H & M Hennes & Mauritz AB 2024 SR
The report highlights H&M Group's sustainability progress in 2024, focusing on decarbonizing its supply chain and transitioning to a circular business model. The company achieved a 24% reduction in absolute scope 3 emissions compared to its 2019 baseline and reached 89% recycled or sustainably sourced materials in its commercial products. Notably, H&M Group earned an 'A' score from CDP for climate leadership and was ranked 11th on Forbes World's Top Companies for Women. The report also details advancements in water recycling, reaching 19.6% in the supply chain, and the launch of Syre, a venture to scale textile-to-textile recycled polyester.
Company: H & M Hennes & Mauritz AB
Sector: Consumer Discretionary
Country: Sweden
Year: 2024
Type: SR
Pages: 35
H & M Hennes & Mauritz AB
Sustainability Progress Report
The report highlights H&M Group's sustainability progress in 2024, focusing on decarbonizing its supply chain and transitioning to a circular business model. The company achieved a 24% reduction in absolute scope 3 emissions compared to its 2019 baseline and reached 89% recycled or sustainably sourced materials in its commercial products. Notably, H&M Group earned an 'A' score from CDP for climate leadership and was ranked 11th on Forbes World's Top Companies for Women. The report also details advancements in water recycling, reaching 19.6% in the supply chain, and the launch of Syre, a venture to scale textile-to-textile recycled polyester.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Sustainability Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Other Standards
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 3:
Renewable Energy
Net Zero Target