Grupo Soma Sustainability Profile
Grupo Soma, headquartered in Brazil, is a prominent player in the fashion and retail industry, renowned for its diverse portfolio of brands. Founded in 2002, the company has rapidly expanded its operations across major regions in Brazil, establishing a strong presence in the market. Specialising in women's fashion, Grupo Soma offers a unique blend of contemporary design and sustainable practices, setting itself apart with high-quality materials and innovative styles. The company’s notable brands, including Animale and Farm, have garnered a loyal customer base, contributing to its esteemed market position. With a commitment to sustainability and social responsibility, Grupo Soma continues to achieve significant milestones, reinforcing its reputation as a leader in the Brazilian fashion landscape.
DitchCarbon Score
How does Grupo Soma'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 Apparel Production 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 Soma's score of 61 is higher than 77% 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 Soma's reported carbon emissions
In 2022, Grupo Soma reported total greenhouse gas emissions of approximately 99,517,700 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 99% of the total. Specifically, Scope 1 emissions were about 19,934,750 kg CO2e, while Scope 2 emissions totalled approximately 1,510,440 kg CO2e. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 emissions by 90% by 2050, using 2022 as the base year. Additionally, Grupo Soma is committed to a 90% reduction in absolute Scope 3 emissions within the same timeframe. For near-term targets, the company aims for a 42% reduction in absolute Scope 1 and Scope 2 emissions by 2030, also from a 2022 baseline. Furthermore, it plans to reduce Scope 3 emissions from purchased goods and services, upstream transportation and distribution, waste generated in operations, and employee commuting by 51.6% per product produced by 2030. Grupo Soma's climate strategy is aligned with the Science Based Targets initiative (SBTi) and includes a commitment to achieve net-zero greenhouse gas emissions across its value chain by 2050. The emissions data and targets are cascaded from its parent company, Grupo de Moda Soma S.A., ensuring a cohesive approach to sustainability across its operations.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 18,268,540 | 00,000,000 |
| Scope 2 | 5,346,940 | 0,000,000 |
| Scope 3 | 113,382,190 | 00,000,000 |
How Carbon Intensive is Grupo Soma's Industry?
How Carbon Intensive is Grupo Soma's Location?
Grupo Soma's Scope 3 Categories Breakdown
Grupo Soma's Scope 3 emissions, which decreased by 12% last year and decreased by approximately 12% since 2021, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 48% of Scope 3 emissions.
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Grupo Soma'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 Soma 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.
