Sonae
Sonae, officially known as Sonae SGPS, S.A., is a prominent multinational company headquartered in Maia, Portugal. Established in 1959, Sonae has evolved into a leading player 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, technology, and financial services. Sonae is renowned for its diverse portfolio, which includes well-known brands such as Continente, Worten, and Sonae Sierra. These offerings are distinguished by their commitment to innovation and sustainability, catering to a wide range of consumer needs. With a strong market position, Sonae has achieved notable milestones, including the expansion of its retail footprint and the development of cutting-edge shopping experiences, solidifying its reputation as a leader in the retail 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 44 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sonae's reported carbon emissions
In 2023, Sonae reported total carbon emissions of approximately 6.1 million tonnes CO2e, with 65,556 tonnes from Scope 1, 86,121 tonnes from Scope 2, and a significant 5.9 million tonnes from Scope 3 emissions. This represents a commitment to reducing their carbon footprint, particularly in light of their targets set through the Science Based Targets initiative (SBTi). Sonae has committed to a 51% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2032, using 2022 as the baseline year. Additionally, they aim to reduce Scope 3 emissions from purchased goods and services by 31% within the same timeframe. These targets align with the global goal of limiting temperature rise to 1.5°C, demonstrating Sonae's proactive approach to climate action. Over the years, Sonae has shown a trend of decreasing emissions intensity, with a notable reduction in their Scope 1 and 2 emissions intensity ratio. Their ongoing initiatives reflect a commitment to sustainability and responsible business practices in the retail sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project2013 | 2014 | 2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 33,900,000 | 00,000,000 | 00,000,000 | 000,000,000 | 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 | 00,000,000 | 0,000,000 | 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 | 0,000,000 | 0,000,000 | 00,000,000 | 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 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.
