Migros, officially known as Migros-Genossenschafts-Bund, is a leading Swiss retail company headquartered in Zurich, Switzerland (CH). Founded in 1925, Migros has grown to become a cornerstone of the Swiss grocery industry, operating primarily in the retail and wholesale sectors. The company is renowned for its diverse range of products, including groceries, household goods, and personal care items, with a strong emphasis on quality and sustainability. Migros distinguishes itself through its commitment to local sourcing and ethical practices, making it a preferred choice among consumers. With a significant market share in Switzerland, Migros has achieved notable milestones, including the establishment of its own brands and a robust network of supermarkets and hypermarkets. As a cooperative, it prioritises customer satisfaction and community engagement, solidifying its position as a trusted leader in the Swiss market.
How does Migros'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.
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.
Migros's score of 51 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Migros, headquartered in Switzerland (CH), has set ambitious climate commitments to address its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets. Migros Group commits to reducing its absolute Scope 1 and 2 greenhouse gas (GHG) emissions by approximately 70.64% by 2030, using 2019 as the base year. Additionally, it aims to cut its absolute Scope 3 emissions from upstream transportation and distribution, as well as the use of sold goods and investments, by about 27.5% within the same timeframe. Notably, Migros also targets a 46.2% reduction in Scope 3 emissions related to the use of sold fossil fuels by 2030. In the long term, Migros has pledged to achieve net-zero GHG emissions across its entire value chain by 2050. This includes a further reduction of absolute Scope 1 and 2 emissions by 90% and Scope 3 emissions by 90% from the 2019 baseline. Furthermore, the company aims for 67% of its suppliers, based on emissions from purchased goods and services, to have science-based targets by 2026. These commitments are part of Migros's broader strategy to align with the Science Based Targets initiative (SBTi) and contribute to global efforts to limit warming to 1.5°C. The targets encompass biogenic emissions and removals from bioenergy feedstocks, reflecting a comprehensive approach to sustainability.
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.
Migros is participating in some 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.