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 49 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Coop Gruppe Genossenschaft's reported carbon emissions
In 2023, Coop Gruppe Genossenschaft reported significant carbon emissions, totalling approximately 231,963,000 kg CO2e for Scope 1, 183,307,000 kg CO2e for Scope 2, and 22,008,454,000 kg CO2e for Scope 3 emissions. This reflects their ongoing commitment to sustainability and climate action. Coop Gruppe has set ambitious targets to reduce its greenhouse gas emissions. By 2030, the company aims to achieve a 42% reduction in absolute Scope 1 and 2 emissions from a 2022 baseline. Additionally, they plan to cut Scope 3 emissions by 25% within the same timeframe, with a specific goal of reducing emissions from the use of sold fossil fuels by 42%. Long-term commitments include a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050, also based on the 2022 levels. Furthermore, Coop Gruppe has pledged to eliminate deforestation linked to its primary commodities by December 31, 2025, and aims to reduce Scope 3 FLAG emissions by 72% by 2050. These initiatives align with the company's overall net-zero target, which aims for net-zero greenhouse gas emissions across its entire value chain by 2050. Coop Gruppe's proactive approach demonstrates its dedication to addressing climate change and promoting sustainable practices within the retail sector.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 106,356,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 93,664,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 90,158,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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 committed to some reduction initiatives 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.
