Sonae

Sonae reported total emissions of approximately 9.47 billion kg CO2e in 2024. This included Scope 1 emissions of 79.35 million kg CO2e, Scope 2 market-based emissions of 73.44 million kg CO2e, and Scope 3 emissions of approximately 9.32 billion kg CO2e. The Scope 3 emissions were primarily from purchased goods and services, accounting for about 7.28 billion kg CO2e, and use of sold products, at approximately 1.18 billion kg CO2e.

Sonae's climate commitments, cascaded from its parent company Sonae, SGPS, S.A., include a target to reduce Scope 1 and 2 GHG emissions by 54% by 2030, against a 2018 baseline. Additionally, the company aims to achieve carbon neutrality for its Scope 1 and 2 GHG emissions by 2040, a decade ahead of the 2050 global target. Another target, specific to Sonae Sierra, commits to reducing Scope 1 and 2 GHG emissions by 73% per square metre by 2030 from a 2019 base year.