B And M European Value Retail
B&M European Value Retail, commonly known as B&M, is a leading discount retailer headquartered in Luxembourg (LU). Established in 1978, the company has grown significantly, operating over 1,000 stores across the UK and Europe, primarily focusing on the value retail sector. B&M offers a diverse range of products, including groceries, home goods, and seasonal items, all at competitive prices, which sets it apart in the market. With a commitment to delivering quality at low prices, B&M has carved out a strong market position, becoming a go-to destination for budget-conscious shoppers. The retailer's unique approach to sourcing and merchandising has led to notable achievements, including rapid expansion and a loyal customer base. As a prominent player in the discount retail industry, B&M continues to thrive by adapting to consumer needs and market trends.
DitchCarbon Score
How does B And M European Value Retail'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
B And M European Value Retail's score of 71 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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B And M European Value Retail's reported carbon emissions
In 2024, B&M European Value Retail reported total carbon emissions of approximately 1,359,278,000 kg CO2e. This figure includes 56,861,000 kg CO2e from Scope 1 emissions, 43,123,000 kg CO2e from Scope 2 emissions, and a significant 1,259,295,000 kg CO2e from Scope 3 emissions. In comparison, the previous year, 2023, the total emissions were about 1,485,000,000 kg CO2e, with Scope 1 at 53,239,000 kg CO2e, Scope 2 at 45,151,000 kg CO2e, and Scope 3 at 1,386,609,000 kg CO2e. B&M has set ambitious climate commitments, aiming for a 25% reduction in absolute Scope 1 and 2 emissions by 2030, using a fiscal year 2021 baseline. This target aligns with the Science Based Targets initiative (SBTi) well-below-2°C scenario. Furthermore, the company has committed to a long-term goal of achieving a 90% reduction in total emissions across all scopes by 2040, with plans to offset the remaining 10%. B&M's commitment to sustainability also includes ensuring that 67% of its suppliers, by spend, will have science-based targets by 2027. These initiatives reflect B&M's dedication to reducing its carbon footprint and contributing to global climate goals.
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| 2016 | 2017 | 2018 | 2019 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 24,541,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 87,129,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 111,669,000 | 000,000,000 | - | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
B And M European Value Retail 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.
