Coop Gruppe Genossenschaft
Coop Gruppe Genossenschaft, commonly referred to as Coop, is a prominent Swiss retail cooperative headquartered in Basel, Switzerland (CH). Established in 1890, Coop has evolved into a leading player in the retail and wholesale industry, primarily operating in the grocery sector. With a strong presence across Switzerland, Coop serves millions of customers through its extensive network of supermarkets, hypermarkets, and convenience stores. The cooperative is renowned for its commitment to quality, sustainability, and local sourcing, offering a diverse range of products, including fresh produce, organic goods, and household items. Coop's unique approach to customer engagement and community involvement has solidified its market position, making it one of the most trusted brands in Switzerland. Notable achievements include its innovative loyalty programmes and a strong focus on environmental responsibility, setting Coop apart in the competitive retail landscape.
DitchCarbon Score
How does Coop Gruppe Genossenschaft'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 Wholesale Trade 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 Gruppe Genossenschaft's score of 82 is higher than 94% 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 Gruppe Genossenschaft's reported carbon emissions
In 2024, Coop Gruppe Genossenschaft reported total carbon emissions of approximately 22,882,000,000 kg CO2e, with Scope 1 emissions at about 203,296,000 kg CO2e, Scope 2 emissions at approximately 45,606,000 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 22,633,056,000 kg CO2e. This represents a slight increase from 2023, where total emissions were about 22,293,258,000 kg CO2e, with Scope 1 at approximately 231,963,000 kg CO2e, Scope 2 at about 52,841,000 kg CO2e, and Scope 3 at around 22,008,454,000 kg CO2e. Coop has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across its value chain by 2050. Near-term targets include a reduction of absolute Scope 1 and 2 emissions by 42% by 2030 from a 2022 baseline, and a 25% reduction in absolute Scope 3 emissions within the same timeframe. Additionally, Coop plans to reduce Scope 3 emissions from the use of sold fossil fuels by 42% by 2030. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050, also from a 2022 baseline. Coop's commitment to sustainability is further underscored by its participation in the Science Based Targets initiative (SBTi), where it signed on in 2022 and plans to submit specific targets for 2030 in 2024. The company is also focused on reducing emissions in its supply chains and upstream processes, with a target to reduce CO2e emissions in areas it can directly influence by 21% by 2026. Overall, Coop Gruppe Genossenschaft is actively working towards significant emissions reductions while aligning its strategies with global climate goals.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 222,533,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 119,052,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 29,879,735,000 | 00,000,000,000 | 00,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Coop Gruppe Genossenschaft is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
