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 59 is higher than 78% 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 carbon emissions of approximately 99,517,700 kg CO2e, with emissions distributed across all three scopes. Specifically, Scope 1 emissions were about 19,934,750 kg CO2e, Scope 2 emissions totalled approximately 1,510,440 kg CO2e, and Scope 3 emissions reached around 99,517,700 kg CO2e. Notably, the Scope 3 emissions included significant contributions from purchased goods and services (about 47,729,870 kg CO2e) and upstream transportation and distribution (approximately 35,040,300 kg CO2e). For the previous year, 2021, Grupo Soma's emissions were reported as approximately 113,382,190 kg CO2e for Scope 3, with Scope 1 and 2 emissions at about 23,615,470 kg CO2e combined. This indicates a shift in their emissions profile, with a notable focus on reducing Scope 3 emissions. Grupo Soma has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 42% by 2030 from a 2022 baseline, and to cut Scope 3 emissions by 51.6% per product produced within the same timeframe. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by 2050, also from a 2022 baseline. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to significant emissions reductions across all scopes. The data reported by Grupo Soma is cascaded from its parent company, Grupo de Moda Soma S.A., ensuring consistency in their climate reporting and commitments.
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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.
