Ica Gruppen
Ica Gruppen AB, commonly referred to as Ica Gruppen, is a leading retail and grocery company headquartered in Sweden (SE). Established in 1938, the company has grown to become a significant player in the Nordic grocery market, primarily operating in Sweden and parts of the Baltic region. Ica Gruppen's core business areas include grocery retail, pharmacy services, and banking, with a strong emphasis on sustainability and local sourcing. The company is renowned for its extensive range of private label products, which are designed to meet diverse consumer needs while ensuring quality and affordability. With a robust market position, Ica Gruppen has achieved notable milestones, including the introduction of innovative digital solutions to enhance customer experience. Its commitment to sustainability and community engagement further solidifies its reputation as a trusted brand in the industry.
DitchCarbon Score
How does Ica Gruppen'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 Food Product 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
Ica Gruppen's score of 76 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ica Gruppen's reported carbon emissions
In 2023, Ica Gruppen reported total carbon emissions of approximately 92,887,000 kg CO2e, with Scope 1 emissions at about 97,983,000 kg CO2e, Scope 2 emissions at 680 kg CO2e, and Scope 3 emissions at approximately 80,431,000 kg CO2e. This reflects a commitment to reducing greenhouse gas emissions across all scopes. Ica Gruppen has set ambitious targets to reduce its emissions by 70% per square metre by 2025 from a 2006 baseline, encompassing all scopes, including significant Scope 3 emissions from franchises, downstream transportation, and business travel. Additionally, the company aims for suppliers responsible for 70% of its Scope 3 emissions to establish science-based targets by 2025. Looking towards the future, Ica Gruppen has committed to achieving net-zero greenhouse gas emissions across its entire value chain by 2050. Near-term goals include a 42% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2022 baseline, alongside a similar reduction in Scope 3 emissions. Long-term targets include a 90% reduction in absolute Scope 1 and 2 emissions and a 90% reduction in Scope 3 emissions by 2050. Ica Gruppen's climate strategy also includes a commitment to no deforestation across its primary deforestation-linked commodities by December 2025, further demonstrating its dedication to sustainable practices in the food and staples retailing sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 38,670,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 35,567,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000 | 000 |
| Scope 3 | 72,607,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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.
Ica Gruppen 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.
