Commercial, Energy Efficiency, GHG Emissions - January 11, 2023
Neiman Marcus Lowers Emissions
Neiman Marcus Group (NMG), a luxury brand retailer, reduced its Scope 1 and 2 emissions by 31% in 2021 compared to its 2019 baseline.
The retailer began its climate assessment by completing a Scope 1 and 2 GHG emissions inventory and a Scope 3 emissions screening in 2021, according to an announcement.
Decarbonizing NMG's electricity has become a top priority to achieve substantial emission reductions across its footprint. To accomplish these goals, NMG's facilities team is working to develop a strategy to reduce the overall electrical footprint and implement renewable energy technologies across the portfolio.
Through the inventory process, NMG identified that purchased electricity was contributing nearly 90% of Scope 1 and 2 emissions as disclosed in their 2021 ESG report. The Scope 3 calculations showed that purchased goods and services comprised an important portion of value chain emissions.
NMG joined RE100, committing to 100% renewable electricity across its entire global operations by 2030.
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