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.
+10 vs industry average
El Corte Inglés, S.A.’s score of 27 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Food Product Manufacturing is among the most carbon-intensive industries
Industry performance
The Food Product Manufacturing industry has increased its overall emissions by 9% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
El Corte Inglés, S.A.'s reported carbon emissions
In 2023, El Corte Inglés, S.A. reported total carbon emissions of approximately 3.63 billion kg CO2e. This figure includes Scope 1 emissions of about 62.4 million kg CO2e, Scope 2 emissions of approximately 14.6 million kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 3.55 billion kg CO2e. The Scope 3 emissions primarily stem from purchased goods and services, accounting for about 3.37 billion kg CO2e.
El Corte Inglés has set ambitious climate commitments, aiming to reduce its direct (Scope 1) emissions by 30% from 2020 levels by the year 2030. Similarly, the company is committed to a 30% reduction in its indirect (Scope 2) emissions over the same timeframe. These targets reflect the company's proactive approach to addressing climate change and reducing its overall carbon footprint.
The emissions data is not cascaded from any parent organization, indicating that El Corte Inglés, S.A. independently reports its emissions and climate initiatives. The company continues to engage in various sustainability efforts to enhance its environmental performance and contribute to global climate goals.
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El Corte Inglés, S.A.’s Climate Goals (2030 & 2050)
2 goals2030
30% reduction in Scope 1
We are committed to reducing our direct emissions by 30% from 2020 levels by 2030.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
6 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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El Corte Inglés, S.A.
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