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 18 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Five Below, Inc.'s reported carbon emissions
Five Below, Inc., headquartered in the US, currently does not have publicly available carbon emissions data or specific reduction targets. As a result, there are no reported figures for their Scope 1, 2, or 3 emissions. However, the company is likely aware of the growing importance of climate commitments within the retail sector. While specific initiatives or pledges have not been disclosed, many companies in the industry are increasingly focusing on sustainability and reducing their carbon footprints. It is essential for Five Below to consider establishing measurable climate goals and strategies to align with industry standards and consumer expectations regarding environmental responsibility.
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 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.
