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Sovena Group, commonly referred to as Sovena, is a prominent player in the 'Other Business Services (74)' industry, with its headquarters based in Portugal. Established in 1956, the company has grown significantly over the decades, expanding its operations across various regions and establishing a strong market presence.
Specialising in the production and distribution of edible oils and related products, Sovena is recognised for its commitment to quality and innovation. Its core offerings include olive oils, vegetable oils, and other food ingredients, distinguished by their high standards and sustainable practices. As a leading entity within its sector, Sovena has achieved notable milestones, solidifying its position as a trusted supplier in the global food industry.
+15 vs industry average
Sovena’s score of 51 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Business Services is among the least carbon-intensive industries
The Business Services industry has reduced its overall emissions by 25% since 2018
Scope 3 accounts for ••• of total emissions.
Sovena, a Portuguese company in Other business services (74), reported its Scope 1, 2, and 3 emissions for 2025 as 1,863,656 kg CO2e, including Scope 1 emissions of 33,812 kg CO2e, Scope 2 emissions of 35,291 kg CO2e, and Scope 3 emissions of 1,794,552 kg CO2e. This data is inherited from its parent company, Sovena Group, Sgps, S.A.
In 2024, the company's reported Scope 1, 2, and 3 emissions totalled 1,326,988 kg CO2e, with Scope 1 emissions at 31,539 kg CO2e, Scope 2 at 40,057 kg CO2e, and Scope 3 at 1,255,392 kg CO2e. For 2023, Sovena reported Scope 1 emissions of 32,332,000 kg CO2e and Scope 2 emissions of 47,625,000 kg CO2e.
Looking back, Sovena's total emissions in 2022 were approximately 1,346,766,000 kg CO2e, comprising Scope 1 emissions of 25,823,000 kg CO2e, Scope 2 emissions of 52,224,000 kg CO2e, and Scope 3 emissions of 1,267,720,000 kg CO2e. In 2021, total emissions were around 1,208,965,000 kg CO2e, with Scope 1 at 26,136,000 kg CO2e, Scope 2 at 56,650,000 kg CO2e, and Scope 3 at 1,126,179,000 kg CO2e. The company’s 2020 total emissions were approximately 1,167,310,000 kg CO2e (Scope 1: 32,190,000 kg CO2e, Scope 2: 56,968,000 kg CO2e, Scope 3: 1,078,152,000 kg CO2e).
Sovena has set a near-term absolute reduction target for its greenhouse gas emissions. The company aims to reduce Scope 1 and Scope 2 emissions by 10% by 2026 and by 25% by 2030, using 2023 as the base year. This commitment is detailed in their 2024 sustainability report.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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