Studio Retail Group plc
Studio Retail Group plc, commonly known as Studio, is a prominent player in the UK retail sector, headquartered in Great Britain. Founded in 1962, the company has evolved significantly, establishing itself as a leading online retailer specialising in a diverse range of products, including fashion, homeware, and electronics. With a strong operational presence across the UK, Studio is renowned for its unique offering of flexible payment options, catering to a broad customer base. The company has achieved notable milestones, including a robust online platform that enhances customer experience and engagement. Studio Retail Group plc stands out in the competitive retail landscape, consistently delivering quality products and exceptional service, solidifying its position as a trusted name in the industry.
DitchCarbon Score
How does Studio Retail Group plc'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
Studio Retail Group plc's score of 30 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Studio Retail Group plc's reported carbon emissions
In 2021, Studio Retail Group plc reported total carbon emissions of approximately 3,773,000 kg CO2e in Great Britain, a slight decrease from about 3,970,000 kg CO2e in 2020. The emissions breakdown for 2021 included approximately 44,000 kg CO2e from Scope 1 and about 3,730,000 kg CO2e from Scope 2. The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 46% by 2030, using 2019 as the base year. This target has been approved through the Science Based Targets initiative (SBTi) and aligns with the necessary reductions to limit global warming to 1.5°C. Additionally, Studio Retail Group is committed to measuring and reducing its Scope 3 emissions, although specific data on these emissions has not been disclosed. Overall, Studio Retail Group plc is actively working towards significant emissions reductions while adhering to industry standards for climate action.
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| 2020 | 2021 | |
|---|---|---|
| Scope 1 | 66,000 | 00,000 |
| Scope 2 | 3,904,000 | 0,000,000 |
| Scope 3 | - | - |
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.
Studio Retail Group plc is participating in some 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.
