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 32 is higher than 55% 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, and a significant 39,377,000 kg CO2e from Scope 3 emissions, which cover indirect emissions from the value chain. Notably, the Scope 1 emissions breakdown reveals that mobile combustion accounted for about 391,900 kg CO2e, while stationary combustion contributed approximately 25,100 kg CO2e. Pague Menos has set ambitious climate commitments, aiming to offset 120% of its annual greenhouse gas emissions for both Scope 1 and Scope 2 by the year 2030. This long-term target, initiated in 2023, reflects the company's dedication to achieving net-zero emissions. The company has not disclosed any Scope 2 emissions data for 2023, but in 2021, it reported Scope 1 emissions of approximately 23,125,600 kg CO2e and Scope 2 emissions of about 8,716,155 kg CO2e. The absence of Scope 3 emissions data for 2021 indicates a focus on direct emissions and energy consumption. Pague Menos's climate initiatives are not cascaded from a parent organisation, as it operates independently in this regard. The company's commitment to sustainability and emissions reduction aligns with industry standards, demonstrating a proactive approach to addressing climate change.
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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?
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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.
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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.
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