PriceSmart Sustainability Profile
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 53% 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, headquartered in the US, reported total carbon emissions of approximately 74,285,000 kg CO2e for Scope 1 and about 50,395,000 kg CO2e for Scope 2. This data reflects the company's direct and indirect emissions from its operations, with no reported emissions for Scope 3. Despite the absence of specific reduction targets or commitments, PriceSmart is actively engaged in environmental responsibility initiatives. The company has not disclosed any Science-Based Targets Initiative (SBTi) reduction targets or other formal climate pledges. The emissions data is sourced directly from PriceSmart, Inc., indicating that it is not cascaded from a parent or related organization. As the company continues to navigate its environmental impact, it remains crucial for PriceSmart to establish clear reduction goals to align with industry standards and enhance its sustainability efforts.
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| 2022 | |
|---|---|
| Scope 1 | 74,285,000 |
| Scope 2 | 50,395,000 |
| Scope 3 | - |
How Carbon Intensive is PriceSmart's Industry?
How Carbon Intensive is PriceSmart's Location?
PriceSmart'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.
PriceSmart 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.
