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. This figure includes Scope 1 emissions of about 46,475,000 kg CO2e, which encompasses mobile combustion (approximately 9,235,000 kg CO2e) and fugitive emissions (around 2,761,000 kg CO2e). Scope 2 emissions totalled about 2,195,000 kg CO2e, with purchased electricity contributing approximately 1,728,000 kg CO2e. Notably, Scope 3 emissions were significantly higher, reaching approximately 2,705,502,000 kg CO2e, primarily driven by upstream transportation and distribution (about 28,101,000 kg CO2e). Axfood has set ambitious reduction targets, aiming for a 30% decrease in carbon emissions from its owned trucks by 2025, using 2020 as the baseline year. This target applies to both Scope 1 and Scope 2 emissions. However, as of the latest updates, Axfood has not committed to net-zero emissions or established long-term reduction targets. The emissions data is cascaded from Axfood AB (publ), reflecting the company's comprehensive approach to sustainability within the food and staples retailing sector. The reported figures highlight the significant impact of Scope 3 emissions, which are often the most challenging to manage, underscoring the need for robust supply chain engagement and innovative strategies to achieve meaningful reductions.
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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