Ntuc Fairprice
NTUC FairPrice, officially known as NTUC FairPrice Co-operative Limited, is a leading supermarket chain headquartered in Singapore (SG). Established in 1973, it has grown to become a cornerstone of the retail industry, serving millions of customers across the island. With a strong presence in various operational regions, FairPrice operates numerous outlets, including hypermarkets, supermarkets, and convenience stores. The company is renowned for its commitment to providing quality products at affordable prices, offering a diverse range of groceries, fresh produce, and household essentials. NTUC FairPrice distinguishes itself through its focus on community welfare and sustainability initiatives, making it a trusted choice for consumers. As a market leader, it has received numerous accolades for its customer service and innovation, solidifying its position as a key player in Singapore's retail landscape.
DitchCarbon Score
How does Ntuc Fairprice'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
Ntuc Fairprice's score of 19 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ntuc Fairprice's reported carbon emissions
In 2023, NTUC Fairprice Co-operative Limited reported total carbon emissions of approximately 83,700,000 kg CO2e for Scope 1 and 95,700,000 kg CO2e for Scope 2. This marks a significant increase in emissions compared to 2022, where emissions were about 71,371,000 kg CO2e for Scope 1 and 109,355,000 kg CO2e for Scope 2. The data indicates that the majority of emissions stem from Scope 2, primarily due to purchased electricity. NTUC Fairprice has not disclosed any Scope 3 emissions data, which typically encompasses indirect emissions from the supply chain and product use. Furthermore, there are currently no specific reduction targets or climate pledges outlined in their sustainability initiatives. The emissions data is cascaded from NTUC Fairprice Co-operative Limited, reflecting their commitment to transparency in reporting. As a current subsidiary, NTUC Fairprice is part of a broader corporate family that may influence its sustainability practices. Overall, while NTUC Fairprice has made strides in emissions reporting, the absence of reduction targets highlights an area for potential improvement in their climate commitments.
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| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 6,610,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 170,583,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Ntuc Fairprice is not participating in any 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.
