Mr Price Group Limited, commonly known as Mr Price, is a prominent South African retail company headquartered in Durban, KwaZulu-Natal (ZA). Founded in 1985, the company has established itself as a leader in the value retail sector, primarily focusing on apparel, homeware, and sports merchandise. With a strong presence across Southern Africa, Mr Price operates numerous stores that cater to a diverse customer base seeking quality products at affordable prices. The brand is renowned for its unique approach to fashion and home goods, offering trendy items that resonate with budget-conscious consumers. Over the years, Mr Price has achieved significant milestones, including expanding its footprint into various African markets and embracing e-commerce to enhance customer accessibility. As a key player in the retail industry, Mr Price continues to innovate and adapt, solidifying its market position as a go-to destination for stylish, value-driven shopping.
How does Mr Price'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.
Mr Price's score of 6 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Mr Price reported total carbon emissions of approximately 105,624,000 kg CO2e, reflecting an increase from about 97,332,000 kg CO2e in 2022. The emissions reported fall under Scope 1 and 2, which encompass direct emissions from owned or controlled sources and indirect emissions from the generation of purchased electricity, respectively. Over the past few years, Mr Price's emissions have fluctuated, with 2021 emissions recorded at about 101,487,000 kg CO2e and 2020 at approximately 115,820,000 kg CO2e. Despite these figures, there are currently no publicly disclosed reduction targets or climate pledges from the company, indicating a potential area for improvement in their climate commitments. As a retailer headquartered in South Africa (ZA), Mr Price operates within an industry increasingly focused on sustainability and carbon footprint reduction. The absence of specific reduction initiatives or targets suggests that Mr Price may need to enhance its climate strategy to align with global sustainability trends and expectations.
Access structured emissions data, company-specific emission factors, and source documents
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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.
Mr Price is not committed to any reduction initiatives 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.