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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 71 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Retail Trade Services has below-average carbon intensity
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Ceconomy's climate commitments and emissions data.
Emissions Data:
For 2025, Ceconomy reported total Scope 1 emissions of approximately 19,500,000 kg CO2e, including 8,300,000 kg CO2e from mobile combustion and 8,500,000 kg CO2e from process emissions. Their Scope 2 market-based emissions were approximately 26,900,000 kg CO2e, with purchased electricity accounting for 24,400,000 kg CO2e. Scope 3 emissions were approximately 21,229,500,000 kg CO2e, largely driven by the use of sold products (12,589,900,000 kg CO2e) and purchased goods and services (7,623,700,000 kg CO2e).
In 2024, the company's Scope 1 emissions were approximately 21,200,000 kg CO2e, with mobile combustion at 9,000,000 kg CO2e and stationary combustion at 8,100,000 kg CO2e. Scope 2 market-based emissions were 29,900,000 kg CO2e, and Scope 3 emissions totalled about 20,343,000,000 kg CO2e.
Looking back to 2023, Ceconomy's Scope 1 emissions were approximately 19,800,000 kg CO2e, while Scope 2 market-based emissions were around 23,100,000 kg CO2e. Scope 3 emissions for 2023 were about 20,702,900,000 kg CO2e.
In 2022, Ceconomy's Scope 1 emissions were approximately 26,655,400,000 kg CO2e, and Scope 2 market-based emissions were approximately 26,481,300,000 kg CO2e. Scope 3 emissions reached approximately 26,375,900,000 kg CO2e.
For 2021, Ceconomy reported Scope 1 emissions of approximately 22,100,000 kg CO2e and Scope 2 market-based emissions of about 53,900,000 kg CO2e. Relevant Scope 3 categories reported included purchased goods and services (724,800,000 kg CO2e) and upstream transportation and distribution (291,600,000 kg CO2e).
In 2020, Scope 1 emissions were approximately 22,600,000 kg CO2e, and Scope 2 market-based emissions were about 57,000,000 kg CO2e. Significant Scope 3 categories reported included capital goods (127,000,000 kg CO2e), purchased goods and services (298,800,000 kg CO2e), and upstream transportation and distribution (271,300,000 kg CO2e).
For 2019, Ceconomy reported Scope 1 emissions of approximately 31,700,000 kg CO2e and Scope 2 market-based emissions of about 73,700,000 kg CO2e. Scope 3 data was not fully disclosed for this year.
Climate Commitments:
Ceconomy AG is committed to significant emissions reductions, with targets validated by the Science Based Targets initiative (SBTi). The company aims to reduce absolute Scope 1 and 2 greenhouse gas emissions by 58.8% by fiscal year 2033, against a fiscal year 2019 base year. Additionally, Ceconomy AG commits to reducing absolute Scope 3 greenhouse gas emissions from purchased goods and services, upstream transportation and distribution, and use of sold products by 32.5% by fiscal year 2033, using a fiscal year 2022 base year. A further commitment is that 74% of its suppliers, by emissions covering purchased goods and services, will have science-based targets by fiscal year 2028.
Ceconomy also has a specific near-term absolute reduction target for its own-brand products (ISY, PEAQ, ok., and KOENIC) to achieve a 3% annual reduction in Scope 3 emissions by 2030, compared to a 2023 base year. The company is also working towards net-zero emissions, aiming to offset unavoidable emissions by supporting climate protection projects between 2023 and 2033.
2033
58.8% reduction in Scope 2
CECONOMY AG commits to reduce absolute scope 1 and 2 GHG emissions 58.8% by FY2033 from a FY2019 base year. CECONOMY AG also commits to redu…
2033
58.8% reduction in Scope 1
CECONOMY AG commits to reduce absolute scope 1 and 2 GHG emissions 58.8% by FY2033 from a FY2019 base year. CECONOMY AG also commits to redu…
2033
32.5% reduction in scope 3 total
CECONOMY AG commits to reduce absolute scope 1 and 2 GHG emissions 58.8% by FY2033 from a FY2019 base year. CECONOMY AG also commits to redu…
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