Five Below, Inc.
Five Below, Inc., a leading American retail chain, is headquartered in Philadelphia, US. Founded in 2002, the company has rapidly expanded its footprint across the United States, offering a unique shopping experience focused on trendy products priced at $5 or below. Specialising in a diverse range of merchandise, including toys, games, fashion accessories, and tech gadgets, Five Below caters primarily to the youth market, making it a go-to destination for teens and pre-teens. With a commitment to providing fun and affordable products, Five Below has carved out a significant niche in the discount retail industry. The company has achieved notable milestones, including a successful public offering in 2019, solidifying its market position as a favourite among budget-conscious consumers. Its innovative approach to retail continues to set it apart in a competitive landscape.
DitchCarbon Score
How does Five Below, Inc.'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
Five Below, Inc.'s score of 25 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Five Below, Inc.'s reported carbon emissions
Five Below, Inc., headquartered in the US, currently does not have publicly available carbon emissions data for the most recent year, nor does it report specific reduction targets or initiatives related to climate commitments. The absence of emissions data suggests that the company may not have established a comprehensive framework for tracking its carbon footprint across Scope 1, 2, or 3 emissions. As of now, Five Below, Inc. has not disclosed any significant climate pledges or commitments to reduce greenhouse gas emissions. This lack of information indicates that the company may still be in the early stages of developing its sustainability strategy or may rely on broader industry standards without specific targets. In the context of the retail industry, many companies are increasingly adopting science-based targets and sustainability initiatives to address climate change. However, without specific data or commitments from Five Below, Inc., it is challenging to assess its position relative to industry peers.
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.
Five Below, Inc. is not participating in any 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.
