Coop Gruppe Genossenschaft

Coop Gruppe Genossenschaft, headquartered in Switzerland and operating in the wholesale and commission trade services sector, reported total carbon emissions of approximately 22.88 billion kg CO2e in 2024. This includes about 203.3 million kg CO2e from Scope 1 emissions, 45.6 million kg CO2e from Scope 2 market-based emissions (171.7 million kg CO2e location-based), and approximately 22.63 billion kg CO2e from Scope 3 emissions.

In 2023, the company's total emissions were about 22.29 billion kg CO2e, comprising approximately 232.0 million kg CO2e for Scope 1, 52.8 million kg CO2e for Scope 2 market-based emissions (183.3 million kg CO2e location-based), and about 22.01 billion kg CO2e for Scope 3.

Coop Gruppe Genossenschaft has committed to ambitious climate targets. As an SBTi-committed company, it aims to achieve net-zero greenhouse gas emissions across its value chain by 2050. Near-term targets include reducing absolute Scope 1 and 2 GHG emissions by 42% by 2030 from a 2022 base year. The company also commits to reducing absolute Scope 3 GHG emissions by 25% within the same timeframe, and specifically, Scope 3 GHG emissions from the use of sold fossil fuels by 42% by 2030. Furthermore, Coop Gruppe Genossenschaft targets a 30.3% reduction in absolute Scope 3 FLAG (Forest, Land, and Agriculture) GHG emissions by 2030 from a 2022 base year and pledges no deforestation across its primary deforestation-linked commodities by December 31, 2025.

Long-term, Coop Gruppe Genossenschaft plans to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050 from the 2022 base year, with a corresponding 90% reduction in absolute Scope 3 GHG emissions within the same period. The long-term Scope 3 FLAG GHG emissions target is a 72% reduction by 2050 from a 2022 base year. The target boundary for these commitments includes biogenic land-related emissions and removals from bioenergy feedstocks.

The company has also set internal targets to reduce direct CO2e emissions (Scope 1 and 2) by more than 20% by 2026, compared to a 2021 baseline, and by a further 21% by 2026 from a 2022 baseline. A historical commitment from 2008 aimed to lower CO2 emissions by over 50% by 2023 across all scopes.