Albertsons Companies Sustainability Profile
Albertsons Companies, Inc., a leading player in the grocery retail industry, is headquartered in the United States. Founded in 1939, the company has grown to become one of the largest food and drug retailers in North America, operating across various regions, including the West, Midwest, and South. With a diverse portfolio of supermarkets, pharmacy services, and fuel centres, Albertsons is renowned for its commitment to quality and customer service. The company offers a wide range of products, from fresh produce to organic options, setting itself apart through its focus on sustainability and local sourcing. Notable achievements include its successful expansion through acquisitions and a strong market presence, making it a trusted name among consumers. Albertsons Companies continues to innovate in the grocery sector, adapting to changing consumer preferences while maintaining its core values.
DitchCarbon Score
How does Albertsons Companies'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
Albertsons Companies's score of 42 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Albertsons Companies's reported carbon emissions
In 2023, Albertsons Companies reported total greenhouse gas emissions of approximately 4,004,364,000 kg CO2e, comprising 2,651,176,000 kg CO2e from Scope 1 and 1,353,188,000 kg CO2e from Scope 2 (market-based). This marks a notable increase from 2022, where emissions were about 3,900,165,000 kg CO2e, with Scope 1 at 2,499,308,000 kg CO2e and Scope 2 (market-based) at 1,400,857,000 kg CO2e. The company has not disclosed Scope 3 emissions data for 2023, but in 2022, Scope 3 emissions from the use of sold products were reported at approximately 9,704,066,000 kg CO2e. Albertsons has set ambitious climate commitments, aiming to achieve net zero emissions in its own operations by 2040 for both Scope 1 and Scope 2 emissions. Additionally, the company has committed to reducing absolute Scope 1 and 2 GHG emissions by 47% by 2030 from a 2019 baseline. For Scope 3 emissions, specifically from the use of sold products, Albertsons aims for a reduction of 27.5% within the same timeframe. Furthermore, the company plans for 63% of its suppliers, by emissions covering purchased goods and services, to have science-based targets by 2026. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to industry-standard climate action, reinforcing Albertsons' role in the food and staples retailing sector in the US.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 3,039,002,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 2,130,132,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | - | - | - | 0,000,000,000 | - |
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Albertsons Companies's Scope 3 Categories Breakdown
Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 71% of total emissions under the GHG Protocol, with "Use of Sold Products" representing nearly all of their reported Scope 3 footprint.
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Albertsons Companies's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Albertsons Companies has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Albertsons Companies's sustainability data and climate commitments