Aldo
Aldo Group, commonly known as Aldo, is a prominent Canadian retailer headquartered in Montreal, Quebec. Established in 1972, the company has grown to become a leader in the footwear and accessories industry, with a significant presence across North America and Europe. Aldo is renowned for its stylish and affordable shoes, handbags, and accessories, catering to a diverse clientele. With a commitment to quality and design, Aldo offers unique products that blend contemporary fashion with comfort. The brand has achieved notable milestones, including the expansion of its retail footprint and the launch of sustainable initiatives aimed at reducing environmental impact. As a key player in the global fashion market, Aldo continues to innovate while maintaining its reputation for delivering trendy and accessible products.
DitchCarbon Score
How does Aldo'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
Aldo's score of 35 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Aldo's reported carbon emissions
In 2023, The ALDO Group reported total carbon emissions of approximately 143,000 kg CO2e, comprising about 23,700 kg CO2e from Scope 1 emissions and about 103,400 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2022, when total emissions were approximately 445,400 kg CO2e, with Scope 1 emissions at about 1,400 kg CO2e. The ALDO Group has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 40% by 2030, using 2016 as the base year. Additionally, the company is committed to reducing Scope 3 emissions from footwear manufacturing and materials by 30% per pair of shoes by 2030, also from a 2016 baseline. More recently, they have established further targets to achieve a 76.4% reduction in absolute Scope 1 and 2 emissions by FY2034, alongside a 35% reduction in Scope 3 emissions by FY2034, using 2022 as the base year. These targets are aligned with the Science Based Targets initiative (SBTi) and are classified as consistent with keeping global warming well below 2°C, with some targets aiming for a 1.5°C pathway. The ALDO Group's commitment to sustainability reflects its proactive approach to addressing climate change within the textiles, apparel, footwear, and luxury goods sector.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 1,400 | 00,000 |
| Scope 2 | - | 000,000 |
| Scope 3 | - | - |
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.
Aldo 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.
