Hermès published its sustainability strategy. Compared to 2018, the company has reduced its Scope 1 and 2 emissions by 63.7%. Scope 3 emissions decreased by 50.5%. The company aims to switch 100% to renewable energy sources by 2030. Efficiency indicators include energy and water consumption, material reuse, and impacts on biodiversity.
Hermès highlights such aspects of production as durability, repairability, resource management, the 9R principle, and minimized environmental impact. In addition, the company provides a decent standard of living for employees in the supply chain. According to Hermès, the main factor of success and eco-friendly production is long-term cooperation with leading suppliers.
Hermès plans to create an Artificial Intelligence Governance Committee. Its main purpose will be to oversee the accuracy of models, transparency, ethical risks, and compliance with regulatory requirements. Creative processes will remain human-led.
