Gruppo Cap

Gruppo Cap, operating in the retail trade services sector in Italy, has reported significant carbon emissions, with a total of approximately 175 million kg CO2e in 2023. This figure comprises around 60.3 million kg CO2e from Scope 1 emissions and approximately 4.8 million kg CO2e from Scope 2 emissions (location-based). Scope 3 emissions were substantial, totalling around 239 million kg CO2e.

In 2022, Gruppo Cap's total emissions were approximately 127 million kg CO2e. Scope 1 emissions stood at about 53.9 million kg CO2e, while Scope 2 emissions were approximately 57.9 million kg CO2e (location-based). Scope 3 emissions for that year were around 155 million kg CO2e.

Looking further back, in 2021, the company reported total emissions of approximately 109 million kg CO2e, with Scope 1 at about 60 million kg CO2e and Scope 2 at around 55.2 million kg CO2e (location-based). Scope 3 emissions were approximately 117.9 million kg CO2e.

Gruppo Cap has established ambitious climate commitments. It aims for a reduction of 42% in Scope 1 and 2 emissions by 2030, using 2021 as the base year. This target is recognised by the Science Based Targets initiative (SBTi) as being consistent with limiting warming to 1.5°C. Furthermore, Gruppo Cap has committed to a 25% reduction in absolute Scope 3 GHG emissions by 2030, covering categories such as purchased goods and services, fuel and energy-related activities, waste generated in operations, and use of sold products. The company's SBTi commitment also notes that the target boundary includes biogenic land-related emissions and removals from bioenergy feedstocks. The data for Gruppo Cap's emissions and climate commitments is not cascaded from a parent organisation, with the company setting its own targets and reporting its own performance.