Designs and markets fashion apparel and accessories for men, women, and children, operating retail stores worldwide.
1947
Sweden
10,001+ employees
Retail
$10B+ in revenue
$1B - 10B in profitability
Industry rank: 84 out of 451
Total CO2 emissions
(CO2e tonnes)
Industry rank: 84 out of 451
Industry rank: 8 out of 451
Total energy consumption
and % renewables
(MWh, % of consumption)
Industry rank: 8 out of 451
Total energy
Share of renewable energy
Industry benchmark
Industry rank: Beyond Top 100
Total electricity consumption
and % renewables
(MWh, % of consumption)
Industry rank: Beyond Top 100
Total electricity
Share of renewable electricity
Industry benchmark
15.3
B/M 15.0
308.1
B/M 327.9
49.4
B/M 34.8
Share of female employees (%)
Share of female board members
Total waste generated (tonnes)
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Share of company output at risk (%)
Production-loss NVaR expressed in monetary terms ($)
Biodiversity loss in terms of the equivalent land affected (km²e)
Total biodiversity loss as CO2e tonnes
Estimated nature species lost due to corporate activity, expressed as Potentially Disappeared Fraction (PDF)
One row per year, with the latest at the top. Each driver uses its own scale.
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Total Annual
Revenue & EBITDA
($ B)
Margin as % of revenue
R&D as % of revenue
Analyst consensus vs actuals
($ B)
24.1
▲ 0.0%
23.9
▼ 0.7%
23.3
▼ 0.3%
264.2
2031Available
Available
Available
Available
6 out of 23 incl. management
| Target | Status | Temperature alignment | Year |
|---|---|---|---|
| Near-term target | Targets set | 1.5°C | FY2030 |
| Long-term target | Targets set | 1.5°C | FY2040 |
| Net-zero | Targets set | - | 2040 |
| Business Ambition 1.5°C | Member | - | 2020 |
Overall Net-Zero Target H&M Group commits to reach net-zero greenhouse emissions across the value chain by FY2040 from a FY2019 base year. Near-Term Targets H&M Group commits to reduce absolute scope 1 and 2 GHG emissions 56% by FY2030 from a FY2019 base year*. H&M Group also commits to increase annual sourcing of renewable electricity from 90.6% in FY2019 to 100% by FY2030. H&M Group finally commits to reduce absolute scope 3 GHG emissions 56% by FY2030 from a FY2019 base year. *The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks. Long-Term Targets H&M Group commits to reduce scope 1 and 2 GHG emissions 90% by FY2040 from a FY2019 base year*. H&M Group also commits to reduce absolute scope 3 GHG emissions 90% within the same timeframe. *The target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks.
Powered by illuminem and Science Based Targets initiative. Last updated: 22 Sep 2022| Target | Year | Value | Scope | Baseline |
|---|
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Climate Score
A
Forests Score
B
Water Score
A
A
A-
B
B-
C
C-
D
D-
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