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 27 is higher than 51% 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, which are direct emissions from owned or controlled sources, and 125,415,000 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. The majority of their emissions, about 3,142,396,000 kg CO2e, fall under Scope 3, which encompasses all other indirect emissions in the value chain, including significant contributions from purchased goods and services (1,622,601,000 kg CO2e) and the use of sold products (1,158,050,000 kg CO2e). In comparison, the 2022 emissions data indicated a total of approximately 3,006,433,000 kg CO2e, with Scope 1 emissions at 2,606,000 kg CO2e and Scope 2 emissions at 117,896,000 kg CO2e. The Scope 3 emissions for that year were about 2,885,930,000 kg CO2e. Despite these substantial figures, Fix Price has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or SBTi (Science Based Targets initiative) commitments. The company operates independently without cascading emissions data from a parent organisation, ensuring that their reported figures reflect their own operational impact. Overall, Fix Price's emissions profile highlights the significant challenges faced in reducing carbon footprints, particularly within the retail sector, where Scope 3 emissions often dominate.
Access structured emissions data, company-specific emission factors, and source documents
| 2020 | 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 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.
