Sonae
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.
DitchCarbon Score
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.
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
Sonae's score of 73 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sonae's reported carbon emissions
In 2024, Sonae reported total carbon emissions of approximately 9,471,518,000 kg CO2e, with Scope 1 emissions at about 79,348,000 kg CO2e, Scope 2 emissions (market-based) at approximately 73,439,000 kg CO2e, and Scope 3 emissions reaching about 9,318,730,000 kg CO2e. This represents a significant increase from 2023, where total emissions were about 8,553,389,000 kg CO2e, with Scope 1 at approximately 67,111,000 kg CO2e, Scope 2 (market-based) at about 86,536,000 kg CO2e, and Scope 3 at around 8,399,742,000 kg CO2e. Sonae has set ambitious climate commitments, aiming for carbon neutrality in its operations by 2040, which is ten years ahead of the EU's target. The company plans to reduce its Scope 1 and 2 emissions by 54% by 2030, using 2018 as a baseline. Additionally, Sonae Sierra, a subsidiary, has committed to a more aggressive target of a 73% reduction in Scope 1 and 2 emissions per square metre by 2030 from a 2019 base year. These commitments reflect Sonae's dedication to addressing climate change and reducing its carbon footprint across all scopes of emissions, aligning with industry standards and global climate goals.
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| 2013 | 2014 | 2015 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| 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 | 00,000,000 |
| Scope 2 | 158,308,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 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 | 0,000,000,000 |
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.
Sonae is not participating in any of the initiatives that 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.
