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Axfood
Axfood AB, headquartered in Sweden, is a leading player in the Nordic grocery retail sector. Founded in 2000, the company has established a strong presence across various operational regions, primarily in Sweden. Axfood operates through well-known brands such as Willys and Hemköp, focusing on providing high-quality food products and services to consumers. Specialising in grocery retail, Axfood is committed to sustainability and innovation, offering a diverse range of products that cater to the evolving needs of its customers. The company has achieved notable milestones, including significant growth in market share and a reputation for excellence in customer service. With a focus on competitive pricing and a unique shopping experience, Axfood continues to solidify its position as a trusted name in the industry.
DitchCarbon Score
How does Axfood'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
Axfood's score of 47 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Axfood's reported carbon emissions
In 2023, Axfood reported total carbon emissions of approximately 44,327,000 kg CO2e, with significant contributions from Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions accounted for about 13,007,000 kg CO2e, while Scope 2 emissions totalled approximately 27,190,000 kg CO2e. Scope 3 emissions were notably high at around 28,601,000 kg CO2e, indicating substantial indirect emissions from the value chain. Axfood has set ambitious reduction targets, aiming to decrease carbon emissions from its owned trucks by 30% by 2025, using 2020 as the baseline year. This target applies to both Scope 1 and Scope 2 emissions, reflecting a commitment to improving operational efficiency and reducing the carbon footprint of its logistics. The company has not committed to net-zero emissions as of now, and its near-term targets have been classified as "committed" but not yet formalised under the Science Based Targets initiative (SBTi). The emissions data is cascaded from its parent company, Axfood AB (publ), which oversees the overall sustainability strategy and performance metrics. Overall, Axfood's emissions data and climate commitments highlight a proactive approach to addressing climate change, with a focus on reducing operational emissions while navigating the complexities of its supply chain emissions.
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| 2009 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 26,593,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 61,647,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 770,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Axfood is not participating in any 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.
