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 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Migros Group, headquartered in Switzerland, has set ambitious climate commitments to address its greenhouse gas emissions. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets. Migros aims to achieve net-zero greenhouse gas emissions across its entire value chain by 2050. To support this goal, the company has committed to reducing absolute Scope 1 and 2 GHG emissions by approximately 70.64% by 2030, using 2019 as the base year. Furthermore, it plans to cut Scope 3 emissions from the use of sold products for fossil fuels by about 46.2% and from upstream transportation and distribution by approximately 27.5% within the same timeframe. For long-term targets, Migros has pledged to reduce absolute Scope 1, 2, and 3 emissions by 90% by 2050, again from a 2019 baseline. Additionally, the company is focused on ensuring that 67% of its suppliers, based on emissions from purchased goods and services, will have science-based targets by 2026. Migros's commitments are aligned with the Science Based Targets initiative (SBTi) and reflect a strong dedication to sustainable practices and climate action within the retail sector.
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.
Migros has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
