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European Climate Pact

Overview

Location

Germany

Sector

Wholesale and retail trade

Organisation type
Business

Company Information

HUGO BOSS is a publicly listed company in the premium segment of the global apparel market. It is headquartered in Metzingen, Germany. In 2021, HUGO BOSS had over 14,000 employees and reported a turnover of 1,3 billion Euros.*

*Source

 

Our sustainability mission

At HUGO BOSS we take responsibility for our business conduct – whether in regard to our products, the people we interact with, or our environmental impact. In order to protect the environment and climate, we are committed to the introduction and further development of more environmentally- and climate-friendly processes and are taking appropriate measures. Our goal is to reduce the environmental footprint of our entire value chain (including our sites, stores, production, and logistics). Our actions are focused on the goal of becoming climate neutral for the whole value chain by 2045 and for our own area of responsibility by 2030. On this way, we are guided by our science-based emissions reduction targets.

Our progress towards decarbonization

 

GHG Emissions

North Star

  • HUGO BOSS AG has a target to reduce absolute scopes 1 and 2 CO2e emissions 50% by 2030 from a base year of 2018

Pledge: Have an officially validated short-medium term science-based GHG emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an internal price on carbon 
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022

 

Energy

Our actions – the Pathway

  • Have a target to improve energy efficiency

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

North Star

  • HUGO BOSS AG have a publicly available 1.5°C aligned low-carbon transition plan

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

Our actions – the Pathway

  • Have an ongoing and transparent dialogue with our value chain around climate-related issues

MRV: Pact MRV in place

Status date: Submitted (28/07/2022)

Data source: CDP Climate Change 2022