Tesco PLC
Tesco PLC, commonly known as Tesco, is a leading British multinational grocery and general merchandise retailer headquartered in Great Britain. Founded in 1919, Tesco has grown to become one of the largest supermarket chains in the UK, with a significant presence in several international markets, including Ireland, Central Europe, and Asia. Operating primarily in the retail industry, Tesco offers a diverse range of products and services, including groceries, clothing, electronics, and financial services. Its unique approach to customer loyalty, exemplified by the Clubcard programme, has set it apart from competitors. With a strong market position, Tesco has achieved notable milestones, such as being the first UK retailer to launch an online grocery service in 1996, solidifying its reputation as an innovator in the sector.
DitchCarbon Score
How does Tesco PLC'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.
Industry Average
Mean score of companies in the Retail Trade Services 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.
Industry Benchmark
Tesco PLC's score of 100 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tesco PLC's reported carbon emissions
In 2023, Tesco PLC reported approximately 1,614,333,000 kg CO2e in total emissions, with 1,039,346,000 kg CO2e from Scope 1, 7,796,000 kg CO2e from Scope 2, and 567,191,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by FY2050. Tesco's near-term targets include a significant reduction of 82.6% in absolute Scope 1 and 2 emissions by FY2032 from a FY2015 baseline, and a 55% reduction in absolute Scope 3 emissions by FY2032 from a FY2019 baseline. Additionally, Tesco is committed to reducing its Scope 3 FLAG emissions by 39.4% by FY2032 and has pledged to eliminate deforestation linked to its primary commodities by FY2025. Long-term, Tesco aims to achieve a 90% reduction in both Scope 1 and 2 emissions by FY2050, as well as a 90% reduction in Scope 3 emissions by the same year. These targets align with the Science Based Targets initiative (SBTi) and reflect Tesco's commitment to sustainable practices in the food and staples retailing sector.
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| 2007 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 1,345,507,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 |
| Scope 2 | - | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 1,064,460,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions 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.
Tesco PLC is participating in some of the initiatives that 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.
