Parkson Retail Asia Limited Sustainability Profile
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.
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
Parkson Retail Asia Limited's score of 35 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Parkson Retail Asia Limited's reported carbon emissions
In 2023, Parkson Retail Asia Limited reported total carbon emissions of approximately 181.6 million kg CO2e. This figure comprises about 4.1 million kg CO2e from Scope 1 emissions and approximately 177.5 million kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2022, the total emissions were about 172.9 million kg CO2e, with Scope 1 emissions at approximately 5.1 million kg CO2e and Scope 2 emissions at around 167.9 million kg CO2e. In 2021, the total emissions were approximately 180.3 million kg CO2e, consisting of about 6.9 million kg CO2e from Scope 1 and approximately 173.3 million kg CO2e from Scope 2. Despite these figures, Parkson Retail Asia Limited has not set any specific reduction targets or climate pledges, nor have they reported any initiatives under the Science Based Targets initiative (SBTi). The emissions data is cascaded from their parent company, Parkson Holdings Berhad, reflecting their current subsidiary relationship. Overall, while Parkson Retail Asia Limited has made strides in tracking their emissions, the absence of reduction commitments highlights an area for potential improvement in their climate strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 6,939,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 173,311,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Parkson Retail Asia Limited's Industry?
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Parkson Retail Asia 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.
Parkson Retail Asia 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.
