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OrganisationsGreggs
Greggs logo

Greggs

Retail Trade ServicesUnited KingdomPNK: GGGSY
Last verified 4 months agogreggs.co.uk

Greggs plc, commonly known as Greggs, is a prominent player in the UK retail trade services sector, specifically focusing on food and beverage offerings. Headquartered in Newcastle upon Tyne, GB, the company has established a strong presence across the UK, with thousands of outlets serving a diverse customer base.

Founded in 1939, Greggs has evolved from a local bakery into a beloved national chain, renowned for its freshly baked goods, including pastries, sandwiches, and sweet treats. The brand is particularly famous for its vegan options and commitment to quality ingredients, setting it apart in a competitive market.

With a significant market position, Greggs has achieved notable milestones, including consistent growth in sales and a loyal customer following. Its innovative approach to menu development and customer engagement continues to drive its success in the retail trade industry.

32
DitchCarbon score

-2 vs industry average

Greggs’s score of 32 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Retail Trade Services has below-average carbon intensity

Industry performance

0.181
20182025

The Retail Trade Services industry has reduced its overall emissions by 31% since 2018

Emissions trajectory 2020 – 2026

00.0M00M00.0M0.0M0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Greggs's reported carbon emissions

Greggs PLC: Carbon Emissions and Climate Commitments

Greggs PLC, a prominent retail trade services company headquartered in GB, is actively engaged in reducing its environmental impact. The company has set ambitious targets, aligning with the Science Based Targets initiative (SBTi) to limit global warming to 1.5°C.

Emissions Data:

  • 2023: Greggs reported Scope 1 emissions of approximately 15.15 million kg CO2e, comprising mobile combustion (1.35 million kg CO2e), fugitive emissions (5.51 million kg CO2e), and stationary combustion (9.14 million kg CO2e). Scope 2 emissions from purchased electricity amounted to approximately 2.98 million kg CO2e. The total Scope 1 and 2 emissions for 2023 were approximately 18.13 million kg CO2e.
  • 2022: Scope 1 emissions were approximately 15.55 million kg CO2e (mobile combustion: 0.67 million kg CO2e, fugitive emissions: 7.00 million kg CO2e, stationary combustion: 8.89 million kg CO2e). Scope 2 emissions from purchased electricity totalled approximately 7.11 million kg CO2e. The combined Scope 1 and 2 emissions were approximately 22.66 million kg CO2e.
  • 2020: Greggs reported combined Scope 1 and 2 emissions of approximately 30.12 million kg CO2e.

Climate Commitments and Reduction Targets:

Greggs has committed to significant absolute emissions reductions by 2030, using 2019 as a base year.

  • Scope 1 and 2 Emissions: The company aims to reduce absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 46.2% by 2030. This target is considered consistent with the reductions required to keep warming to 1.5°C.
  • Scope 3 Emissions: Greggs also commits to a 46.2% reduction in absolute Scope 3 GHG emissions from purchased goods and services by 2030.

These targets have been validated by the SBTi, reinforcing Greggs' dedication to corporate sustainability and climate action within the retail sector. Further details on emission intensity can be found for 2023 (market-based intensity of 0.02366 tonnes per £m turnover) and 2022 (gross location-based intensity of 0.05786 tonnes per £m turnover).

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Greggs’s Climate Goals (2030 & 2050)

No climate goals have been disclosed for Greggs yet.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 targetSee details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Greggs logoGreggs
GBRetail Trade Services
4 months ago
32
Tesco PLC logoTesco PLC
GBBusiness Services
7 days ago
98
View
Sodexo logoSodexo
FRFood Product Manufacturing
1 day ago
98
View
Co Operative logoCo Operative
GBRail Transport
3 hours ago
85
View
Marks And Spencer logoMarks And Spencer
GBRetail Trade Services
7 days ago
84
View
Compass Group PLC logoCompass Group PLC
GBHospitality
1 day ago
79
View
Domino's Pizza Group plc logoDomino's Pizza Group plc
GBHospitality
7 days ago
66
View

Frequently asked questions

Common questions about Greggs’s sustainability data and climate commitments

In 2023, Greggs' market-based carbon footprint was approximately 43,000 tonnes of CO₂e, with an intensity of about 24 tonnes per million pounds of turnover. The company's total Scope 1 and 2 emissions were roughly 18 million kg CO₂e, reflecting efforts to reduce energy use and switch to renewable energy sources. These figures demonstrate Greggs' ongoing commitment to lowering its environmental impact within the retail trade services sector in GB, with a focus on transparency and progress toward climate goals. The data highlights significant reductions compared to previous years, emphasizing their sustainability efforts.

Data year: 2023

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Ditchcarbonv260716.3
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