Rite Aid Corporation, commonly known as Rite Aid, is a prominent player in the retail pharmacy industry, headquartered in the United States. Founded in 1962, the company has established a significant presence across various regions, particularly in the Northeast, Mid-Atlantic, and Pacific Northwest. Rite Aid operates over 2,400 stores, offering a wide range of products and services, including prescription medications, health and wellness products, and personal care items. Rite Aid distinguishes itself through its commitment to community health, providing unique services such as immunisations and health screenings. The company has achieved notable milestones, including its transformation into a leading pharmacy services provider. With a focus on customer care and innovative health solutions, Rite Aid continues to strengthen its market position, making it a trusted choice for millions of customers seeking comprehensive pharmacy services.
How does Rite Aid'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 Medical Device Manufacturing 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.
Rite Aid's score of 27 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of 2022, Rite Aid has not disclosed specific carbon emissions data, including Scope 1, 2, or 3 emissions. The company reported a revenue of approximately $24.57 billion but did not provide absolute emissions figures for that year. In 2021, Rite Aid's revenue was about $24.04 billion, yet again, no emissions data was disclosed. Rite Aid has not established any formal reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). This lack of specific emissions data and reduction commitments places Rite Aid in a challenging position within the industry, where transparency and accountability regarding carbon emissions are increasingly expected. Overall, Rite Aid's climate commitments remain vague, and further disclosures would be necessary to assess their environmental impact and sustainability efforts effectively.
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.
Rite Aid 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.