Lojas Renner Sustainability Profile
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.
DitchCarbon Score
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.
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
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.
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Lojas Renner's reported carbon emissions
In 2023, Lojas Renner S.A. 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. The company has set ambitious climate commitments, aiming for a 46.2% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2019 baseline. Additionally, Lojas Renner is committed to achieving a 90% reduction in absolute Scope 1 and 2 emissions by 2050. The company has also pledged to reduce Scope 3 emissions from purchased goods and services by 55% per product by 2030, with a long-term goal of a 90% reduction by 2050. Lojas Renner has submitted its targets to the Science Based Targets initiative (SBTi) and is on track to meet its near-term goals. Furthermore, the retailer is committed to sourcing 100% renewable electricity through 2030. Lojas Renner's overall strategy includes a net-zero target by 2050, reflecting its commitment to sustainability and climate action across all scopes of emissions. The company’s emissions data is not cascaded from any parent organization, indicating that these figures are independently reported.
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| 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 | 0,000,000 | 0,000,000 | 0,000,000 | - | 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 |
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Lojas Renner's Scope 3 Categories Breakdown
Lojas Renner's Scope 3 emissions, which decreased by 2% last year and increased significantly since 2017, 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 "Purchased Goods and Services" being the primary emissions source at 85% of Scope 3 emissions.
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Lojas Renner'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.
Lojas Renner 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.
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Frequently Asked Questions
Common questions about Lojas Renner's sustainability data and climate commitments