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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, headquartered in Singapore and operating in retail trade services, reported its Scope 1 and 2 emissions for 2023. The company's Scope 1 emissions were 40,652,000 kg CO2e, with mobile combustion accounting for 3,178,000 kg CO2e and fugitive emissions for 37,474,000 kg CO2e. Scope 2 emissions, primarily from purchased electricity, totalled 36,439,000 kg CO2e. This resulted in a combined Scope 1 and 2 total of 77,092,000 kg CO2e for 2023.
In 2022, Sheng Siong's Scope 1 emissions were 35,454,000 kg CO2e, comprising 3,133,000 kg CO2e from mobile combustion and 32,321,000 kg CO2e from fugitive emissions. Scope 2 emissions from purchased electricity were 35,415,000 kg CO2e, leading to a combined Scope 1 and 2 total of 70,869,000 kg CO2e.
Looking back to 2021, the company's Scope 1 emissions were 29,114,000 kg CO2e (3,088,000 kg CO2e from mobile combustion and 26,026,000 kg CO2e from fugitive emissions), and Scope 2 emissions were 33,820,000 kg CO2e, resulting in a Scope 1 and 2 total of 62,935,000 kg CO2e.
Sheng Siong has set near-term reduction targets for its emissions. The company aims to reduce its Scope 1 emissions by 30% from 2021 levels by 2030. Additionally, it targets a 25% reduction in Scope 2 emissions from 2021 levels by 2030. No Scope 3 emissions data has been disclosed by the company.
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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