Parkson Retail Group Limited Sustainability Profile
Parkson Retail Group Limited, a prominent player in the retail industry, is headquartered in China (CN) and operates extensively across various regions in Asia. Founded in 1994, the company has established itself as a leading department store operator, focusing on providing a diverse range of products, including fashion, cosmetics, and household goods. With a commitment to quality and customer experience, Parkson differentiates itself through its unique blend of international and local brands, catering to the evolving preferences of consumers. Over the years, the company has achieved significant milestones, solidifying its market position as a trusted retail destination. Parkson's innovative approach and strategic expansion have contributed to its reputation as a key player in the competitive retail landscape.
DitchCarbon Score
How does Parkson Retail Group 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 Group Limited's score of 29 is higher than 50% 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 Group Limited's reported carbon emissions
In 2023, Parkson Retail Group Limited reported total carbon emissions of approximately 181,606,000 kg CO2e. This figure includes 4,063,000 kg CO2e from Scope 1 emissions and 177,543,000 kg CO2e from Scope 2 emissions. The company has shown a slight increase in total emissions compared to 2022, when 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. In 2021, total emissions were approximately 180,250,000 kg CO2e, with Scope 1 emissions at 6,939,000 kg CO2e and Scope 2 at 173,311,000 kg CO2e. Parkson Retail Group Limited does not currently disclose any Scope 3 emissions data. Additionally, there are no specific reduction targets or climate pledges reported, indicating a potential area for improvement in their climate strategy. The emissions data is cascaded from Parkson Holdings Berhad, reflecting the company's current subsidiary relationship within the corporate family. Overall, while Parkson Retail Group Limited has made strides in emissions reporting, the absence of reduction initiatives and targets suggests a need for enhanced climate commitments moving forward.
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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 | - | - | - |
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Parkson Retail Group 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 Group 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.
