emissions. 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 designed to support the global effort to limit warming to 1.5°C. Furthermore, THG has pledged to achieve net-zero GHG emissions across its entire value chain by 2040. The company also aims for 85% of its suppliers, by spend, to have science-based targets by 2027, reinforcing its commitment to sustainability throughout its supply chain.
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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.
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Frequently Asked Questions
Common questions about Thg's sustainability data and climate commitments