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Argos, officially known as Argos Limited, is a leading British retailer headquartered in Milton Keynes, GB. Founded in 1973, the company has established itself as a prominent player in the retail industry, particularly in the areas of home goods, electronics, and toys. With a unique catalogue shopping model, Argos allows customers to browse a wide range of products both online and in-store, enhancing the shopping experience.
Over the years, Argos has achieved significant milestones, including its integration into the Sainsbury's Group in 2016, which expanded its market reach. The retailer is renowned for its extensive selection of over 60,000 products, competitive pricing, and convenient same-day delivery options. Argos continues to hold a strong market position, consistently ranking among the top retailers in the UK, making it a go-to destination for consumers seeking quality and value.
+28 vs industry average
Argos’s score of 64 is higher than 79% 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.
In 2023, Argos Limited reported total carbon emissions of approximately 12.8 billion kg CO2e. This figure includes Scope 1 emissions of about 8.3 billion kg CO2e, primarily from process emissions, Scope 2 emissions of approximately 358.6 million kg CO2e, and Scope 3 emissions amounting to about 16.8 billion kg CO2e. The Scope 3 emissions encompass various categories, including purchased goods and services, employee commuting, and upstream transportation.
Argos has set ambitious climate commitments, aiming for a 21% reduction in direct and indirect CO2 emissions per tonne of cementitious material by 2030, compared to 2021 levels. This target applies across all operations, including cement, concrete, power generation, and aggregates. Additionally, Argos is working towards a 29% reduction in Scope 1 emissions relative to 2006 levels by 2030.
The company’s emissions data is cascaded from its parent organization, J Sainsbury plc, reflecting a commitment to sustainability and climate action within its corporate family. Argos's initiatives align with industry standards, demonstrating a proactive approach to reducing its carbon footprint and addressing climate change.
Access structured emission data, company specific factors and auditable source documents
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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