Public Profile

Ica Gruppen

Ica Gruppen AB, commonly referred to as Ica Gruppen, is a leading retail and grocery company headquartered in Sweden (SE). Established in 1938, the company has grown to become a significant player in the Nordic grocery market, primarily operating in Sweden and parts of the Baltic region. Ica Gruppen's core business areas include grocery retail, pharmacy services, and banking, with a strong emphasis on sustainability and local sourcing. The company is renowned for its extensive range of private label products, which are designed to meet diverse consumer needs while ensuring quality and affordability. With a robust market position, Ica Gruppen has achieved notable milestones, including the introduction of innovative digital solutions to enhance customer experience. Its commitment to sustainability and community engagement further solidifies its reputation as a trusted brand in the industry.

DitchCarbon Score

How does Ica Gruppen's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

66

Industry Average

Mean score of companies in the Food Product Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

3

Industry Benchmark

Ica Gruppen's score of 66 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

100%

Ica Gruppen's reported carbon emissions

In 2023, Ica Gruppen reported total carbon emissions of approximately 92,887,000 kg CO2e, with Scope 1 emissions at about 97,983,000 kg CO2e, Scope 2 emissions at 680 kg CO2e, and Scope 3 emissions reaching approximately 80,431,000 kg CO2e. This reflects a commitment to reducing greenhouse gas emissions across all scopes. Ica Gruppen has set ambitious targets to reduce its emissions by 70% per square metre by 2025, using 2006 as the base year. This target encompasses Scope 1, 2, and 3 emissions, including those from franchises, downstream transportation, and business travel. Additionally, the company aims for suppliers responsible for 70% of its Scope 3 emissions to establish science-based targets by 2025. Looking towards the future, Ica Gruppen has committed to achieving net-zero greenhouse gas emissions across its value chain by 2050. Near-term goals include a 42% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2022 base year, alongside a similar 42% reduction in absolute Scope 3 emissions. The company also aims to reduce absolute Scope 3 FLAG emissions by 30.3% by 2030 and has pledged to eliminate deforestation linked to its primary commodities by December 2025. These initiatives position Ica Gruppen as a proactive leader in the food and staples retailing sector, aligning with global climate goals and demonstrating a strong commitment to sustainability.

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2018201920202021202220232024
Scope 1
38,670,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
35,567,000
00,000,000
0,000,000
0,000,000
0,000,000
000
000
Scope 3
72,607,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ica Gruppen's primary industry is Food products nec, which is medium in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Ica Gruppen is headquartered in SE, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Ica Gruppen is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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