Pague Menos Sustainability Profile
Pague Menos, officially known as Pague Menos S.A., is a prominent player in the Brazilian retail pharmacy sector, headquartered in Fortaleza, Ceará. Founded in 1981, the company has expanded its operations across various regions in Brazil, establishing a strong presence in the Northeast and beyond. Specialising in pharmaceuticals, health and beauty products, and personal care items, Pague Menos distinguishes itself through its commitment to affordability and customer service. The company has achieved significant milestones, including a robust network of over 1,000 stores, making it one of the largest pharmacy chains in Brazil. With a focus on accessibility and community health, Pague Menos continues to enhance its market position, earning recognition for its innovative approach to retail pharmacy and customer engagement.
DitchCarbon Score
How does Pague Menos'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 Medical Device Manufacturing 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
Pague Menos's score of 20 is lower than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Pague Menos's reported carbon emissions
In 2023, Pague Menos reported total carbon emissions of approximately 42,729,700 kg CO2e. This figure includes 462,600 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources. Notably, the majority of their emissions, about 39,377,000 kg CO2e, fall under Scope 3, which includes indirect emissions from the value chain, such as employee commuting and downstream transportation. Pague Menos has set ambitious climate commitments, aiming to offset 120% of their annual greenhouse gas emissions for both Scope 1 and Scope 2 by 2030. This long-term target reflects their commitment to achieving net-zero emissions, with the initiative starting in 2023. In 2021, the company reported Scope 1 emissions of approximately 23,125,600 kg CO2e and Scope 2 emissions of about 8,716,155 kg CO2e. The data indicates a proactive approach to managing and reducing their carbon footprint, although specific reduction targets for Scope 3 emissions have not been disclosed. Pague Menos's emissions data is sourced from their own reporting and does not cascade from any parent organisation. Their climate initiatives are independently developed, demonstrating a commitment to sustainability within the retail sector in Brazil.
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| 2019 | 2021 | 2023 | |
|---|---|---|---|
| Scope 1 | 5,480,361,000 | 00,000,000 | 000,000 |
| Scope 2 | - | 0,000,000 | - |
| Scope 3 | 1,725,870 | - | 00,000,000 |
How Carbon Intensive is Pague Menos's Industry?
How Carbon Intensive is Pague Menos's Location?
Pague Menos's Scope 3 Categories Breakdown
Pague Menos's Scope 3 emissions, which increased significantly last year and increased significantly since 2019, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Downstream Transportation & Distribution" being the largest emissions source at 54% of Scope 3 emissions.
Top Scope 3 Categories
Pague Menos'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.
Pague Menos 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.
