Sonae, officially known as Sonae SGPS, S.A., is a prominent Portuguese multinational company headquartered in Maia, Portugal. Founded in 1959, Sonae has established itself as a leader in the retail and distribution industry, with significant operations across Europe, particularly in Portugal and Spain. The company operates in various sectors, including food retail, shopping centres, and technology, offering a diverse range of products and services. Sonae is renowned for its innovative approach to retail, exemplified by its flagship brand, Continente, which is a market leader in the supermarket sector. With a strong commitment to sustainability and digital transformation, Sonae has achieved notable milestones, positioning itself as a key player in the European market. Its focus on customer experience and operational excellence continues to drive its success in an ever-evolving industry landscape.
How does Sonae'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.
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.
Sonae's score of 44 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sonae reported total carbon emissions of approximately 6,100,345,000 kg CO2e. This figure includes 65,556,000 kg CO2e from Scope 1 emissions, 86,121,000 kg CO2e from Scope 2 emissions, and a significant 5,938,838,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions primarily stem from purchased goods and services, which accounted for about 4,848,792,000 kg CO2e. Over the years, Sonae has shown fluctuations in its emissions. For instance, in 2022, total emissions were approximately 7,188,271,000 kg CO2e, with Scope 1 and 2 emissions totalling 162,583,000 kg CO2e. The company has not set specific reduction targets or commitments under the Science Based Targets initiative (SBTi) or other formal reduction initiatives, indicating a potential area for improvement in their climate strategy. Sonae's emissions data reflects a commitment to transparency, as they disclose emissions across all three scopes. However, the absence of defined reduction targets suggests that while they are monitoring their carbon footprint, there may be opportunities to enhance their climate commitments and set ambitious goals for future reductions.
Access structured emissions data, company-specific emission factors, and source documents
2013 | 2014 | 2015 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 33,900,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 158,308,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 3,974,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Sonae is not committed to any 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.