Public Profile

Tesco PLC

Tesco PLC, commonly known as Tesco, is a leading British multinational grocery and general merchandise retailer headquartered in Great Britain. Founded in 1919, Tesco has grown to become one of the largest supermarket chains in the UK, with a significant presence in several international markets, including Ireland, Central Europe, and Asia. Operating primarily in the retail industry, Tesco offers a diverse range of products and services, including groceries, clothing, electronics, and financial services. Its unique approach to customer loyalty, exemplified by the Clubcard programme, has set it apart from competitors. With a strong market position, Tesco has achieved notable milestones, such as being the first UK retailer to launch an online grocery service in 1996, solidifying its reputation as an innovator in the sector.

DitchCarbon Score

How does Tesco PLC'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.

82

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.

21

Industry Benchmark

Tesco PLC's score of 82 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

100%

Tesco PLC's reported carbon emissions

In 2023, Tesco PLC reported total carbon emissions of approximately 1,614,333,000 kg CO2e, with Scope 1 emissions at about 1,039,346,000 kg CO2e, Scope 2 emissions at approximately 7,796,000 kg CO2e, and Scope 3 emissions reaching around 567,191,000 kg CO2e. This reflects Tesco's ongoing commitment to reducing its carbon footprint across its operations. Tesco has set ambitious targets to achieve net-zero greenhouse gas emissions across its value chain by FY2050. The company aims to reduce absolute Scope 1 and 2 emissions by 82.6% by FY2032 from a FY2015 baseline. Additionally, Tesco is committed to a 55% reduction in absolute Scope 3 emissions by FY2032 from a FY2019 baseline. Specific targets include a 39.4% reduction in Scope 3 FLAG emissions by FY2032 and a commitment to no deforestation in its primary deforestation-linked commodities by FY2025. Long-term goals include a further reduction of 90% in Scope 1 and 2 emissions by FY2050 and a similar 90% reduction in Scope 3 emissions by the same year. These targets align with the Science Based Targets initiative (SBTi) and demonstrate Tesco's proactive approach to addressing climate change and promoting sustainability within the retail sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

200720162017201920202021202220232024
Scope 1
1,345,507,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
000,000,000
Scope 2
-
0,000,000,000
0,000,000,000
000,000,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
Scope 3
1,064,460,000
000,000,000
0,000,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Tesco PLC's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Tesco PLC is headquartered in GB, which has a rank of low, indicating low grid carbon 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.

Tesco PLC 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Similar Organizations

Future Retail Limited

IN
Food products nec
Updated 5 days ago

Woolworths Holdings

ZA
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated about 22 hours ago

Metro Retail Stores Group, Inc.

PH
Food products nec
Updated 5 days ago

Sysco Corporation

US
Food products nec
Updated 5 days ago

Shoppers Stop Limited

IN
Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)
Updated 5 days ago

Goldman Sachs

US
Financial intermediation services, except insurance and pension funding services (65)
Updated about 22 hours ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers