GHG Emissions, Sourcing Renewables  -  March 21, 2022

Neiman Marcus Sets 2025 Goals

The Neiman Marcus Group announced plans to lower its Scope 1 and 2 emissions by 2025 and to procure 100%  renewable energy by 2030. 

The luxury retailer said it will reduce Scope 1 and Scope 2 emissions by 50% from a 2019 baseline by 2025 and perform a Scope 3 assessment in 2022 to understand the company's position and chart a path toward a net zero goal. The company will also join RE100. 

Neiman Marcus also set several other goals as part of its first ESG report, 'Our Journey to Revolutionize Impact,' sharing its progress to date.

"As a leader in luxury retail, ESG is an essential part of our growth roadmap, and we're excited to share our inaugural progress report," said Geoffroy van Raemdonck, CEO, Neiman Marcus Group in a statement. "'Our Journey to Revolutionize Impact' for our communities is one of our top priorities, and we believe our strategy of advancing sustainable products and services, cultivating a culture of Belonging, and leading with love in our communities will help pave this journey."

Read These Related Articles:

• Neiman Marcus Seeks to Lower Emissions Through Suppliers
• Neiman Marcus Lowers Emissions
• Neiman Marcus Upgrades Energy Efficiency

Share this valuable information with your colleagues using the buttons below: