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 Europe and Asia. The company operates in the retail industry, focusing on food and drink, clothing, electronics, and household goods. Tesco is renowned for its commitment to quality and value, offering a diverse range of products, including its popular private label brands. The retailer has achieved notable milestones, such as pioneering the Clubcard loyalty programme, which has transformed customer engagement. With a strong market position, Tesco continues to innovate in areas like online shopping and sustainability, solidifying its reputation as a trusted choice for millions of customers.

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.

55

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.

11

Industry Benchmark

Tesco PLC's score of 55 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

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 at around 567,191,000 kg CO2e. This reflects a significant commitment to reducing greenhouse gas emissions across its operations. Tesco has set ambitious targets to achieve net-zero greenhouse gas emissions across its value chain by FY2050. In the near term, 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 reducing absolute Scope 3 emissions by 55% by FY2032 from a FY2019 baseline. Specific targets include a 39.4% reduction in Scope 3 emissions related to forest, land, and agriculture (FLAG) by FY2032, with a commitment to no deforestation in its primary commodities by FY2025. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions by FY2050 from the FY2015 baseline, and a similar 90% reduction in Scope 3 emissions by FY2050 from the FY2019 baseline. These targets align with the Science Based Targets initiative (SBTi) and reflect Tesco's commitment to sustainable practices in the retail sector.

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Add to project
2007201620172021202220232024
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
000,000,000
Scope 2
-
0,000,000,000
0,000,000,000
-
00,000,000
0,000,000
0,000,000
Scope 3
1,064,460,000
000,000,000
0,000,000,000
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

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Where does DitchCarbon data come from?

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