Sheng Siong Group Ltd, commonly known as Sheng Siong, is a prominent supermarket chain headquartered in Singapore (SG). Established in 1985, the company has grown significantly, operating over 60 outlets across the island, primarily in the central and eastern regions. Specialising in the retail of groceries, Sheng Siong is renowned for its fresh produce, quality meats, and a diverse range of household products, catering to the everyday needs of Singaporean families. With a commitment to affordability and customer satisfaction, Sheng Siong has carved out a strong market position, consistently ranking among the top supermarket chains in Singapore. The company has achieved notable milestones, including its successful listing on the Singapore Exchange in 2011, further solidifying its reputation in the competitive retail landscape.
How does Sheng Siong'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 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.
Sheng Siong's score of 30 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Sheng Siong reported total carbon emissions of approximately 52,855,000 kg CO2e for Scope 1 and about 36,439,000 kg CO2e for Scope 2, resulting in combined emissions of around 74,443,000 kg CO2e. This marks an increase from 2023, where emissions were approximately 38,004,000 kg CO2e for Scope 1 and 35,415,000 kg CO2e for Scope 2, totalling about 68,946,000 kg CO2e. Sheng Siong has set ambitious reduction targets, aiming to decrease Scope 1 emissions by 30% from 2021 levels by 2030 and Scope 2 emissions by 25% from the same baseline. In 2021, Scope 1 emissions were approximately 27,279,000 kg CO2e, and Scope 2 emissions were about 31,504,000 kg CO2e. These commitments reflect the company's dedication to sustainability and reducing its carbon footprint in line with industry standards. Overall, Sheng Siong's emissions intensity has shown a gradual improvement, with a reported intensity of 0.065 kg CO2e per USD revenue in 2024, compared to 0.055 kg CO2e per USD revenue in 2023. The company continues to focus on enhancing its sustainability practices while addressing its carbon emissions effectively.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 39,651,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 5,367,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - | - | - |
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.
Sheng Siong 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.