PriceSmart
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
PriceSmart's score of 27 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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PriceSmart's reported carbon emissions
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. The majority of Scope 1 emissions, about 69,999,000 kg CO2e, were attributed to fugitive emissions. PriceSmart has not disclosed any Scope 3 emissions data. Despite the significant emissions figures, there are currently no specific reduction targets or initiatives outlined in their climate commitments. The company has not made any pledges to the Science Based Targets initiative (SBTi) or similar frameworks, indicating a potential area for future development in their sustainability strategy. Overall, while PriceSmart's emissions data highlights the scale of their carbon footprint, the absence of defined reduction targets suggests that further action may be necessary to align with industry standards for climate commitments.
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| 2022 | |
|---|---|
| Scope 1 | 74,285,000 |
| Scope 2 | 50,395,000 |
| Scope 3 | - |
Industry emissions intensity
Location emissions 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.
PriceSmart 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.
