Shoprite Holdings
Shoprite Holdings, a leading retail giant headquartered in South Africa (ZA), has established itself as a dominant player in the grocery and fast-moving consumer goods industry. Founded in 1979, the company has expanded its operations across various regions in Africa, offering a diverse range of products and services through its extensive network of supermarkets and hypermarkets. With a commitment to affordability and quality, Shoprite Holdings provides a unique shopping experience, featuring fresh produce, household goods, and a variety of private label products. The company is renowned for its innovative approach to retail, including the introduction of online shopping and loyalty programmes. As one of Africa's largest retailers, Shoprite Holdings continues to achieve significant milestones, solidifying its market position and enhancing customer satisfaction across the continent.
DitchCarbon Score
How does Shoprite Holdings'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
Shoprite Holdings's score of 61 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Shoprite Holdings's reported carbon emissions
In 2023, Shoprite Holdings reported total carbon emissions of approximately 17,503,962,000 kg CO2e. This figure includes 725,405,000 kg CO2e from Scope 1 emissions, 1,724,725,000 kg CO2e from Scope 2 emissions, and a significant 15,053,831,000 kg CO2e from Scope 3 emissions, which encompasses emissions from the use of sold products and other indirect sources. Shoprite Holdings has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 42% by FY2030, using FY2020 as the baseline. Additionally, the company targets a 25% reduction in absolute Scope 3 emissions from the use of sold products within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit warming to 1.5°C. The company's emissions data reflects a commitment to transparency and accountability in its climate strategy, as it continues to disclose emissions across all relevant scopes. Shoprite Holdings is actively working towards these reduction goals, demonstrating its dedication to sustainability and climate action in the retail sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 594,856,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,687,508,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 479,240,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Shoprite Holdings is committed to some reduction initiatives 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.
