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 34 is higher than 71% 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 aimed at achieving net-zero greenhouse gas emissions across its value chain by 2050. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets based on a 2019 baseline. Migros aims to reduce its absolute Scope 1 and 2 greenhouse gas emissions by approximately 70.64% by 2030. Additionally, it has committed to a 90% reduction in these emissions by 2050. For Scope 3 emissions, which include indirect emissions from the use of sold products and upstream transportation, Migros targets a reduction of about 46.2% and 27.5% by 2030, with a long-term goal of 90% by 2050. Furthermore, Migros has pledged that 67% of its suppliers, measured by emissions from purchased goods and services, will have science-based targets by 2026. The company also commits to reducing its Scope 3 FLAG (Forest, Land Use, and Agriculture) emissions by 33.3% by 2030 and 72% by 2050, alongside a commitment to no deforestation in its supply chain by the end of 2025. These targets align with the Science Based Targets initiative (SBTi) and reflect Migros's commitment to addressing climate change and reducing its carbon footprint in the retail sector.
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.