Coop Danmark A/S Sustainability Profile
Coop Danmark A/S, a leading player in the Danish retail sector, is headquartered in Denmark (DK) and operates extensively across the country. Founded in 1896, Coop has evolved into a cooperative that prioritises sustainability and community engagement, marking significant milestones in its commitment to responsible retailing. The company primarily focuses on grocery retail, offering a diverse range of products, including fresh produce, organic items, and private label goods that stand out for their quality and value. Coop's unique approach to sustainability and local sourcing has solidified its market position, making it a trusted choice for consumers seeking ethical shopping options. With a strong emphasis on innovation and customer satisfaction, Coop Danmark A/S continues to lead the way in the Danish retail landscape, consistently achieving notable recognition for its contributions to the industry.
DitchCarbon Score
How does Coop Danmark A/S'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.
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.
Industry Benchmark
Coop Danmark A/S's score of 34 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Coop Danmark A/S, headquartered in Denmark, has made significant commitments towards reducing its carbon emissions, although specific emissions data for the most recent year is currently unavailable. The company is committed to achieving net-zero emissions across all scopes by 2050, as indicated by its Science Based Targets initiative (SBTi) commitments. This long-term target reflects Coop Danmark's dedication to addressing climate change within the food and staples retailing sector. As a current subsidiary of Coop Danmark A/S, emissions data and performance metrics are cascaded from its parent organization, Coop Amba. While specific figures are not provided, the commitment to net-zero emissions demonstrates a proactive approach to sustainability and climate responsibility. Coop Danmark's climate strategy aligns with industry standards, focusing on comprehensive emissions reductions across all scopes, which include direct emissions (Scope 1), indirect emissions from energy consumption (Scope 2), and value chain emissions (Scope 3). The company is currently in the process of developing specific near-term targets to further enhance its climate action efforts. In summary, Coop Danmark A/S is on a path towards significant climate commitments, aiming for net-zero emissions by 2050, with ongoing efforts to establish measurable targets and reduce its overall carbon footprint.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 137,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 165,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 4,376,000,000 | - | - |
How Carbon Intensive is Coop Danmark A/S's Industry?
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Coop Danmark A/S's Scope 3 Categories Breakdown
The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 94% of Scope 3 emissions.
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Coop Danmark A/S's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Coop Danmark A/S has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
