Ceconomy AG, headquartered in Düsseldorf, Germany, is a leading player in the retail trade services sector, specifically focusing on consumer electronics and household goods. Founded in 2017, Ceconomy emerged from the restructuring of Metro AG, quickly establishing itself as a prominent entity in the European market.
The company operates primarily through its well-known brands, including MediaMarkt and Saturn, which offer a diverse range of products from electronics to home appliances. Ceconomy distinguishes itself with a customer-centric approach, providing exceptional service and a seamless shopping experience across its extensive network of stores and online platforms.
With a strong market position, Ceconomy has achieved significant milestones, including expanding its footprint across major European regions, solidifying its reputation as a trusted retailer in the consumer electronics space.
+35 vs industry average
Ceconomy’s score of 70 is higher 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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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Ceconomy's reported carbon emissions
Ceconomy, a retail trade services company based in Germany, reported a total of approximately 21.2 billion kg CO2e in Scope 3 emissions for the 2025 reporting year. Scope 1 emissions for the same period were approximately 19.5 million kg CO2e, and Scope 2 emissions (market-based) were approximately 26.9 million kg CO2e. For the 2024 reporting year, Ceconomy's total emissions were approximately 20.3 billion kg CO2e for Scope 3, with Scope 1 emissions at around 21.2 million kg CO2e and Scope 2 (market-based) at approximately 29.9 million kg CO2e. In 2023, total emissions were approximately 20.7 billion kg CO2e for Scope 3, with Scope 1 at about 19.8 million kg CO2e and Scope 2 (market-based) at approximately 23.1 million kg CO2e. In 2022, total emissions stood at approximately 26.7 billion kg CO2e for Scope 1, 26.5 billion kg CO2e for Scope 2 (market-based), and 26.4 billion kg CO2e for Scope 3. Ceconomy has established ambitious climate commitments. Notably, they aim to reduce absolute Scope 1 and 2 greenhouse gas emissions by 58.8% by the 2032/33 financial year, using the 2019 financial year as a base year. This target has been validated by the Science Based Targets initiative (SBTi). Furthermore, Ceconomy is committed to reducing absolute Scope 3 emissions from purchased goods and services, upstream transportation and distribution, and the use of sold products by 32.5% by FY2033, based on a FY2022 baseline. Additionally, the company aims for 74% of its suppliers, covering purchased goods and services, to have science-based targets by FY2028. Ceconomy also plans to offset emissions that cannot be reduced further through climate protection projects to achieve net-zero emissions by 2033. For their own-brand products (ISY, PEAQ, ok., and KOENIC), they have set a target for a 3% annual reduction in Scope 3 emissions by 2030.
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Ceconomy’s Climate Goals (2030 & 2050)
1 goal2033
In order to achieve net zero emissions, we want to offset th…
In order to achieve net zero emissions, we want to offset those emissions that cannot be reduced any further by supporting climate protectio…
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
11 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Ceconomy
Frequently asked questions
Common questions about Ceconomy’s sustainability data and climate commitments
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