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 65 is higher than 99% 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 2023, Sonae reported total carbon emissions of approximately 8,553,389,000 kg CO2e. This figure includes 67,111,000 kg CO2e from Scope 1 emissions, 86,121,000 kg CO2e from Scope 2 emissions, and a significant 8,399,742,000 kg CO2e from Scope 3 emissions. The company has shown a commitment to reducing its carbon footprint, with a total of 15,167,000 kg CO2e from Scope 1 and 2 emissions combined. Over the years, Sonae has made strides in managing its emissions. For instance, in 2022, the total emissions were about 8,988,875,000 kg CO2e, indicating a slight increase in 2023. However, the company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other formal climate pledges, which suggests a need for more structured commitments in the future. Sonae's emissions data reflects a comprehensive approach to tracking and reporting carbon emissions across all scopes, highlighting the importance of transparency in corporate sustainability efforts. The company continues to monitor its emissions and explore opportunities for reduction, particularly in its extensive Scope 3 emissions, which account for the majority of its carbon footprint.
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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.
