Axfood
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 48 is higher than 68% 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 accounted for about 12,225,000 kg CO2e, while Scope 2 emissions totalled approximately 21,857,000 kg CO2e. The most substantial impact came from Scope 3 emissions, which reached about 2,705,502,000 kg CO2e, highlighting the importance of addressing indirect emissions in their climate strategy. 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 has not committed to net-zero emissions nor established long-term targets under the Science Based Targets initiative (SBTi). However, it has made near-term commitments, although some have been removed or expired. Axfood's emissions data is cascaded from its parent company, Axfood AB (publ), ensuring consistency in reporting and accountability across its corporate family. Overall, Axfood's emissions profile and reduction initiatives underscore its ongoing efforts to address climate change within the food and staples retailing sector, particularly in Sweden.
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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 |
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.
Axfood is not participating in any 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.
