Axfood Sustainability Profile
Axfood AB, headquartered in Sweden, is a leading player in the Nordic grocery retail sector. Founded in 2000, the company has established a strong presence across various operational regions, primarily in Sweden. Axfood operates through well-known brands such as Willys and Hemköp, focusing on providing high-quality food products and services to consumers. Specialising in grocery retail, Axfood is committed to sustainability and innovation, offering a diverse range of products that cater to the evolving needs of its customers. The company has achieved notable milestones, including significant growth in market share and a reputation for excellence in customer service. With a focus on competitive pricing and a unique shopping experience, Axfood continues to solidify its position as a trusted name in the industry.
DitchCarbon Score
How does Axfood'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
Axfood's score of 50 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Axfood's reported carbon emissions
In 2023, Axfood reported total carbon emissions of approximately 44,327,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions totalled about 46,475,000 kg CO2e, while Scope 2 emissions were approximately 2,195,000 kg CO2e. The most substantial impact came from Scope 3 emissions, which reached approximately 2,705,502,000 kg CO2e. Comparatively, in 2022, Axfood's total emissions were about 41,336,000 kg CO2e, indicating an increase in emissions year-on-year. The breakdown for 2022 shows Scope 1 emissions at approximately 44,571,000 kg CO2e, Scope 2 at about 2,905,000 kg CO2e, and Scope 3 at around 2,526,709,000 kg CO2e. Axfood has set ambitious reduction targets, aiming to decrease carbon emissions from its owned trucks by 30% by 2025, using 2020 as the baseline year. This target applies to both Scope 1 and Scope 2 emissions, reflecting a commitment to improving operational efficiency and reducing the carbon footprint of its logistics. The company does not currently have a net-zero commitment or long-term targets in place, as indicated by its status with the Science Based Targets initiative (SBTi). However, it remains focused on near-term reductions and has made strides in tracking and reporting its emissions data, which is cascaded from its parent company, Axfood AB (publ). Overall, Axfood's emissions data and climate commitments highlight its ongoing efforts to address climate change within the food and staples retailing sector, while also acknowledging the challenges it faces in achieving significant reductions across all scopes of emissions.
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| 2009 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 26,593,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 61,647,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 770,000 | 000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Axfood's Industry?
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Axfood's Scope 3 Categories Breakdown
Axfood's Scope 3 emissions, which increased by 7% last year and increased significantly since 2009, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Upstream Transportation & Distribution" being the largest emissions source at 1% of Scope 3 emissions.
Top Scope 3 Categories
Axfood'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.
Axfood 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.
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Frequently Asked Questions
Common questions about Axfood's sustainability data and climate commitments