H & M Hennes & Mauritz AB 2022 Annual Report with Sustainability Disclosures
Company: H & M Hennes & Mauritz AB
Sector: Wholesale & retail
Country: Sweden
Year: 2022
Type: Annual Report with Sustainability Disclosures
Pages: 152
The report presents H&M Group's 2022 financial year, with net sales of SEK 223,553 million, 150,000 employees and continued progress on sustainability. It reports 92% renewable electricity in own operations and 84% recycled or more sustainably sourced materials in commercial goods. The company's climate goals were SBTi-verified: a 56% absolute Scope 1, 2 and 3 reduction by 2030 and net-zero emissions by 2040. The report also discloses a CDP climate score of A- and detailed EU Taxonomy turnover, CapEx and OpEx reporting.
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