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. 

Read These Related Articles:

• Neiman Marcus Seeks to Lower Emissions Through Suppliers
• Neiman Marcus Upgrades Energy Efficiency
• Neiman Marcus Sets 2025 Goals

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