El Corte Inglés, S.A.
El Corte Inglés, S.A., a leading retail giant based in Spain, operates its headquarters in Madrid and has a significant presence across the Iberian Peninsula. Founded in 1940, the company has evolved into a multifaceted retail powerhouse, encompassing department stores, supermarkets, and online shopping platforms. Renowned for its diverse range of products, El Corte Inglés offers everything from fashion and electronics to groceries and home goods, setting itself apart with exceptional customer service and a commitment to quality. As one of the largest department store chains in Europe, it has achieved notable milestones, including the expansion of its online services and the introduction of exclusive brands. With a strong market position, El Corte Inglés continues to innovate, adapting to changing consumer preferences while maintaining its reputation for reliability and excellence in the retail industry.
DitchCarbon Score
How does El Corte Inglés, S.A.'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 Food Product Manufacturing 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
El Corte Inglés, S.A.'s score of 42 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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El Corte Inglés, S.A.'s reported carbon emissions
In 2023, El Corte Inglés, S.A. reported total carbon emissions of approximately 3,625,633,110 kg CO2e. This figure includes emissions across all three scopes: Scope 1 emissions were about 62,354,740 kg CO2e, Scope 2 emissions totalled approximately 14,575,490 kg CO2e, and Scope 3 emissions accounted for a significant 3,548,702,890 kg CO2e. Notably, the largest contributor to Scope 3 emissions was purchased goods and services, which represented about 3,373,127,050 kg CO2e. Comparatively, in 2022, the company recorded total emissions of approximately 3,400,000,000 kg CO2e, with Scope 1 emissions at about 114,554,130 kg CO2e, Scope 2 at approximately 12,355,400 kg CO2e, and Scope 3 emissions reaching around 3,365,709,360 kg CO2e. This indicates a slight increase in total emissions year-on-year. El Corte Inglés has not publicly committed to specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of documented reduction targets suggests a need for enhanced climate action strategies within the organisation. Overall, while El Corte Inglés has made strides in reporting its emissions, the lack of defined reduction commitments highlights an opportunity for the company to strengthen its climate strategy and align with industry standards for sustainability.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 109,041,300 | 000,000,000 | 00,000,000 |
| Scope 2 | 11,810,530 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,449,335,950 | 0,000,000,000 | 0,000,000,000 |
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.
El Corte Inglés, S.A. 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.
