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Grocery Outlet Holding Corp., commonly known as Grocery Outlet, is a prominent player in the retail trade services sector, headquartered in the United States. Founded in 1946, the company has established itself as a leading discount grocery retailer, primarily operating in the western regions of the US.
Specialising in offering a wide range of grocery products at significantly reduced prices, Grocery Outlet distinguishes itself through its unique business model of purchasing surplus and closeout inventory. This approach not only provides customers with exceptional savings but also promotes sustainability by reducing food waste.
With a strong market presence and a commitment to value, Grocery Outlet has achieved notable milestones, including rapid expansion and a loyal customer base. The company continues to thrive in the competitive retail landscape, making it a go-to destination for budget-conscious shoppers seeking quality products.
-14 vs industry average
Grocery Outlet Holding Corp.’s score of 22 is lower than 37% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Retail Trade Services has below-average carbon intensity
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Grocery Outlet Holding Corp., a US-based retail trade services company, reported total carbon emissions of approximately 258.2 million kg CO2e in 2023. This figure comprises Scope 1 emissions of approximately 5.3 million kg CO2e, Scope 2 emissions of about 1.6 million kg CO2e, and Scope 3 emissions of roughly 251.3 million kg CO2e.
Their 2023 Scope 1 emissions include mobile combustion (4.1 million kg CO2e), fugitive emissions (689,000 kg CO2e), and stationary combustion (454,000 kg CO2e). Scope 2 emissions for the same year were primarily from purchased electricity, totalling 79,000 kg CO2e. The largest contributor to their 2023 footprint was Scope 3, with significant categories being downstream leased assets (144.3 million kg CO2e), upstream transportation and distribution (76.7 million kg CO2e), and purchased goods and services (22.8 million kg CO2e). Other Scope 3 contributors included capital goods (3.7 million kg CO2e), business travel (1.6 million kg CO2e), employee commute (1.6 million kg CO2e), and waste generated in operations (514,000 kg CO2e).
In 2021, the company's total emissions were approximately 222.0 million kg CO2e. This included Scope 1 emissions of about 4.6 million kg CO2e, Scope 2 emissions of 2.0 million kg CO2e, and Scope 3 emissions of roughly 215.5 million kg CO2e. No specific carbon reduction targets or commitments were provided.
No climate goals have been disclosed for Grocery Outlet Holding Corp. yet.
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