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 16 is lower than 89% 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 report any specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. Furthermore, there are no documented reduction targets or climate pledges associated with the company. As of now, PT Matahari Department Store Tbk does not inherit emissions data from any parent or related organizations, nor does it have any commitments to initiatives such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP). In the context of the retail industry, it is essential for companies to establish clear climate commitments and reduction targets to align with global sustainability goals. However, without specific data or commitments, it is challenging to assess PT Matahari Department Store Tbk's position in this regard.
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 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.