Public Profile

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.

82

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.

4

Industry Benchmark

Tesco PLC's score of 82 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%

Tesco PLC's reported carbon emissions

In 2023, Tesco PLC reported total carbon emissions of approximately 1,614,333,000 kg CO2e, with Scope 1 emissions at about 1,039,346,000 kg CO2e, Scope 2 emissions at approximately 7,796,000 kg CO2e, and Scope 3 emissions reaching around 567,191,000 kg CO2e. This reflects Tesco's ongoing commitment to reducing its greenhouse gas emissions across its operations. Tesco has set ambitious targets to address its carbon footprint. The company aims to reduce its Scope 1 and 2 emissions by 60% by 2025, using 2015 as the base year. Additionally, Tesco is committed to a 17% reduction in Scope 3 emissions by 2030, also based on 2015 levels. The Scope 3 emissions categories targeted include purchased goods and services, fuel and energy-related activities, upstream transportation and distribution, and waste generated in operations. Looking further ahead, Tesco has pledged to achieve net-zero greenhouse gas emissions across its entire value chain by FY2050. Near-term targets include an 82.6% reduction in Scope 1 and 2 emissions by FY2032 from a 2015 base year, and a 55% reduction in Scope 3 emissions by FY2032 from a 2019 base year. Tesco also aims to eliminate deforestation linked to its primary commodities by FY2025. These commitments align with industry standards and reflect Tesco's proactive approach to tackling climate change and promoting sustainability within the retail sector.

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200720162017201920202021202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tesco PLC's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is low 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. Tesco PLC is headquartered in GB, which has a rank of low, indicating 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.

Tesco PLC 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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Where does DitchCarbon data come from?

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