Guararapes Confecções S.A.
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 56% 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 have specific carbon emissions data available for the most recent year. However, the company has made significant climate commitments through its subsidiary, Lojas Riachuelo S/A. Lojas Riachuelo S/A has set ambitious targets to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by approximately 46.2% by 2030, using 2019 as the base year. Additionally, the company aims to increase its sourcing of renewable electricity from about 37% in 2019 to 100% by 2030. Furthermore, it has 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. The commitment to renewable energy and significant reductions in emissions reflects Guararapes Confecções S.A.'s dedication to sustainability within the textiles, apparel, and footwear sector.
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.
Guararapes Confecções S.A. 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.
