Spencer's Retail Limited Sustainability Profile
Spencer's Retail Limited, a prominent player in the Indian retail sector, is headquartered in India and operates extensively across major urban regions. Founded in 1980, the company has established itself as a leader in the hypermarket and grocery retail industry, offering a diverse range of products including food, apparel, and household essentials. Spencer's is renowned for its commitment to quality and customer satisfaction, providing unique offerings that cater to the evolving needs of consumers. With a focus on fresh produce and innovative private label products, the brand has carved a niche in the competitive retail landscape. Notable achievements include a robust market presence and a reputation for excellence, positioning Spencer's Retail as a trusted choice for shoppers seeking variety and value.
DitchCarbon Score
How does Spencer's Retail Limited'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 Wholesale Trade 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
Spencer's Retail Limited's score of 36 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Spencer's Retail Limited, headquartered in India, currently does not have specific carbon emissions data available for recent years. As a current subsidiary of the RP Sanjiv Goenka Group, any emissions data or climate commitments may be influenced by the parent company's initiatives. However, there are no documented reduction targets or climate pledges from Spencer's Retail Limited at this time. The absence of specific emissions figures indicates a potential area for improvement in transparency and accountability regarding their carbon footprint. As the retail industry increasingly focuses on sustainability, it is crucial for Spencer's Retail Limited to establish clear climate commitments and reduction targets to align with industry standards and expectations.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 366,330 | 000,000 |
| Scope 2 | 15,438,820 | 00,000,000 |
| Scope 3 | 26,156,000 | 00,000,000 |
How Carbon Intensive is Spencer's Retail Limited's Industry?
How Carbon Intensive is Spencer's Retail Limited's Location?
Spencer's Retail Limited's Scope 3 Categories Breakdown
Spencer's Retail Limited's Scope 3 emissions, which increased by 24% last year and increased by approximately 24% since 2023, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 69% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 31% of Scope 3 emissions.
Top Scope 3 Categories
Spencer's Retail Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Spencer's Retail Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
