Lojas Renner S.A., commonly known as Renner, is a prominent Brazilian retail company headquartered in Porto Alegre, Brazil. Founded in 1912, Renner has established itself as a leader in the fashion retail industry, operating over 600 stores across major regions in Brazil. The company offers a diverse range of products, including clothing, footwear, and accessories for men, women, and children, distinguished by their commitment to quality and contemporary design. Renner's unique approach to fashion retail combines affordability with style, catering to a broad customer base. The company has achieved significant milestones, including its successful public listing in 2017, which has further solidified its market position. With a focus on sustainability and innovation, Lojas Renner continues to be a key player in the Brazilian retail landscape, recognised for its customer-centric strategies and strong brand presence.
How does Lojas Renner'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.
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.
Lojas Renner's score of 72 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Lojas Renner reported significant carbon emissions, with Scope 1 emissions at approximately 4,579,500 kg CO2e, Scope 2 emissions at about 8,933,200 kg CO2e, and Scope 3 emissions reaching approximately 334,188,300 kg CO2e. This data highlights the company's substantial carbon footprint, particularly in its supply chain. Lojas Renner has set ambitious climate commitments, aiming for a 46.2% reduction in absolute Scope 1 and 2 emissions by 2030, using 2019 as the baseline year. Additionally, the company is committed to achieving a 90% reduction in these emissions by 2050. For Scope 3 emissions, Lojas Renner targets a 55% reduction per product purchased by 2030 and a 90% reduction by 2050. The company has also pledged to reach net-zero greenhouse gas emissions across its entire value chain by 2050. This commitment was submitted to the Science Based Targets initiative (SBTi) in December 2023, indicating a long-term strategy for sustainability. Overall, Lojas Renner's climate strategy reflects a proactive approach to reducing its carbon emissions and addressing climate change, aligning with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|
Scope 1 | 5,632,800 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 2 | 17,883,200 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 20,401,500 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Lojas Renner 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.