Migros

Migros, a Swiss retail trade services company, reported its latest carbon emissions for 2024. The company's total emissions for 2024 were approximately 15.43 billion kg CO2e. This included Scope 1 emissions of approximately 138.8 million kg CO2e, Scope 2 market-based emissions of approximately 5.5 million kg CO2e, and Scope 3 emissions of approximately 15.28 billion kg CO2e. Key contributors to Scope 3 emissions were purchased goods and services (approximately 11.12 billion kg CO2e) and use of sold products (approximately 2.73 billion kg CO2e).

Looking back, Migros's Scope 1 emissions were about 144.1 million kg CO2e in 2023, 151.6 million kg CO2e in 2022, 159.2 million kg CO2e in 2021, and 161.2 million kg CO2e in 2020. Scope 2 market-based emissions were around 7.2 million kg CO2e in 2023, 4.4 million kg CO2e in 2022, 4.6 million kg CO2e in 2021, and 147.9 million kg CO2e in 2020. In 2019, Migros reported total emissions of approximately 16.69 billion kg CO2e, with Scope 1 at about 168.3 million kg CO2e, Scope 2 market-based at approximately 161.9 million kg CO2e, and Scope 3 at around 16.36 billion kg CO2e.

Migros Group is committed to ambitious climate action, with Science Based Targets initiative (SBTi) approved targets. The company aims to achieve net-zero greenhouse gas emissions across its value chain by 2050.

For near-term goals, Migros Group commits to reducing absolute Scope 1 and 2 GHG emissions by 70.64% by 2030, from a 2019 base year. This target boundary includes biogenic emissions and removals from bioenergy feedstocks. The company also pledges to reduce absolute Scope 3 GHG emissions from the use of sold products for sold fossil fuels by 46.2% by 2030, and from upstream transportation and distribution by 27.5% within the same timeframe, all from a 2019 base year. Furthermore, Migros Group aims for 67% of its suppliers, by emissions covering purchased goods and services, to have science-based targets by 2026. Separately, the company commits to reduce absolute Scope 3 FLAG (Forest, Land and Agriculture) GHG emissions by 33.3% by 2030 from a 2019 base year, and to achieve no deforestation across its primary deforestation-linked commodities by 31 December 2025.

For long-term goals, Migros Group commits to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2050 from a 2019 base year, and absolute Scope 3 GHG emissions by 90% within the same timeframe. The company also targets a 72% reduction in absolute Scope 3 FLAG GHG emissions by 2050 from a 2019 base year.