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 29 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Aldo's reported carbon emissions
In 2022, Aldo reported total carbon emissions of approximately 248,373,000 kg CO2e. This figure includes 787,000 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 4,252,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 243,334,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions in the value chain. Aldo 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 targeting a 30% reduction in Scope 3 emissions per pair of shoes produced by the same year. These targets align with the Science Based Targets initiative (SBTi) and are classified as consistent with keeping global warming well below 2°C. Aldo's headquarters is located in Canada, and their sustainability efforts reflect a commitment to addressing climate change within the textiles, apparel, footwear, and luxury goods sector.
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| 2022 | |
|---|---|
| Scope 1 | 787,000 |
| Scope 2 | 4,252,000 |
| Scope 3 | 243,334,000 |
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.
Aldo is committed to some 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.
