Hermes
Hermès International SCA, commonly known as Hermès, is a prestigious French luxury goods manufacturer headquartered in Paris, France. Founded in 1837, the brand has established itself as a leader in the luxury industry, renowned for its exquisite craftsmanship and timeless elegance. Hermès operates globally, with a strong presence in Europe, Asia, and the Americas, catering to a discerning clientele. The company is celebrated for its core products, including leather goods, silk scarves, and ready-to-wear fashion, each distinguished by meticulous attention to detail and quality. Notable achievements include the iconic Birkin and Kelly bags, which have become symbols of luxury and exclusivity. With a commitment to heritage and innovation, Hermès continues to maintain its esteemed market position, embodying the essence of luxury craftsmanship.
DitchCarbon Score
How does Hermes'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 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
Hermes's score of 45 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Hermes's reported carbon emissions
In 2023, Hermès reported total carbon emissions of approximately 665,800,000 kg CO2e. This figure includes 12,800,000 kg CO2e from Scope 1 emissions, 9,200,000 kg CO2e from Scope 2 emissions, and a significant 643,800,000 kg CO2e from Scope 3 emissions. Over the years, Hermès has demonstrated a commitment to reducing its carbon footprint, with notable emissions data showing a decrease from 622,400,000 kg CO2e in 2018 to 524,900,000 kg CO2e in 2019, and further down to 501,000,000 kg CO2e in 2020. Hermès has set ambitious climate targets, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 50.4% by 2030, using 2018 as the base year. Additionally, the company plans to reduce Scope 3 emissions by 58.1% per million euros of value added by the same year. A significant aspect of their strategy includes increasing the sourcing of renewable electricity from 69% in 2018 to 100% by 2025, with a commitment to maintain this level through 2030. These targets align with the Science Based Targets initiative (SBTi) and are designed to support global efforts to limit temperature rise to 1.5°C. Overall, Hermès is actively working towards a more sustainable future, with clear goals and a structured approach to reducing its carbon emissions across all scopes.
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Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 22,100,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 21,700,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 578,700,000 | 000,000,000 | 000,000,000 | 000,000,000 | 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.
Hermes is committed to some reduction initiatives 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.
