Jeronimo Martins

Jeronimo Martins's reported carbon emissions

In 2024, Jerónimo Martins reported total carbon emissions of approximately 33.1 billion kg CO2e, comprising 203,619,000 kg CO2e from Scope 1, 578,991,000 kg CO2e from Scope 2, and 32,763,786,000 kg CO2e from Scope 3 emissions. This reflects a commitment to reducing their carbon footprint significantly across all scopes. The company has set ambitious targets, aiming for a 55% reduction in absolute Scope 1 and 2 emissions by 2033, using 2021 as the baseline year. Additionally, they plan to reduce Scope 3 emissions from purchased goods and services and the use of sold products by 33% by the same year. Long-term goals include achieving net-zero greenhouse gas emissions across the value chain by 2050, with a 90% reduction in Scope 1 and 2 emissions by 2045. Jerónimo Martins has successfully exceeded its previous goal of reducing Scope 1 and 2 emissions by at least 40% per 1,000 euros in sales by the end of 2023, achieving a 60% reduction instead. Their dairy business, Terra Alegre, also earned a Lean & Green star after a 23.4% reduction in emissions between 2022 and 2023. The company’s climate commitments are aligned with the Science-Based Targets Initiative (SBTi), which has approved their near and long-term targets. Jerónimo Martins is also committed to no deforestation across its primary deforestation-linked commodities by December 31, 2025. This data is cascaded from their parent organization, Jerónimo Martins, SGPS, S.A., reflecting a comprehensive approach to sustainability and climate action within the food and staples retailing sector.