Corporacion Favorita
Corporación Favorita, a leading retail conglomerate based in Ecuador, has established itself as a prominent player in the supermarket and wholesale industry since its founding in 1988. Headquartered in Quito, the company operates extensively across the Andean region, providing a diverse range of products and services that cater to the evolving needs of consumers. With a strong portfolio that includes well-known supermarket chains such as Supermaxi and Megamaxi, Corporación Favorita is recognised for its commitment to quality and customer satisfaction. The company has achieved significant milestones, including the expansion of its store network and the introduction of innovative shopping experiences. As a market leader, Corporación Favorita continues to set industry standards, making it a trusted choice for millions of customers in Ecuador and beyond.
DitchCarbon Score
How does Corporacion Favorita'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 Retail Trade Services 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
Corporacion Favorita's score of 5 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Corporacion Favorita's reported carbon emissions
As of the latest available data, Corporacion Favorita, headquartered in Ecuador, has not publicly reported specific carbon emissions figures for the most recent year. However, the company has made significant commitments towards reducing its carbon footprint. Corporacion Favorita is committed to achieving net-zero emissions across all scopes by 2050, with a near-term target status of "Committed" as of March 2023. This commitment aligns with the Science Based Targets initiative (SBTi), indicating a structured approach to climate action. The company is actively working towards these goals, although specific reduction percentages have not been disclosed. In summary, while detailed emissions data is currently unavailable, Corporacion Favorita is taking proactive steps to address climate change through its net-zero commitment and alignment with industry standards.
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.
Corporacion Favorita 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.
