Ica Gruppen Sustainability Profile
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 78 is higher than 89% 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 2024, Ica Gruppen reported total carbon emissions of approximately 12,211,533,000 kg CO2e, with significant contributions from Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions accounted for about 82,441,000 kg CO2e, while Scope 2 emissions were approximately 6,090,000 kg CO2e. The majority of emissions, approximately 12,196,612,000 kg CO2e, originated from Scope 3, which includes emissions from franchises, capital goods, and the use of sold products. Ica Gruppen has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. Near-term targets include a 42% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2022 baseline, alongside a similar 42% reduction in Scope 3 emissions. Additionally, the company has committed to reducing Scope 3 FLAG emissions by 30.3% by 2030 and achieving no deforestation in its primary commodities by December 2025. The company has also achieved a notable 52% reduction in direct greenhouse gas emissions (Scope 1) since 2006, primarily through enhanced energy efficiency, the transition to renewable energy sources, and improved refrigerant management. These targets and achievements are part of Ica Gruppen's broader strategy to align with the Paris Agreement's 1.5°C goal, demonstrating a strong commitment to sustainability and climate action. Data for Ica Gruppen's emissions and targets are cascaded from its parent company, ICA Gruppen AB (publ), ensuring consistency and accountability in its climate reporting.
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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 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 35,567,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 72,607,000 | 00,000,000 | 00,000,000 | 000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Ica Gruppen's Industry?
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Ica Gruppen's Scope 3 Categories Breakdown
Ica Gruppen's Scope 3 emissions, which increased by 2% last year and increased significantly since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 1% of Scope 3 emissions.
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Ica Gruppen'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.
Ica Gruppen 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.
