Foodmark
Foodmark, a prominent subsidiary of the Landmark Group, is headquartered in Sweden (SE) and operates extensively across the Middle East and North Africa. Established in 2004, Foodmark has carved a niche in the food and beverage industry, focusing on the distribution and retail of high-quality products. The company is renowned for its diverse portfolio, which includes well-known brands and private labels that cater to various consumer needs. Foodmark's commitment to quality and innovation sets it apart in a competitive market, allowing it to maintain a strong position within the industry. With a reputation for excellence, Foodmark has achieved significant milestones, including expanding its operational footprint and enhancing its product offerings, solidifying its status as a leader in the food sector.
DitchCarbon Score
How does Foodmark'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 Food Product Manufacturing 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
Foodmark's score of 18 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Foodmark's reported carbon emissions
In 2023, Foodmark reported total emissions of approximately 1,619,580 kg CO2e from Scope 2 and about 9,020 kg CO2e from Scope 1, reflecting a commitment to transparency in their carbon footprint. This data indicates a focus on reducing emissions associated with energy consumption and direct operations. Comparatively, in 2022, the company recorded emissions of about 1,836,940 kg CO2e in Scope 2 and approximately 10,620 kg CO2e in Scope 1, showing a reduction in both scopes year-on-year. Foodmark's emissions data from 2021 reveals a more comprehensive picture, with total emissions of approximately 43,700,000 kg CO2e, including 1,650,000 kg CO2e from Scope 1 and 309,000 kg CO2e from Scope 2, alongside significant Scope 3 emissions of about 41,741,000 kg CO2e. This highlights the substantial impact of their supply chain and operational activities. Despite these figures, Foodmark has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The emissions data is not cascaded from any parent company, ensuring that the reported figures are solely representative of Foodmark's operations. Overall, while Foodmark has made strides in emissions reporting, the absence of defined reduction initiatives suggests an opportunity for enhanced climate action and accountability in the coming years.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 6,660,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 499,463,000 | 000,000 | 000,000 |
| Scope 3 | 2,166,313,000 | 00,000,000 | 00,000,000 |
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.
Foodmark 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.
