Grupo Casas Bahia S.A. Sustainability Profile
Grupo Casas Bahia S.A., commonly known as Casas Bahia, is a prominent Brazilian retail company headquartered in São Caetano do Sul, São Paulo. Founded in 1952, the company has established itself as a leader in the home appliances and furniture sector, serving millions of customers across Brazil. Specialising in a diverse range of products, including electronics, furniture, and household goods, Casas Bahia is renowned for its competitive pricing and accessible credit options, making quality products available to a broad audience. Over the years, the company has achieved significant milestones, including the expansion of its online presence, which has enhanced its market position in the e-commerce landscape. With a strong commitment to customer service and innovation, Grupo Casas Bahia continues to be a key player in the Brazilian retail industry, consistently adapting to meet the evolving needs of consumers.
DitchCarbon Score
How does Grupo Casas Bahia S.A.'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 Furniture 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
Grupo Casas Bahia S.A.'s score of 28 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Grupo Casas Bahia S.A.'s reported carbon emissions
Grupo Casas Bahia S.A., headquartered in Brazil, has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established near-term targets for its greenhouse gas emissions. The company is committed to reducing its absolute Scope 1 and Scope 2 emissions by 42% by the year 2030, using 2023 as the base year. This target has been validated by the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. The commitment reflects a proactive approach to climate action, focusing on direct emissions from operations (Scope 1) and indirect emissions from energy consumption (Scope 2). Additionally, Grupo Casas Bahia S.A. is also working towards measuring and reducing its Scope 3 emissions, which encompass the broader impact of its supply chain and product lifecycle. This comprehensive strategy underscores the company's dedication to sustainability and its role in addressing climate change. As of now, there are no inherited emissions data from parent or related organizations, indicating that all targets and commitments are self-established. The company's initiatives demonstrate a clear commitment to environmental responsibility and a strategic approach to achieving its climate goals.
How Carbon Intensive is Grupo Casas Bahia S.A.'s Industry?
How Carbon Intensive is Grupo Casas Bahia S.A.'s Location?
Grupo Casas Bahia S.A.'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.
Grupo Casas Bahia S.A. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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