Avenue Supermarts Sustainability Profile
Avenue Supermarts Ltd., commonly known as D-Mart, is a leading player in the Indian retail industry, headquartered in Mumbai, Maharashtra. Founded in 2002, the company has rapidly expanded its footprint across major operational regions, including Maharashtra, Gujarat, and Karnataka, establishing itself as a go-to destination for everyday essentials. Specialising in a wide range of products, Avenue Supermarts offers groceries, household items, and apparel, all at competitive prices. Its unique business model focuses on cost efficiency and value for money, which has garnered a loyal customer base. Notable achievements include a robust market position as one of India's largest supermarket chains, recognised for its commitment to quality and customer satisfaction. With a strong emphasis on operational excellence, Avenue Supermarts continues to redefine the retail landscape in India.
DitchCarbon Score
How does Avenue Supermarts'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
Avenue Supermarts's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Avenue Supermarts's reported carbon emissions
In 2023, Avenue Supermarts reported total carbon emissions of approximately 124,840,000 kg CO2e for Scope 1, 172,832,000 kg CO2e for Scope 2, and 34,451,000 kg CO2e for Scope 3. This data reflects a comprehensive disclosure of their emissions across all relevant scopes. Comparatively, in 2022, the company recorded Scope 1 emissions of about 5,095,000 kg CO2e, Scope 2 emissions of approximately 146,392,000 kg CO2e, and Scope 3 emissions of around 27,326,000 kg CO2e. The trend indicates a significant increase in emissions, particularly in Scope 2, which may correlate with their revenue growth from approximately USD 4.08 billion in 2022 to about USD 5.22 billion in 2023. Despite the increase in emissions, Avenue Supermarts has not set specific reduction targets or climate pledges, nor have they disclosed any initiatives under the Science Based Targets initiative (SBTi). The absence of defined reduction strategies suggests a need for enhanced climate commitments in line with industry standards. Overall, Avenue Supermarts's emissions data highlights the importance of establishing clear climate goals and reduction initiatives to mitigate their environmental impact effectively.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 3,298,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 105,519,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 21,216,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Avenue Supermarts's Industry?
How Carbon Intensive is Avenue Supermarts's Location?
Avenue Supermarts'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.
Avenue Supermarts has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
