PriceSmart, Inc., a leading membership-based warehouse club, is headquartered in the United States and operates primarily in Central America and the Caribbean. Founded in 1996, PriceSmart has established itself as a key player in the retail industry, offering a diverse range of products including groceries, electronics, and household goods. What sets PriceSmart apart is its commitment to providing high-quality products at competitive prices, catering to both individual consumers and businesses. The company has achieved significant milestones, including expanding its footprint to numerous locations across the region, solidifying its market position as a trusted retailer. With a focus on value and customer satisfaction, PriceSmart continues to thrive in the dynamic retail landscape.
How does PriceSmart'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.
Mean score of companies in the Business 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.
PriceSmart's score of 25 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, PriceSmart reported total carbon emissions of approximately 74,285,000 kg CO2e from Scope 1 and 50,395,000 kg CO2e from Scope 2, amounting to a combined total of about 124,680,000 kg CO2e. The majority of these emissions stemmed from fugitive emissions within Scope 1, which accounted for approximately 69,999,000 kg CO2e. Despite the significant emissions figures, PriceSmart has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments or science-based targets suggests that the company may be in the early stages of developing a comprehensive climate strategy. As a leading retailer headquartered in the US, PriceSmart's emissions profile reflects the broader industry context, where many companies are increasingly prioritising sustainability and carbon reduction. However, without specific commitments or targets, it remains to be seen how PriceSmart will address its climate impact moving forward.
Access structured emissions data, company-specific emission factors, and source documents
2022 | |
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Scope 1 | 74,285,000 |
Scope 2 | 50,395,000 |
Scope 3 | - |
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.
PriceSmart 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.