Grupo Soma
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 across all scopes. This includes 19,934,750 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 1,510,440 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The majority of their emissions, about 97,072,500 kg CO2e, were attributed to Scope 3, which includes emissions from the entire value chain, such as purchased goods and services, employee commuting, and waste generated in operations. Grupo Soma has set ambitious climate commitments, aiming to reduce absolute Scope 1 GHG emissions by 42% by 2030 and by 90% by 2050, using 2022 as the base year. Additionally, they plan to achieve a 90% reduction in Scope 3 emissions by 2050. Near-term targets also include a 51.6% reduction in Scope 3 emissions per product produced by 2030. Furthermore, the company is committed to reaching net-zero greenhouse gas emissions across its value chain by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to significant emissions reductions in line with climate science. The data reported by Grupo Soma is cascaded from its parent company, Grupo de Moda Soma S.A., ensuring consistency in their sustainability reporting.
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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 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Grupo Soma is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
