H & M Hennes & Mauritz AB 2023 SR
The report details H&M Group's sustainability performance for the 2023 fiscal year, highlighting a 22% reduction in scope 3 emissions and reaching 85% recycled or sustainably sourced materials. Key achievements include meeting the 2025 water reduction target two years early and launching Looper Textile Co. for garment reuse and recycling. The company also piloted science-based targets for nature and expanded its circular business models, with over 10.8 million items traded on Sellpy. The report emphasizes a transition toward a circular ecosystem while maintaining a focus on social impact, including worker rights and gender equality in the supply chain.
Company: H & M Hennes & Mauritz AB
Sector: Consumer Discretionary
Country: Sweden
Year: 2023
Type: SR
Pages: 90
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H & M Hennes & Mauritz AB
Sustainability Disclosure
The report details H&M Group's sustainability performance for the 2023 fiscal year, highlighting a 22% reduction in scope 3 emissions and reaching 85% recycled or sustainably sourced materials. Key achievements include meeting the 2025 water reduction target two years early and launching Looper Textile Co. for garment reuse and recycling. The company also piloted science-based targets for nature and expanded its circular business models, with over 10.8 million items traded on Sellpy. The report emphasizes a transition toward a circular ecosystem while maintaining a focus on social impact, including worker rights and gender equality in the supply chain.
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Document Details
Report Year
2023
Reporting Period
Dec 1, 2022 - Nov 30, 2023
Fiscal Year
2023
Published
Mar 21, 2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
Sustainable Development Goals
Other Standards
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Women on Board
Women in Management
Net Zero Target