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Wholesale Trade
CZ
updated 6 months ago

Penny Market s.r.o.

Company website

Penny Market s.r.o., a prominent player in the retail industry, is headquartered in the Czech Republic (CZ) and operates extensively across Central and Eastern Europe. Founded in 1996, the company has established itself as a leading discount supermarket chain, focusing on providing high-quality products at competitive prices. Penny Market offers a diverse range of grocery items, including fresh produce, dairy, and household essentials, with a commitment to local sourcing and sustainability. This dedication to quality and value has positioned Penny Market as a trusted choice for consumers seeking affordability without compromising on quality. With a strong market presence and a growing number of stores, Penny Market continues to achieve significant milestones, reinforcing its reputation as a key player in the retail sector.

DitchCarbon Score

How does Penny Market s.r.o.'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.

26

Industry Average

Mean score of companies in the Wholesale Trade 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.

24

Industry Benchmark

Penny Market s.r.o.'s score of 26 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.

58%

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Penny Market s.r.o.'s reported carbon emissions

Inherited from REWE-ZENTRALFINANZ eG

Penny Market s.r.o., headquartered in the Czech Republic (CZ), currently does not have specific carbon emissions data available for recent years. The company is a current subsidiary of REWE-ZENTRALFINANZ eG, which may influence its climate commitments and performance metrics. While there are no documented reduction targets or specific emissions figures, Penny Market s.r.o. is aligned with the sustainability initiatives of its parent organisation, REWE-ZENTRALFINANZ eG. This includes participation in the Science Based Targets initiative (SBTi), which aims to set ambitious emissions reduction targets based on climate science. As a subsidiary, Penny Market s.r.o. may benefit from the broader sustainability strategies and performance metrics established by REWE-ZENTRALFINANZ eG, although specific details on these initiatives are not disclosed. The company is expected to adhere to industry standards for climate action, focusing on reducing its carbon footprint in alignment with its parent company's commitments. In summary, while specific emissions data and reduction targets for Penny Market s.r.o. are not available, its affiliation with REWE-ZENTRALFINANZ eG suggests a commitment to sustainability and climate action within the retail sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20062016201720182019202020212022
Scope 1
760,214,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
1,343,056,000
0,000,000,000
0,000,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
270,607,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Penny Market s.r.o.'s primary industry is Wholesale trade and commission trade services, except of motor vehicles and motorcycles (51), which is very 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. This request for Penny Market s.r.o. is in CZ, which has a very high grid carbon intensity relative to other regions.

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.

Penny Market s.r.o. is not participating in any of the initiatives that 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
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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