Public Profile

Parkson Retail Asia Limited

Parkson Retail Asia Limited, headquartered in Singapore, is a prominent player in the retail industry, specialising in department store operations across Southeast Asia. Founded in 1987, the company has established a strong presence in key markets, including Malaysia, Vietnam, and Indonesia, offering a diverse range of products that cater to various consumer needs. With a focus on fashion, beauty, home goods, and lifestyle products, Parkson distinguishes itself through its commitment to quality and customer experience. The company has achieved significant milestones, including the expansion of its store network and the introduction of exclusive brands, solidifying its market position as a leading retail destination. Parkson Retail Asia Limited continues to innovate and adapt, ensuring it remains a vital part of the retail landscape in the region.

DitchCarbon Score

How does Parkson Retail Asia 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.

30

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.

4

Industry Benchmark

Parkson Retail Asia Limited's score of 30 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

88%

Parkson Retail Asia Limited's reported carbon emissions

In 2023, Parkson Retail Asia Limited reported total carbon emissions of approximately 181,606,000 kg CO2e, comprising 4,063,000 kg CO2e from Scope 1, 177,543,000 kg CO2e from Scope 2, and 181,606,000 kg CO2e from Scope 3 emissions. This represents a slight increase in Scope 2 emissions compared to 2022, where total emissions were about 172,951,000 kg CO2e, with Scope 1 at 5,095,000 kg CO2e and Scope 2 at 167,856,000 kg CO2e. Over the past three years, Parkson has made notable reductions in its Scope 1 and Scope 2 emissions, decreasing from 6,939,000 kg CO2e and 173,311,000 kg CO2e in 2021 to the aforementioned figures in 2023. However, there are no specific reduction targets or climate pledges disclosed, indicating a potential area for improvement in their climate commitments. The company’s emissions intensity, measured in tCO2e per square meter, has varied slightly, with values of 108.0 in 2021, 103.0 in 2022, and 112.0 in 2023. This fluctuation suggests ongoing challenges in managing emissions effectively across their operations. Overall, while Parkson Retail Asia Limited has demonstrated some progress in reducing emissions, the absence of formal reduction targets highlights the need for a more structured approach to climate action.

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202120222023
Scope 1
6,939,000
0,000,000
0,000,000
Scope 2
173,311,000
000,000,000
000,000,000
Scope 3
180,250,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Parkson Retail Asia Limited's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Parkson Retail Asia Limited is headquartered in SG, which has a rank of low, indicating low grid carbon 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.

Parkson Retail Asia Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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