- Climate change impacts on weather patterns affecting sales.
- Climate change impacts on production and distribution in certain regions.
- Depletion of natural resources, biodiversity loss, land use change and water impacts.
- Geopolitical uncertainty, increased regulatory demands, inflation, and high energy costs in Europe.
- Increased competition impacting industry profitability.
- Balancing fashion basics and trends to optimize resource consumption.
- Fluctuations in raw material prices, transport costs, and supplier capacity.
- Social tensions in sourcing markets.
- Risks related to information technology, including hacking attempts and system disruptions.
- Corruption risks in various markets.
H & M Hennes & Mauritz AB
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2020 | 72.6K tCO2e/year (Scope 1 & 2) |
| 2019 | 61.5K tCO2e/year (Scope 1 & 2) |
| 2017-12-01 to 2018-11-30 | 341.7K tCO2e (Scope 1+2+3) |
| 2015-12-01 to 2016-11-30 | 80.5K tCO2e/year (Scope 1+2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Spent approximately SEK 2.1 billion on recycled and sustainably sourced materials and decarbonisation in 2023.
- Set targets to reduce GHG emissions throughout its value chain.
- Aims to become a more circular business by sourcing recycled or sustainably sourced raw materials and scaling up customer-facing circular business models.
- Set science-based targets approved by the SBTi to reduce absolute GHG emissions by 56% by 2030 (baseline 2019) and 90% by 2040 (net-zero).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce absolute GHG emissions by 56% by 2030 (baseline 2019).
📅 Medium-term
- Reduce absolute GHG emissions by 90% by 2040 (net-zero).
- Use at least 30% recycled materials by 2025, aiming for 50% by 2030.
🔭 Long-term
- Net zero emissions by 2040.
🌱 ESG Focus Areas
Climate changeHuman rightsEnvironmental sustainabilityCircular economySupply chain responsibilityDiversity & Inclusion