"Hermès International has committed to achieving net zero emissions by 2050 through the Science-Based Targets initiative (SBTi). Net Zero Tracker The company has set interim targets of a 50.4% reduction in absolute value for scopes 1 and 2 emissions and a 58.1% reduction in relative value for scope 3 emissions over the period 2018 to 2030. Net Zero Tracker An interesting fact about Hermès International's environmental policy is that it allows for traded credits (offsets) from outside its territory/value chain to meet the target, provided they avoid social harm. Net Zero Tracker In addition, you can check out the net-zero …"
Carbon emissions are estimated according to comparable years, intensity and sector
Performance vs. Target
Note: Targets without baseline are ignored. In case several targets
exist, only the shorter-term target is
Value Chain (scope 3) Emissions by Category
Emissions Trajectory (Full Scopes)
Please refer to the library for viewing the supporting documentation
Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG
emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1
million USD revenue).
Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary
business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer
Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and
Hermès International belongs to the sector Consumer Discretionary.
Hermès commits to reduce absolute scope 1 and 2 GHG emissions 50.4% by 2030 from a 2018 base year.* Hermès commits to reduce scope 3 GHG emissions 58.1% per million euros of value added by 2030 from a 2018 base year. Hermès also commits to increase annual sourcing of renewable electricity from 69% in 2018 to 100% by 2025 and commits to continue sourcing 100% renewable electricity through 2030.*The target boundary includes biogenic emissions and removals from bioenergy feedstocks.