Sonae

Sonae's reported carbon emissions

In 2024, Sonae reported total carbon emissions of approximately 9.47 billion kg CO2e, comprising 79.3 million kg CO2e from Scope 1, 73.4 million kg CO2e from Scope 2, and about 9.32 billion kg CO2e from Scope 3 emissions. This represents a significant increase from 2023, where total emissions were approximately 8.55 billion kg CO2e, with Scope 1 emissions at 67.1 million kg CO2e, Scope 2 at 86.5 million kg CO2e, and Scope 3 at about 8.40 billion kg CO2e. Sonae has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by 54% by 2030 compared to 2018 levels. Additionally, the company has pledged to achieve carbon neutrality for its Scope 1 and 2 emissions by 2040, ten years ahead of the global target. Notably, Sonae has already achieved a 75% reduction in its Scope 1 emissions since 2005, surpassing its previous goal of a 70% reduction by 2020. The emissions data for Sonae is cascaded from its parent company, Sonae, SGPS, S.A., reflecting a corporate commitment to sustainability across its subsidiaries. Sonae's ongoing initiatives and targets align with industry standards for climate action, demonstrating a proactive approach to mitigating its environmental impact.