Foodmark Sustainability Profile
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 6 is lower than 83% 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. This marks a reduction from 2022, where emissions were approximately 1,836,940 kg CO2e for Scope 2 and about 10,620 kg CO2e for Scope 1. The company has not disclosed any Scope 3 emissions data for the recent years. Foodmark's emissions data for 2021 indicates a total of approximately 43,700,000 kg CO2e, with Scope 1 emissions at about 1,650,000 kg CO2e, Scope 2 at around 309,000 kg CO2e, and significant Scope 3 emissions of approximately 41,741,000 kg CO2e. The 2020 data shows similar trends, with total emissions of about 42,852,000 kg CO2e, including Scope 1 emissions of approximately 1,501,000 kg CO2e and Scope 2 emissions of around 398,000 kg CO2e. Despite these figures, Foodmark has not set specific reduction targets or climate pledges, nor are there any SBTi (Science Based Targets initiative) reduction targets reported. The company’s emissions data is not cascaded from a parent organization, indicating that it operates independently in its reporting. Overall, Foodmark is actively monitoring its carbon footprint, with a focus on reducing Scope 1 and 2 emissions, while the absence of Scope 3 data suggests an area for potential improvement in future sustainability efforts.
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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 |
How Carbon Intensive is Foodmark's Industry?
How Carbon Intensive is Foodmark's Location?
Foodmark's Scope 3 Categories Breakdown
Foodmark's Scope 3 emissions, which increased by 2% last year and decreased by approximately 98% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 94% of Scope 3 emissions.
Top Scope 3 Categories
Foodmark's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Foodmark has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
