Iceland Groceries
Iceland Foods Ltd, commonly known as Iceland Groceries, is a prominent British supermarket chain headquartered in Deeside, GB. Founded in 1970, the company has established itself as a leader in the frozen food sector, offering a diverse range of products that include frozen meals, vegetables, and desserts. Iceland is particularly noted for its commitment to quality and affordability, making it a go-to destination for budget-conscious shoppers. With a strong presence across the UK, Iceland operates over 900 stores, catering to a wide customer base. The company has achieved significant milestones, including the introduction of innovative product lines and a focus on sustainability. Iceland's unique selling proposition lies in its extensive selection of frozen goods, complemented by fresh produce and grocery items, ensuring a comprehensive shopping experience for its customers.
DitchCarbon Score
How does Iceland Groceries'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 Retail Trade Services 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
Iceland Groceries's score of 10 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Iceland Groceries's reported carbon emissions
In 2023, Iceland Groceries reported total carbon emissions of approximately 167,773,000 kg CO2e from Scope 2 and about 69,571,000 kg CO2e from Scope 1. This reflects a significant increase in Scope 1 emissions compared to previous years, with 2021 figures showing Scope 1 emissions at about 79,477,000 kg CO2e (combined Scope 1 and 2) and Scope 2 emissions at approximately 112,777,000 kg CO2e. Looking ahead to 2024, Iceland Groceries anticipates a rise in Scope 1 emissions to about 162,520,000 kg CO2e, while Scope 2 emissions are projected to be zero, indicating a potential shift in energy sourcing or operational changes. Despite these figures, Iceland Groceries has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). The absence of defined climate pledges suggests a need for further commitment to sustainability and emissions reduction within the grocery sector. Overall, Iceland Groceries' emissions profile highlights the importance of addressing both direct and indirect emissions to meet future climate goals.
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Add to project| 2021 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 79,477,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 112,777,000 | 000,000,000 | - |
| Scope 3 | 4,348,541,000 | - | - |
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.
Iceland Groceries is not committed to any reduction initiatives 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.
