Mr Price Group Limited Sustainability Profile
Mr Price Group Limited, commonly referred to as Mr Price, is a prominent South African retail company headquartered in Durban, KwaZulu-Natal (ZA). Founded in 1985, the group has established itself as a leader in the value retail sector, primarily operating in clothing, homeware, and sports merchandise. With a strong presence across Southern Africa, Mr Price is renowned for its unique business model that focuses on offering quality products at competitive prices. The company’s core offerings include fashion apparel, home textiles, and sporting goods, all designed to cater to a diverse customer base. Notable achievements include consistent growth in market share and a reputation for innovation in retail practices. Mr Price Group continues to thrive in the competitive retail landscape, making it a key player in the industry.
DitchCarbon Score
How does Mr Price Group Limited'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.
Industry Average
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.
Industry Benchmark
Mr Price Group Limited's score of 36 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mr Price Group Limited's reported carbon emissions
In 2024, Mr Price Group Limited reported total carbon emissions of approximately 736,590,000 kg CO2e. This figure includes 4,044,000 kg CO2e from Scope 1 emissions, 101,033,000 kg CO2e from Scope 2 emissions, and a significant 631,513,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions encompass various categories, including 8,209,670 kg CO2e from business travel and 36,627,750 kg CO2e from employee commuting. Comparatively, in 2023, the company recorded total emissions of about 753,532,000 kg CO2e, with Scope 1 emissions at 2,932,000 kg CO2e, Scope 2 at 102,692,000 kg CO2e, and Scope 3 at 647,908,000 kg CO2e. This indicates a reduction in total emissions from 2023 to 2024. Mr Price Group has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is self-reported and does not cascade from any parent organization, ensuring that the figures reflect the company's direct impact. The company continues to monitor and disclose its emissions, contributing to transparency in its climate commitments.
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| 2011 | 2012 | 2013 | 2014 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 452,996,730 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 6,027,822,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 237,000 | 000,000 | 000,000 | 000,000 | - | - | - | 000,000,000 | 000,000,000 |
How Carbon Intensive is Mr Price Group Limited's Industry?
How Carbon Intensive is Mr Price Group Limited's Location?
Mr Price Group Limited's Scope 3 Categories Breakdown
Mr Price Group Limited's Scope 3 emissions, which decreased by 3% last year and increased significantly since 2011, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 65% of Scope 3 emissions.
Top Scope 3 Categories
Mr Price Group Limited's Climate Goals (2030 & 2050)
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.
Mr Price Group Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
