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Retail Trade Services
ZA
updated 6 days ago

Massmart Holdings

Company website

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.

44

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.

28

Industry Benchmark

Massmart Holdings's score of 44 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

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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
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Massmart Holdings's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Massmart Holdings is in ZA, which has a very high grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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