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Aeon Co., Ltd., commonly known as Aeon, is a prominent player in the retail trade services sector, headquartered in Japan. Established in 1758, Aeon has evolved into a leading retail conglomerate, with significant operations across Asia, particularly in Japan, Hong Kong, and other regions. The company focuses on a diverse range of retail services, excluding motor vehicles and motorcycles, alongside repair services for personal and household goods.
Aeon is renowned for its extensive selection of products, including groceries, apparel, and household items, distinguished by a commitment to quality and customer satisfaction. With a strong market position, Aeon has achieved notable milestones, such as the expansion of its store formats and the introduction of innovative shopping experiences. As a trusted name in retail, Aeon continues to adapt to changing consumer needs while maintaining its dedication to sustainability and community engagement.
+25 vs industry average
Aeon’s score of 61 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Retail Trade Services has below-average carbon intensity
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Aeon, headquartered in Japan and operating in Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), reported its total emissions for 2024 as approximately 1.76 billion kg CO2e. This includes Scope 1 emissions of about 288.29 million kg CO2e and Scope 2 emissions of approximately 263.99 million kg CO2e. Key categories within Scope 3 emissions for 2024 included downstream leased assets at around 1.18 billion kg CO2e, waste generated in operations at approximately 26.88 million kg CO2e, and fuel and energy related activities at about 6.93 million kg CO2e.
For 2023, Aeon's reported Scope 1 emissions were approximately 294.25 million kg CO2e and Scope 2 emissions were about 139.50 million kg CO2e. In 2022, Scope 1 emissions were around 265.99 million kg CO2e and Scope 2 emissions were approximately 86.16 million kg CO2e.
Aeon has committed to several climate reduction targets. The company aims to achieve net-zero emissions by 2050. Near-term goals include a 70% absolute reduction in Scope 1 and 2 emissions by 2035, compared to a 2019 baseline. Additionally, Aeon plans to reduce total CO2 emissions from its stores by 35% by 2030, referencing a 2010 baseline for Scope 1 and Scope 2. The company also intends to power Japanese shopping centres and general merchandise stores with 100% renewable energy by 2030.
Aeon's Science Based Targets initiative (SBTi) commitment, as of August 2021, is to reduce absolute Scope 1 and 2 GHG emissions by 46.2% by 2030 from a 2019 base year. This target is classified as consistent with reductions required to keep warming to 1.5°C. Furthermore, Aeon committed that 80% of its suppliers by emissions covering purchased goods and services would set science-based targets by 2021. As of November 2022, Aeon Co., Ltd. is listed with an SBTi near-term target status of "Targets Set" and a classification of "1.5°C".
2030
46.2% reduction in Scope 2
AEON commits to reduce absolute scope 1 and 2 GHG emissions 46.2% by 2030 from a 2019 base year. AEON also commits that 80% of its suppliers…
2030
46.2% reduction in Scope 1
AEON commits to reduce absolute scope 1 and 2 GHG emissions 46.2% by 2030 from a 2019 base year. AEON also commits that 80% of its suppliers…
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