Dollarama
Dollarama Inc., a leading Canadian discount retailer, is headquartered in Montreal, Quebec, and operates extensively across Canada. Founded in 1992, the company has established itself as a prominent player in the retail industry, specialising in a wide range of products, including household items, party supplies, and seasonal goods, all offered at affordable prices. With a commitment to providing value, Dollarama's unique business model allows customers to find quality products at fixed price points, primarily under $4. This approach has positioned the company as a go-to destination for budget-conscious shoppers. Over the years, Dollarama has achieved significant milestones, including rapid expansion and a robust market presence, making it one of Canada's most recognised retail brands.
DitchCarbon Score
How does Dollarama'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
Dollarama's score of 26 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Dollarama's reported carbon emissions
In 2023, Dollarama reported total carbon emissions of approximately 49,464,000 kg CO2e, comprising 23,569,000 kg CO2e from Scope 1 emissions and 24,700,000 kg CO2e from Scope 2 emissions. This reflects a commitment to transparency in their climate impact, although no Scope 3 emissions data has been disclosed. Over the years, Dollarama has shown fluctuations in its emissions. For instance, in 2022, the company recorded total emissions of about 95,188,000 kg CO2e, indicating a significant reduction in 2023. The emissions from Scope 1 and 2 combined were approximately 109,975,000 kg CO2e in 2021 and 49,464,000 kg CO2e in 2023, showcasing a notable decrease in their carbon footprint. Despite these reductions, Dollarama has not set specific science-based targets or climate pledges, which may limit their long-term sustainability goals. The company continues to focus on improving its emissions intensity, which was reported at 30.14 kg CO2e per square foot in 2023. Overall, while Dollarama is making strides in reducing its carbon emissions, the absence of formal reduction targets suggests an opportunity for further commitment to climate action.
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| 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 1,070,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 28,928,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | - |
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.
Dollarama is not committed to any 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.
