Thg
THG, also known as The Hut Group, is a leading global e-commerce company headquartered in Great Britain. Founded in 2004, THG has rapidly expanded its operations across Europe, North America, and Asia, establishing a strong presence in the health and beauty, nutrition, and lifestyle sectors. The company is renowned for its innovative approach to online retail, offering a diverse range of products through its proprietary technology platform. THG's unique model integrates manufacturing, logistics, and digital marketing, allowing for a seamless customer experience. Notable achievements include significant growth in revenue and a successful public listing on the London Stock Exchange. With a commitment to quality and customer satisfaction, THG continues to solidify its position as a market leader, driving advancements in the e-commerce landscape.
DitchCarbon Score
How does Thg's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Food Product Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Thg's score of 52 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Thg's reported carbon emissions
In 2023, THG PLC reported total carbon emissions of approximately 17,889,000 kg CO2e globally, with significant contributions from Scope 3 emissions, which accounted for about 780,026,800 kg CO2e. The breakdown of emissions includes approximately 5,520,240 kg CO2e from Scope 1 and about 12,369,000 kg CO2e from Scope 2, with a market-based approach contributing approximately 9,060,420 kg CO2e. THG has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2020 baseline. Furthermore, the company has committed to a long-term target of reducing these emissions by 97.7% by 2040. In addition, THG plans to cut absolute Scope 3 emissions by 90% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to support the company's overarching goal of achieving net-zero GHG emissions across its value chain by 2040. THG's commitment to sustainability is further reinforced by its goal that 85% of its suppliers, by spend, will have science-based targets by 2027, ensuring a comprehensive approach to reducing emissions throughout its supply chain.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,001,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,908,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Thg is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
