Massmart Holdings
Massmart Holdings, a prominent retail and wholesale company headquartered in South Africa (ZA), has established itself as a key player in the retail industry since its founding in 1990. Operating primarily in Southern Africa, Massmart is renowned for its diverse portfolio, which includes well-known brands such as Game, Makro, and Builders Warehouse. The company focuses on a variety of sectors, including general merchandise, food, and home improvement, offering a unique blend of products that cater to both consumers and businesses. Massmart's commitment to value and quality has solidified its market position, making it a trusted choice for millions of customers. With a strong emphasis on innovation and customer service, Massmart continues to achieve significant milestones, reinforcing its status as a leader in the retail landscape.
DitchCarbon Score
How does Massmart Holdings'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
Massmart Holdings's score of 39 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Massmart Holdings's reported carbon emissions
In 2020, Massmart Holdings reported significant carbon emissions, with Scope 1 emissions totalling approximately 43,999,000 kg CO2e and Scope 2 emissions reaching about 436,265,000 kg CO2e. This data highlights the company's ongoing impact on climate change, particularly in its operational activities. Massmart has disclosed emissions data for Scope 1 and Scope 2 but has not provided information on Scope 3 emissions. The company has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The emissions intensity for Scope 2 has varied over the years, with a reported intensity of approximately 5,040 kg CO2e per million ZAR in 2020. This figure reflects the company's emissions relative to its revenue, suggesting a need for further analysis and potential improvement in emissions management. Overall, while Massmart Holdings has made strides in reporting its emissions, the lack of defined reduction targets indicates an opportunity for the company to enhance its climate commitments and contribute more effectively to global sustainability efforts.
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| 2020 | |
|---|---|
| Scope 1 | 43,999,000 |
| Scope 2 | 436,265,000 |
| Scope 3 | - |
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.
Massmart Holdings is not participating in any 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.
