Guararapes Confecções S.A. Sustainability Profile
Guararapes Confecções S.A., commonly known as Riachuelo, is a prominent player in the Brazilian retail fashion industry, headquartered in Natal, Brazil. Founded in 1947, the company has grown to become one of the largest clothing retailers in the country, with a significant presence across various regions. Specialising in a diverse range of apparel, including women's, men's, and children's clothing, Guararapes Confecções is renowned for its commitment to quality and affordability. The company has achieved notable milestones, such as expanding its store network and enhancing its online shopping experience, positioning itself as a leader in the fast-fashion sector. With a focus on innovation and customer satisfaction, Guararapes Confecções S.A. continues to set trends in the fashion industry, making it a go-to destination for style-conscious consumers in Brazil.
DitchCarbon Score
How does Guararapes Confecções 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 Textile 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
Guararapes Confecções S.A.'s score of 21 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Guararapes Confecções S.A.'s reported carbon emissions
Guararapes Confecções S.A., headquartered in Brazil, currently does not report specific carbon emissions data. However, the company has set ambitious climate commitments through its subsidiary, Lojas Riachuelo S/A. The company aims to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by approximately 46.2% by 2030, using 2019 as the base year. Additionally, Lojas Riachuelo S/A plans to increase its sourcing of renewable electricity from about 37% in 2019 to 100% by 2030. Furthermore, the company is committed to reducing Scope 3 GHG emissions from purchased goods and services by 55% per piece of apparel and footwear by 2030, also from a 2019 baseline. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C. As of now, Guararapes Confecções S.A. does not have specific emissions data available, but its commitments reflect a proactive approach to addressing climate change within the textiles and apparel sector.
How Carbon Intensive is Guararapes Confecções S.A.'s Industry?
How Carbon Intensive is Guararapes Confecções S.A.'s Location?
Guararapes Confecções 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.
Guararapes Confecções 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.
