Grocery Outlet Holding Corp. Sustainability Profile
Grocery Outlet Holding Corp., commonly known as Grocery Outlet, is a prominent discount grocery retailer headquartered in the United States. Founded in 1946, the company has established a significant presence across various regions, primarily in the western United States. Operating within the grocery industry, Grocery Outlet focuses on providing a unique shopping experience through its wide range of discounted products, including fresh produce, organic items, and everyday essentials. What sets Grocery Outlet apart is its commitment to offering high-quality products at unbeatable prices, often sourced from surplus inventory and closeouts. This innovative approach has positioned the company as a leader in the discount grocery sector, allowing it to achieve notable milestones, including rapid expansion and a loyal customer base. With a strong market presence, Grocery Outlet continues to redefine value in grocery shopping, making it a go-to destination for budget-conscious consumers.
DitchCarbon Score
How does Grocery Outlet Holding Corp.'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
Grocery Outlet Holding Corp.'s score of 28 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grocery Outlet Holding Corp.'s reported carbon emissions
In 2023, Grocery Outlet Holding Corp. reported total carbon emissions of approximately 258,221,000 kg CO2e. This figure includes Scope 1 emissions of about 5,257,000 kg CO2e, primarily from mobile combustion (approximately 4,114,000 kg CO2e), and Scope 2 emissions of about 1,642,000 kg CO2e. The majority of their emissions fall under Scope 3, amounting to approximately 251,322,000 kg CO2e, with significant contributions from downstream leased assets (about 144,348,000 kg CO2e) and upstream transportation and distribution (approximately 76,721,000 kg CO2e). Comparatively, in 2021, the company reported total emissions of about 217,727,000 kg CO2e, indicating an increase in emissions over the two-year period. The breakdown for 2021 included Scope 1 emissions of approximately 2,990,000 kg CO2e, Scope 2 emissions of about 2,071,000 kg CO2e, and Scope 3 emissions of around 209,361,000 kg CO2e. Despite the increase in emissions, Grocery Outlet Holding Corp. has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company’s emissions data is not cascaded from any parent organization, ensuring that the reported figures are solely reflective of Grocery Outlet Holding Corp.'s operations.
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| 2021 | 2023 | |
|---|---|---|
| Scope 1 | 2,990,000 | 0,000,000 |
| Scope 2 | 2,071,000 | 0,000,000 |
| Scope 3 | 209,361,000 | 000,000,000 |
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Grocery Outlet Holding Corp.'s Scope 3 Categories Breakdown
Grocery Outlet Holding Corp.'s Scope 3 emissions, which increased by 20% last year and increased by approximately 20% since 2021, 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 "Downstream Leased Assets" being the largest emissions source at 57% of Scope 3 emissions.
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Grocery Outlet Holding Corp.'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.
Grocery Outlet Holding Corp. 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.
