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.
-15 vs industry average
Sheng Siong’s score of 20 is lower than 34% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Sheng Siong's reported carbon emissions
In 2023, Sheng Siong reported total emissions of approximately 77,092,000 kg CO2e, comprising 40,652,000 kg CO2e from Scope 1 and 36,439,000 kg CO2e from Scope 2 emissions. The company has set ambitious reduction targets, aiming to decrease its Scope 1 emissions by 30% and Scope 2 emissions by 25% from 2021 levels by the year 2030. These commitments reflect Sheng Siong's proactive approach to addressing climate change and reducing its carbon footprint. The emissions data is sourced directly from Sheng Siong Group Ltd, with no cascaded data from parent organizations.
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Sheng Siong’s Climate Goals (2030 & 2050)
2 goals2030
30% reduction in Scope 1
We aim to reduce our Scope 1 emissions by 30% from 2021 levels by 2030.
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.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Sheng Siong
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