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.
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.
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.
Coop Gruppe Genossenschaft's score of 45 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Coop Gruppe Genossenschaft, headquartered in Switzerland, reported an intensity of greenhouse gas emissions of approximately 0.0085 kg CO2e per CHF of revenue. The company has set ambitious climate commitments, aiming to achieve net-zero greenhouse gas emissions across its entire value chain by 2050. Coop has established near-term reduction targets, committing to reduce absolute Scope 1 and 2 emissions by 42% by 2030 from a 2022 baseline. Additionally, the company plans to cut absolute Scope 3 emissions by 25% within the same timeframe, with a specific target of reducing emissions from the use of sold fossil fuels by 42%. For the long term, Coop aims for a significant reduction of 90% in both Scope 1 and 2 emissions by 2050, as well as a 90% reduction in Scope 3 emissions. The company has also committed to reducing absolute Scope 3 emissions related to its supply chains and upstream processes by 21% by 2026. Coop's climate strategy includes a commitment to no deforestation across its primary deforestation-linked commodities by December 31, 2025, and a further reduction of 30.3% in Scope 3 emissions from FLAG (Forestry, Agriculture, Land-use and other GHG emissions) by 2030. These initiatives reflect Coop's dedication to sustainability and its proactive approach to addressing climate change.
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.