Public data, as of October 2026
H & M Hennes & Mauritz AB reported about 8.8 million tCO₂e for 2024, and 100% of it sits in Scope 3, in the value chain beyond the company's own operations.
Near-term status: Validated Targets. Net-zero status: Validated Targets.
Scope 3 is 100% of the footprint, the part of the value chain that supplier emissions reductions can reach.
Scope 3 is 100% of the footprint, close to the peer median of 99%.
Registry records show 55 credits retired for this company.
Peers: companies in the SBTi industry "Textiles, Apparel, Footwear and Luxury Goods", by Scope 3 share of the latest reported footprint.
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| Scope 1, direct | 15,102<1% |
| Scope 2, purchased energy | 26,553<1% |
| Scope 3, value chain | 8,729,000100% |
| Total | 8,770,655 |
Years without a matched disclosure stay open until a published source is matched.
Status as published by the SBTi
Primary SBTi record: H&M Group
Carbon3 shows each record exactly as the SBTi publishes it, and does not assess, rate or endorse targets. A validated target says nothing about any market instrument.
Registry records naming the company as beneficiary
The company's Scope 3 share is 100%, against a peer median of 99%.
6 of 6 named peers report all three scopes, so their Scope 3 share can be compared.
Cached 10 Sept 2026
H&M targets net-zero emissions by 2040—ten years ahead of the sector average—while reporting a CDP Climate A score, 41% reduction in scopes 1+2, and 34.6% in scope 3 versus 2019, backed by SEK 2.8 billion in 2025 supply-chain investment. Regenerative cotton farming in India, 500 MW offshore wind for Bangladesh suppliers, low-emission viscose with Birla Cellulose, closed-loop polyester recycling via Worn Again Technologies, and coal-boiler phase-outs will collectively deliver over 345,000 mtCO2e annual reductions, supported by partnerships with Bestseller, DBS Bank, Apparel Impact Institute, and WWF that accelerate Scope 3 decarbonization and water stewardship. These insetting initiatives convert sustainability spend into revenue by generating $26 million in inset-credit monetization, $38 million in energy and material cost savings, and $63 million projected ROI from 5–7% product premiums and 15–20% yield gains, while $50 million in green financing and 91% sustainable materials strengthen brand positioning, ESG ratings, and resilience against EU CSRD and CBAM risks.
This report is generated by AI from public sources and may contain errors, so readers should check the linked sources before relying on it.
H&M has set a net-zero target by 2040, 10 years ahead of sector average, with CDP Climate score of A. Progress includes 41% reduction in scopes 1+2 and 34.6% in scope 3 emissions vs 2019 baseline, aligned with science-based targets.
Achieved 91% recycled or sustainably sourced materials in 2025, with 32% recycled content exceeding the 30% target, supporting circular economy and reduced virgin resource use.
Reduced absolute freshwater use in wet processing garment suppliers (tiers 1 and 2) by 22.8% from 2022 baseline, surpassing the 10% 2025 target.
Covered by Sustainalytics and LSEG with strong ESG analysis; maintains leadership in sustainability indices including Dow Jones Sustainability Index.
10-year Global Framework Agreement with IndustriALL and IF Metall protecting over 1 million workers; ongoing focus on fair wages and responsible purchasing.
Emerging projects catalog, status as reported by each project
No inset projects are listed for this company yet.
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