Coop Danmark A/S

Coop Danmark A/S, a retail trade services company headquartered in Denmark, has set ambitious climate targets. The company has committed to achieving net-zero greenhouse gas emissions across its entire value chain by 2050, with targets validated by the Science Based Targets initiative (SBTi).

For near-term reductions, Coop Danmark A/S aims to cut absolute Scope 1 and 2 GHG emissions by 91.0% by 2030 from a 2018 base year. Additionally, the company commits to reducing absolute Scope 3 GHG emissions by 37.5% by 2035 from a 2024 base year. This includes a 63.0% reduction in absolute Scope 3 GHG emissions from the use of sold products (covering sold fossil fuels) within the same timeframe. The company also targets a 45.5% reduction in absolute Scope 3 FLAG (Forest, Land and Agriculture) GHG emissions by 2035 from a 2024 base year and commits to no deforestation across its primary deforestation-linked commodities by December 31, 2025.

For long-term goals towards its 2050 net-zero commitment, Coop Danmark A/S plans to reduce absolute Scope 1 and 2 GHG emissions by 100.0% by 2050 from a 2018 base year. The company also commits to a 90.0% reduction in absolute Scope 3 GHG emissions by 2050 from a 2024 base year, which includes a 100.0% reduction in absolute Scope 3 GHG emissions from the use of sold products (covering sold fossil fuels) within that period. Furthermore, Coop Danmark A/S aims to reduce absolute Scope 3 FLAG GHG emissions by 72.0% by 2050 from a 2018 base year.

These targets for Coop Danmark A/S are derived from its SBTi commitments.