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 33 is higher than 85% 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 Scope 1 emissions of about 1,670,000 kg CO2e, Scope 2 emissions of approximately 125,415,000 kg CO2e, and significant Scope 3 emissions totalling around 3,142,396,000 kg CO2e. The Scope 3 emissions are primarily driven by purchased goods and services, which account for about 1,622,601,000 kg CO2e, and the use of sold products, contributing approximately 1,158,050,000 kg CO2e. In 2022, Fix Price's total emissions were about 3,006,433,000 kg CO2e, with Scope 1 at approximately 2,606,000 kg CO2e and Scope 2 at around 117,896,000 kg CO2e. The company has shown an increase in total emissions from 2022 to 2023, reflecting a rise in operational scale and activity. Despite the lack of specific reduction targets or initiatives disclosed, Fix Price has acknowledged its carbon footprint across all three scopes of emissions. The company is committed to addressing its climate impact, although no formal climate pledges or science-based targets have been reported. As a major player in the retail sector, Fix Price's emissions profile highlights the importance of sustainable practices and the need for ongoing efforts to mitigate climate change.
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.