Hermès International SCA, commonly known as Hermès, is a prestigious French luxury goods manufacturer headquartered in Paris, France. Established in 1837, the company has evolved into a leading player in the wholesale trade and commission trade services, excluding motor vehicles and motorcycles. Hermès is renowned for its exquisite craftsmanship in leather goods, fashion accessories, and ready-to-wear apparel, setting itself apart with a commitment to quality and timeless design.
With a strong presence in Europe and expanding operations globally, Hermès has achieved notable milestones, including the introduction of iconic products like the Birkin and Kelly bags. The brand's dedication to artisanal techniques and sustainable practices has solidified its market position as a symbol of luxury and exclusivity. Hermès continues to thrive in the competitive luxury sector, maintaining a reputation for innovation and elegance.
+63 vs industry average
Hermes’s score of 90 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Wholesale Trade has below-average carbon intensity
Industry performance
The Wholesale Trade industry has reduced its overall emissions by 37% since 2018
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Hermes's reported carbon emissions
Hermès, operating within the wholesale trade and commission trade services sector in France, is committed to significant carbon emission reductions and achieving net-zero by 2050.
Carbon Emissions Data:
- 2025: Hermes reported a total of approximately 658,455,000 kg CO2e. This breakdown includes:
- Scope 1: Approximately 19,104,000 kg CO2e.
- Scope 2 (market-based): Approximately 767,000 kg CO2e.
- Scope 3: Approximately 660,263,000 kg CO2e, with purchased goods and services being the largest contributor at approximately 459,401,000 kg CO2e.
- 2024: The company's total emissions were approximately 747,810,000 kg CO2e. Scope 3 emissions accounted for the majority, at approximately 735,144,000 kg CO2e.
- 2023: Total emissions were approximately 665,800,000 kg CO2e, with Scope 3 emissions at approximately 643,800,000 kg CO2e.
- 2022: Total emissions were approximately 640,900,000 kg CO2e, with Scope 3 emissions at approximately 609,600,000 kg CO2e.
- 2021: Total emissions were approximately 527,500,000 kg CO2e, with Scope 3 emissions at approximately 490,100,000 kg CO2e.
- 2020: Total emissions were approximately 501,000,000 kg CO2e, with Scope 3 emissions at approximately 462,500,000 kg CO2e.
- 2019: Total emissions were approximately 524,900,000 kg CO2e, with Scope 3 emissions at approximately 483,500,000 kg CO2e.
- 2018: Total emissions were approximately 622,429,000 kg CO2e, with Scope 3 emissions at approximately 578,694,000 kg CO2e.
- 2017: Total emissions were approximately 584,400,000 kg CO2e, with Scope 3 emissions at approximately 542,200,000 kg CO2e.
Climate Commitments and Reduction Targets:
Hermès has established science-based targets through the Science-Based Targets initiative (SBTi) and is committed to:
- Net Zero: Achieving net-zero emissions by 2050.
- Scope 1 & 2 Emissions Reduction: A near-term target to reduce absolute Scope 1 and 2 emissions by 50.4% by 2030, using 2018 as the base year. This target is aligned with keeping global temperature rise to 1.5°C.
- Scope 3 Emissions Reduction: A near-term target to reduce Scope 3 emissions by 58.1% in intensity (per million euros of value added) by 2030, compared to the 2018 base year.
- Renewable Electricity: Increasing the sourcing of renewable electricity from 69% in 2018 to 100% by 2025, and maintaining this 100% renewable electricity sourcing through 2030.
- Building and Renovation: Halving the carbon footprint per square metre of buildings built and renovated by 2030, compared to 2018.
Hermès is also working towards neutralising a growing portion of its residual carbon emissions by 2030. The company is on track for its five-year targets for Scope 2 emissions reduction.
All emissions data is inherited from the parent company, Hermès International Société en commandite par actions.
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Hermes’s Climate Goals (2030 & 2050)
3 goals2030
50.4% reduction in Scope 2
Hermès commits to reduce absolute scope 2 GHG emissions 50.4% by 2030 from a 2018 base year.
2030
50.4% reduction in Scope 1
Hermès commits to reduce absolute scope 1 GHG emissions 50.4% by 2030 from a 2018 base year.
2030
58.1% reduction in scope 3 downstream
Hermès also commits to reduce scope 3 GHG emissions 58.1% per million euros of value added by 2030 from a 2018 base year.
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Scope 3 top emissions categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Hermes
Frequently asked questions
Common questions about Hermes’s sustainability data and climate commitments
Data year: 2025
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