PT Matahari Department Store Tbk, commonly known as Matahari, is a leading retail company headquartered in Indonesia. Established in 1982, the company has grown to become a prominent player in the department store industry, primarily operating in major urban regions across Indonesia. Matahari offers a diverse range of products, including fashion apparel, beauty products, and home goods, catering to the needs of Indonesian consumers. Its unique blend of quality and affordability has solidified its reputation as a go-to shopping destination. With a strong market presence, Matahari has achieved significant milestones, including the expansion of its store network and the introduction of innovative retail concepts. The company continues to thrive in the competitive retail landscape, making it a key contributor to Indonesia's retail sector.
How does PT Matahari Department Store Tbk'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 Financial Intermediation 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.
PT Matahari Department Store Tbk's score of 14 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
PT Matahari Department Store Tbk, headquartered in Indonesia, currently does not have publicly available data on its carbon emissions, as there are no reported figures for recent years. Additionally, the company has not outlined specific reduction targets or commitments to the Science Based Targets initiative (SBTi) or any climate pledges. In the absence of concrete emissions data, it is essential to note that many companies in the retail sector are increasingly focusing on sustainability and climate action. This includes efforts to reduce carbon footprints across various scopes of emissions, particularly Scope 1 and Scope 2, which pertain to direct emissions from owned or controlled sources and indirect emissions from the generation of purchased energy, respectively. As the industry evolves, PT Matahari Department Store Tbk may consider establishing measurable climate commitments and reduction targets to align with global sustainability trends and enhance its environmental responsibility.
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.
PT Matahari Department Store Tbk 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.