Potential offtaker

Hermès International

www.hermes-international.com

Estimated electricity consumption

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Countries of production presence

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Hermès International is a French luxury goods company that specializes in the production of high-end apparel, footwear, and accessories. Founded in 1837 by Thierry Hermès, the company has grown to become one of the most recognized and respected brands in the world. With a focus on quality, craftsmanship, and sustainability, Hermès has established itself as a leader in the luxury goods industry.

As a company that operates in the Apparel, Footwear & Acc Design sector, Hermès is acutely aware of the impact that its operations have on the environment. In recent years, the company has taken significant steps to reduce its carbon footprint and promote sustainability in its operations. One of the key ways that Hermès has achieved this is through decarbonisation.

Decarbonisation is the process of reducing carbon emissions in order to mitigate the effects of climate change. Hermès has implemented a number of measures to reduce its carbon footprint, including the use of renewable energy sources and the implementation of energy-efficient technologies. The company has also invested in the development of sustainable materials and production processes, which help to reduce the environmental impact of its products.

One of the ways that Hermès has reduced its carbon footprint is through the use of corporate energy. Corporate energy refers to the energy that is generated and consumed by a company in order to power its operations. Hermès has implemented a number of measures to reduce its reliance on fossil fuels and promote the use of renewable energy sources. For example, the company has installed solar panels on the roofs of its factories and offices, which generate clean energy and reduce the amount of electricity that the company needs to purchase from the grid.

Another way that Hermès has reduced its carbon footprint is through the use of corporate power purchase agreements (PPAs). A corporate PPA is a contract between a company and a renewable energy provider, in which the company agrees to purchase a certain amount of renewable energy from the provider. By entering into a corporate PPA, Hermès is able to reduce its reliance on fossil fuels and support the development of renewable energy sources.

In addition to its efforts to reduce its carbon footprint, Hermès has also taken steps to promote sustainability in its supply chain. The company works closely with its suppliers to ensure that they adhere to strict environmental and social standards, and it has implemented a number of initiatives to promote sustainable agriculture and animal welfare. For example, Hermès has established a program to promote the sustainable production of silk, which involves working with farmers to promote sustainable farming practices and reduce the use of pesticides.

Overall, Hermès International is a company that is committed to sustainability and environmental responsibility. Through its efforts to reduce its carbon footprint, promote renewable energy, and support sustainable supply chains, Hermès is setting an example for other companies in the luxury goods industry. As the world continues to grapple with the challenges of climate change, companies like Hermès will play an important role in promoting sustainability and mitigating the effects of global warming.

✓ Science Based Targets member
✓ Declared Net Zero commitment