Schwarz Gruppe Sustainability Profile
Schwarz Gruppe, headquartered in Germany, is a leading player in the retail and wholesale industry, primarily known for its supermarket chains Lidl and Kaufland. Founded in 1930, the company has evolved significantly, establishing a strong presence across Europe and beyond, with operations in over 30 countries. The Schwarz Gruppe excels in providing high-quality products at competitive prices, focusing on grocery retail, logistics, and real estate. Its unique approach to supply chain management and commitment to sustainability set it apart in the market. With a robust market position, the company has achieved notable milestones, including being one of the largest retailers in Europe by revenue. Through innovation and customer-centric strategies, Schwarz Gruppe continues to shape the future of retail.
DitchCarbon Score
How does Schwarz Gruppe'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 Retail Trade 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
Schwarz Gruppe's score of 25 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Schwarz Gruppe's reported carbon emissions
As of the latest available data, Schwarz Gruppe has not disclosed specific carbon emissions figures. However, the company has set ambitious climate commitments to address its greenhouse gas emissions. Schwarz Gruppe aims to reduce its absolute Scope 1 and Scope 2 greenhouse gas emissions by 55% by FY2030, using FY2019 as the baseline. Additionally, the company has committed to ensuring that 78% of its suppliers, based on emissions from purchased goods and services, will have science-based targets by FY2026. Furthermore, Schwarz Gruppe plans to reduce its absolute Scope 3 emissions from the use of sold products, specifically covering sold fuels, by 27.5% by FY2030 from the same FY2019 baseline. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. The target boundaries include biogenic emissions and removals from bioenergy feedstocks. Overall, while specific emissions data is currently unavailable, Schwarz Gruppe's commitments reflect a proactive approach to climate action within the retail sector.
How Carbon Intensive is Schwarz Gruppe's Industry?
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Schwarz Gruppe'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.
Schwarz Gruppe has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Schwarz Gruppe's sustainability data and climate commitments
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