Back in 2017, H&M Group made a bold commitment to become climate positive by 2040 in its value chain. Since then, we have been developing targets to reduce greenhouse gas (GHG) emissions in line with the level of decarbonization required to keep global temperature increase below 2 degrees Celsius compared to pre-industrial temperatures.
A great milestone on our climate positive journey is to have the goals approved by the Science Based Targets initiative (SBTi).
Our science-based targets are
- H&M Group commits to reduce scope 1* and 2** GHG emissions 40% by 2030, taking 2017 as a baseline.
- H&M Group also commits to reduce scope 3*** GHG emissions from purchased raw materials, fabric production and garments 59% per product by 2030, taking 2017 as a baseline.
ABOUT THE SBTi
The Science Based Targets initiative (SBTi) is a collaboration between CDP, the United Nations Global Compact, World Resources Institute (WRI) and the World Wide Fund for Nature (WWF). The SBTi defines and promotes best practice in science-based target setting and independently assesses and approves companies’ targets.
ABOUT THE SCOPES
*Scope 1 emissions are defined as direct emissions from the use of fuels in our own facilities (e.g. to heat our distribution centers) and the use of fuels to run our company vehicles.
**Scope 2 emissions are defined as indirect emissions from the use of electricity and district heating in our own facilities (e.g. stores, offices, distribution centres and data centres).
***Scope 3 emissions are defined as any emissions that are produced outside our own operations. This includes raw material production, fabric and garment manufacturing, transport of goods, as well as emissions from the use of our products (e.g. when our customers use washing machines to wash their clothes).