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 45 is higher than 98% 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 2023, Coop Gruppe Genossenschaft, headquartered in Switzerland, reported a greenhouse gas emissions intensity 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%. Furthermore, Coop aims to decrease Scope 3 FLAG emissions by 30.3% by 2030 and has pledged to eliminate deforestation linked to its primary commodities by December 31, 2025. For long-term goals, Coop intends to reduce absolute Scope 1 and 2 emissions by 90% and Scope 3 emissions by 90% by 2050, both from a 2022 baseline. These targets align with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C.
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.
