B And M European Value Retail
B&M European Value Retail, commonly known as B&M, is a leading discount retailer headquartered in Luxembourg (LU). Established in 1978, the company has grown significantly, operating over 1,000 stores across the UK and Europe, primarily focusing on the value retail sector. B&M offers a diverse range of products, including groceries, home goods, and seasonal items, all at competitive prices, which sets it apart in the market. With a commitment to delivering quality at low prices, B&M has carved out a strong market position, becoming a go-to destination for budget-conscious shoppers. The retailer's unique approach to sourcing and merchandising has led to notable achievements, including rapid expansion and a loyal customer base. As a prominent player in the discount retail industry, B&M continues to thrive by adapting to consumer needs and market trends.
DitchCarbon Score
How does B And M European Value Retail'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
B And M European Value Retail's score of 69 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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B And M European Value Retail's reported carbon emissions
In 2024, B&M European Value Retail reported total carbon emissions of approximately 1,359,278,000 kg CO2e. This figure includes Scope 1 emissions of about 56,861,000 kg CO2e, Scope 2 emissions of approximately 43,123,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 1,259,295,000 kg CO2e. Comparatively, in 2023, the company recorded total emissions of about 1,485,000,000 kg CO2e, with Scope 1 at approximately 53,239,000 kg CO2e, Scope 2 at around 45,151,000 kg CO2e, and Scope 3 emissions reaching about 1,386,609,000 kg CO2e. This indicates a reduction in total emissions from 2023 to 2024. B&M European Value Retail has set ambitious climate commitments, aiming for a 25% reduction in absolute Scope 1 and 2 emissions by 2030, using a fiscal year 2021 baseline. This target aligns with the Science Based Targets initiative (SBTi) and reflects a commitment to the well-below-2°C scenario. Additionally, the company aspires to achieve a 90% reduction in total emissions across all scopes by 2040, offsetting the remaining 10%. The company also aims for 67% of its suppliers, by spend, to have science-based targets by 2027, further enhancing its sustainability efforts. B&M European Value Retail's headquarters is located in Luxembourg (LU).
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| 2016 | 2017 | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 24,541,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 87,129,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 111,669,000 | 000,000,000 | - | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
B And M European Value Retail 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.
