Selfridges & Co. Limited Sustainability Profile
Selfridges & Co. Limited, commonly known as Selfridges, is a prestigious British department store chain headquartered in London, GB. Founded in 1909 by Harry Gordon Selfridge, the company has become a cornerstone of the retail industry, renowned for its innovative approach to shopping and customer experience. Operating primarily in the UK, Selfridges offers a diverse range of products, including luxury fashion, beauty, homeware, and gourmet food. Its unique selling proposition lies in its commitment to exceptional service and a curated selection of high-end brands. Selfridges has consistently maintained a strong market position, celebrated for its iconic flagship store on Oxford Street and its pioneering initiatives in sustainability and retail technology. With a rich history and a focus on quality, Selfridges continues to set trends in the retail landscape.
DitchCarbon Score
How does Selfridges & Co. Limited'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
Selfridges & Co. Limited's score of 33 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Selfridges & Co. Limited's reported carbon emissions
Selfridges & Co. Limited, headquartered in Great Britain, has set ambitious climate commitments to address its carbon emissions. Although specific emissions data for the most recent year is not available, the company has established significant reduction targets. Selfridges commits to reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 64% by 2030, using 2018 as the base year. Additionally, it aims to cut absolute Scope 3 emissions from purchased goods and services by 30% by the same year. In a further commitment to sustainability, Selfridges plans for 10% of its suppliers, covering logistics and capital goods, to have Science-Based Targets by 2024. More recently, the company has updated its targets, committing to a 50.4% reduction in absolute Scope 1 and 2 GHG emissions by FY2030, while also aiming for 70% of its suppliers to have science-based targets by FY2029. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Selfridges has also signed the Amazon Climate Pledge, reinforcing its commitment to climate action. The emissions data and targets are cascaded from Selfridges & Co. Limited, reflecting its corporate responsibility in the retail sector.
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Selfridges & Co. Limited'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.
Selfridges & Co. Limited 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.
