Fix Price, officially known as Fix Price Group Ltd, is a leading discount retailer headquartered in Russia. Established in 2007, the company has rapidly expanded its footprint across various regions, including Eastern Europe and Central Asia, becoming a prominent player in the retail industry. Specialising in a wide range of products, Fix Price offers everything from household goods to food items, all at fixed low prices, which sets it apart in the competitive market. The company's unique business model focuses on affordability and accessibility, catering to budget-conscious consumers. With thousands of stores nationwide, Fix Price has achieved significant milestones, including a successful IPO in 2020, solidifying its market position as a go-to destination for value shopping. Its commitment to quality and variety continues to drive customer loyalty and growth in the discount retail sector.
How does Fix Price'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.
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.
Fix Price's score of 16 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Fix Price reported total carbon emissions of approximately 3,269,481,000 kg CO2e. This figure includes 1,670,000 kg CO2e from Scope 1 emissions, 125,415,000 kg CO2e from Scope 2 emissions, and a significant 3,142,396,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions are primarily driven by purchased goods and services, which accounted for about 1,622,601,000 kg CO2e, and the use of sold products, contributing approximately 1,158,050,000 kg CO2e. In the previous year, 2022, Fix Price's total emissions were around 3,006,433,000 kg CO2e, indicating an increase in emissions over the year. The company has not publicly disclosed specific reduction targets or initiatives as part of its climate commitments, which suggests a need for further transparency in its sustainability strategy. Overall, Fix Price's emissions data highlights the significant impact of its operations on the environment, particularly through Scope 3 emissions, which are often the largest contributor for retail companies. The absence of defined reduction targets may limit the company's ability to effectively address its carbon footprint in the future.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Scope 1 | 3,080,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 88,761,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | 2,091,632,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Fix Price 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.