Sustainability Progress Report

Overview

The report highlights H&M Group's 2024 progress in decarbonisation, including a 41 percent reduction in absolute Scope 1 and 2 emissions against the 2019 baseline and a 23.7 percent reduction in absolute Scope 3 emissions excluding use-phase emissions. It reports that recycled or sustainably sourced materials reached 89 percent of commercial products, with recycled materials at 29.5 percent. The report also records a 97.1 percent MRSL compliance score for 2024.

Document

Report type: Sustainability Report
Class: Dedicated
Scope: Full report
Fiscal year: 2024
Language: English
Pages
File size

Standards

GRI
SASB
TCFD
ISSB
ESRS
Integrated Reporting Framework
GHG Protocol
EU Taxonomy
CDP
Other

Commitments

UN Global Compact
UN Guiding Principles
Science Based Targets initiative

Ratings

SBTi status
CDP score

Materiality

Assessment
Basis

Assurance

Statement included

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