Climate Change Data

MYT Netherlands Parent B.V. and all of its subsidiaries

Climate Impact & Sustainability Data (2022-07 to 2023-06)

Reporting Period: 2022-07 to 2023-06

Environmental Metrics

Total Carbon Emissions:45,712 tCO2e/year
Scope 1 Emissions:608.4 tCO2e/year
Scope 2 Emissions:140.0 tCO2e/year
Scope 3 Emissions:44,963.3 tCO2e/year
Renewable Energy Share:92%
Total Energy Consumption:22,037 GJ/year
Water Consumption:8,299 m3/year
Waste Generated:1,328 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Climate change
  • Adaptation to climate change
  • Working conditions and well-being of our teams
  • Diversity and equal opportunities within our teams
  • Responsible sourcing
  • Responsible consumption
  • Quality and transparent information for our stakeholders
  • Corporate culture
  • Corporate governance
  • Responsible digital operations

Environmental Achievements

  • Reached 92% renewable electricity in all operations.
  • Significantly reduced waste and use of single-use plastics.
  • Improved emblematic yellow packaging to ease recycling.
  • Launched eco-packaging option used for 59.2% of orders.

Social Achievements

  • Implemented mandatory Diversity & Inclusion training.
  • Launched Mytheresa Social Day, with 67 employees participating.
  • Achieved 76.3% employee satisfaction rate.
  • Launched employee share purchase program (MYSHARES).

Governance Achievements

  • Developed and distributed Partner Code of Conduct to 91% of suppliers.
  • Updated Animal Welfare Policy, banning additional animal-derived materials.
  • Developed Mytheresa responsible sourcing guidance.
  • Implemented a company-wide risk management and internal control system.

Climate Goals & Targets

Long-term Goals:
  • 100% renewable electricity by FY26.
  • Set CO2e emissions reduction target approved by a recognized organization before the end of FY 26.
  • Include emissions associated with the procurement of luxury goods in carbon footprint before the end of FY 25.
  • Sponsor at least 10 talents from underrepresented backgrounds in their business career before the end of June 2026.
Medium-term Goals:
  • Drive transparency by regularly assessing sustainability practices of brand partners and sharing results with customers (by FY25).
  • Provide clearer information at product level, starting with information required by the French Anti-Waste Law for a Circular Economy (AGEC) (by FY25).
Short-term Goals:
  • Reduce water and chemicals used for product care (FY24).

Environmental Challenges

  • Growing number of customer orders increasing Scope 3 emissions.
  • Increase in energy consumption due to new locations and warehouse.
  • Increase in voluntary turnover rate, particularly in the warehouse.
  • Need to comply with upcoming legislation (Supply Chain Due Diligence Act, CSRD).
Mitigation Strategies
  • Switching to post-consumer recycled plastics for packaging.
  • Implementing energy efficiency improvements in buildings.
  • Investing in employee well-being initiatives and employer branding.
  • Preparing for implementation of new legislation through policy development and partnerships.

Supply Chain Management

Supplier Audits: 91% of suppliers received Partner Code of Conduct.

Responsible Procurement
  • Partner Code of Conduct
  • Mytheresa responsible sourcing guidance

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: SASB E-Commerce Standard

Certifications: ClimatePartner certified

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Exclusive capsules with organic and recycled materials; pre-owned watches.

Awards & Recognition

  • Not disclosed