Massmart Holdings Sustainability Profile
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 44 is higher than 66% 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, headquartered in South Africa (ZA), reported significant carbon emissions totalling approximately 480,264,000 kg CO2e. This figure includes about 43,999,000 kg CO2e from Scope 1 emissions and approximately 436,265,000 kg CO2e from Scope 2 emissions. Notably, there is no reported data for Scope 3 emissions. Massmart's emissions intensity for Scope 2 was reported at about 5,040 kg CO2e per million ZAR in revenue. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments, nor does it appear to have cascaded any Science-Based Targets Initiative (SBTi) targets from its parent company, Walmart Inc. As a current subsidiary of Walmart Inc., Massmart's climate strategies may align with broader corporate initiatives, although specific targets or pledges from Walmart have not been detailed in the provided data. Overall, while Massmart has made strides in emissions reporting, further commitments and reduction strategies remain unspecified.
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| 2020 | |
|---|---|
| Scope 1 | 43,999,000 |
| Scope 2 | 436,265,000 |
| Scope 3 | - |
How Carbon Intensive is Massmart Holdings's Industry?
How Carbon Intensive is Massmart Holdings's Location?
Massmart Holdings'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.
Massmart Holdings has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
