Aeon Sustainability Profile
Aeon Co., Ltd., commonly known as Aeon, is a leading retail and financial services company headquartered in Japan. Established in 1758, Aeon has evolved into a prominent player in the retail industry, with significant operations across Asia, including Hong Kong, Malaysia, and China. The company is renowned for its diverse range of products and services, including supermarkets, shopping malls, and financial services, which cater to the varying needs of consumers. Aeon's commitment to quality and customer satisfaction sets it apart in a competitive market. With a strong market position, Aeon has achieved numerous milestones, including the expansion of its store formats and the introduction of innovative shopping experiences. As a pioneer in the retail sector, Aeon continues to shape the landscape of modern shopping in the regions it serves.
DitchCarbon Score
How does Aeon'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
Aeon's score of 68 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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Aeon's reported carbon emissions
In 2024, Aeon Co., Ltd., headquartered in Japan, reported total carbon emissions of approximately 1,683,166,730 kg CO2e. This figure includes Scope 1 emissions of about 288,285,830 kg CO2e, Scope 2 emissions of approximately 263,990,850 kg CO2e, and significant Scope 3 emissions totalling around 1,211,978,850 kg CO2e. Notably, the Scope 3 emissions include substantial contributions from downstream leased assets, which accounted for about 1,175,828,150 kg CO2e. For the previous year, 2023, Aeon reported total emissions of approximately 1,162,000,000 kg CO2e globally, with Scope 1 emissions at about 294,253,470 kg CO2e and Scope 2 emissions at approximately 139,504,230 kg CO2e. The Scope 3 emissions for 2023 were around 1,055,446,920 kg CO2e. Aeon has set ambitious climate commitments, aiming for a 35% reduction in total CO2 emissions from its stores by 2030, compared to a 2010 baseline. This target applies to both Scope 1 and Scope 2 emissions. Additionally, the company has committed to achieving net-zero emissions across all scopes by 2050. In the near term, Aeon aims to reduce its Scope 1 and Scope 2 emissions by 50% by 2030 from a 2020 baseline. Furthermore, Aeon has pledged to power its Japanese shopping centres and general merchandise stores with 100% renewable energy by 2030. The company also aims for a 70% absolute reduction in Scope 1 and 2 emissions by 2035, using 2019 as the base year. These commitments align with the Science Based Targets initiative (SBTi), where Aeon has committed to reducing absolute Scope 1 and 2 greenhouse gas emissions by 46.2% by 2030 from a 2019 base year. Additionally, Aeon has set a target for 80% of its suppliers by emissions to establish science-based targets by 2021. Overall, Aeon is actively working towards significant emissions reductions and sustainability goals, reflecting its commitment to addressing climate change.
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| 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 96,799,000 | - | - | 000,000,000 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,021,303,000 | - | 0,000,000,000 | 0,000,000,000 | - | - | 00,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 6,667,041,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Aeon's Industry?
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Aeon's Scope 3 Categories Breakdown
Aeon's Scope 3 emissions, which increased by 15% last year and decreased by approximately 82% since 2015, 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 "Downstream Leased Assets" being the largest emissions source at 97% of Scope 3 emissions.
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Aeon'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.
Aeon has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Aeon's sustainability data and climate commitments