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Sheng Siong, officially known as Sheng Siong Group Ltd, is a prominent retail trade service provider headquartered in Singapore. Established in 1985, the company has grown to become a leading supermarket chain across Singapore and Malaysia, specialising in retailing groceries, household goods, and daily essentials. Its extensive network of stores offers a wide range of products, including fresh produce, packaged foods, and household items, distinguished by competitive pricing and a focus on quality.
As a key player in the retail trade services sector, Sheng Siong has achieved notable milestones, including expanding its footprint and maintaining a strong market position in Singapore’s competitive retail landscape. The company’s commitment to customer service and product variety has cemented its reputation as a trusted name in the retail industry, making it a vital part of everyday life for many consumers.
-16 vs industry average
Sheng Siong’s score of 20 is lower than 27% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Retail Trade Services has below-average carbon intensity
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Scope 3 accounts for ••• of total emissions.
Sheng Siong, an SG-based retailer operating in the "Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52)" sector, reported total emissions of approximately 77,092,000 kg CO2e in 2023. This figure encompasses Scope 1 and Scope 2 emissions.
In 2023, Scope 1 emissions accounted for approximately 40,652,000 kg CO2e, primarily driven by fugitive emissions (37,474,000 kg CO2e) and mobile combustion (3,178,000 kg CO2e). Scope 2 emissions, stemming from purchased electricity, were approximately 36,439,000 kg CO2e.
For 2022, Sheng Siong's combined Scope 1 and Scope 2 emissions were approximately 70,869,000 kg CO2e. Scope 1 emissions were around 35,454,000 kg CO2e (with fugitive emissions at 32,321,000 kg CO2e and mobile combustion at 3,133,000 kg CO2e), and Scope 2 emissions from purchased electricity totalled approximately 35,415,000 kg CO2e.
In 2021, Scope 1 and Scope 2 emissions amounted to approximately 62,935,000 kg CO2e. Scope 1 emissions were roughly 29,114,000 kg CO2e (comprising fugitive emissions of 26,026,000 kg CO2e and mobile combustion of 3,088,000 kg CO2e), while Scope 2 emissions from purchased electricity were approximately 33,820,000 kg CO2e.
Sheng Siong has established climate commitments, aiming to reduce its Scope 1 emissions by 30% from 2021 levels by 2030 and its Scope 2 emissions by 25% from 2021 levels by 2030. These targets are absolute reduction goals for the near term.
For 2020, total Scope 1 and Scope 2 emissions were approximately 72,986,000 kg CO2e, with Scope 1 emissions at about 41,482,000 kg CO2e and Scope 2 emissions at roughly 31,504,000 kg CO2e. In 2019, reported Scope 1 and Scope 2 emissions were approximately 63,000 kg CO2e. Sheng Siong's 2018 Scope 1 and 2 emissions were approximately 695,000 kg CO2e.
No Scope 3 emissions data has been publicly disclosed for the reported years. Sheng Siong's sustainability reporting also indicates greenhouse gas emissions intensity per unit of revenue. In 2024, this intensity was 0.065 kg CO2e per USD. In 2023, the intensity was 0.056 kg CO2e per USD, and in 2022, it was 0.053 kg CO2e per USD. For 2021, the intensity was 0.046 kg CO2e per USD, and for 2020, it was 0.052 kg CO2e per USD.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
No scope 3 category breakdown has been disclosed yet.


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