HOFER, officially known as HOFER KG, is a prominent discount supermarket chain headquartered in Austria (AT). Established in 1968, the company has grown significantly, operating over 500 stores across Austria and expanding its reach into several European markets. As a key player in the retail industry, HOFER focuses on providing high-quality groceries at competitive prices, emphasising sustainability and local sourcing. The supermarket chain is renowned for its unique approach to retail, offering a limited selection of private label products that ensure both quality and affordability. HOFER's commitment to customer satisfaction and efficient operations has solidified its position as a leading discount retailer in Austria. With a strong emphasis on innovation and community engagement, HOFER continues to achieve notable milestones in the competitive grocery sector.
How does HOFER'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.
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.
HOFER's score of 21 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, HOFER's carbon emissions have shown a notable decline over the years. In 2019, the company reported approximately 71,000 kg CO2e in emissions, down from about 73,000 kg CO2e in 2018, 89,000 kg CO2e in 2016, and 93,000 kg CO2e in 2014. The earliest data available from 2012 indicates emissions of about 846,000 kg CO2e. While specific scope classifications (Scope 1, 2, or 3) are not disclosed, the overall trend reflects HOFER's commitment to reducing its greenhouse gas emissions. However, there are currently no specified reduction targets or initiatives outlined in their climate commitments. HOFER's ongoing efforts to address climate change align with industry standards, demonstrating a proactive approach to sustainability, although further details on specific targets or pledges would enhance their climate strategy.
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.
HOFER is not committed to any 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.