Fix Price
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Fix Price's score of 33 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fix Price's reported carbon emissions
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 breakdown reveals substantial contributions from purchased goods and services (about 1,622,601,000 kg CO2e) and the use of sold products (approximately 1,158,050,000 kg CO2e). Comparatively, 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 Scope 3 emissions for that year were about 2,885,930,000 kg CO2e, indicating a notable increase in emissions from 2022 to 2023. Despite these figures, Fix Price has not established specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company does not appear to inherit emissions data from a parent organisation, maintaining its own reporting standards. Overall, Fix Price's emissions profile highlights the significant impact of its supply chain and product usage, underscoring the need for comprehensive climate strategies moving forward.
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| 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 |
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.
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.
