Coop

Coop, headquartered in DK and operating in the food products sector, has demonstrated its commitment to climate action through ambitious reduction targets set with the Science Based Targets initiative (SBTi). The company commits to a substantial 91% reduction in absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 2030, using a 2018 base year. Additionally, Coop aims to reduce Scope 3 GHG emissions by 16% in absolute terms by 2030, against a 2019 base year. This Scope 3 target is also expressed as a 24.6% reduction per unit of revenue in DKK. A further specific Scope 3 commitment targets a 27.5% reduction in absolute emissions from the use of sold products from fossil fuels by 2030, also from a 2019 base year.

In terms of reported emissions, Coop disclosed Scope 1 and 2 emissions for 2022 totalling approximately 296.3 million kg CO2e, comprising about 238 million kg CO2e for Scope 1 and approximately 58.3 million kg CO2e for Scope 2. For the preceding year, 2021, the company reported Scope 1 and 2 emissions of approximately 340.3 million kg CO2e, with Scope 1 accounting for about 235.9 million kg CO2e and Scope 2 for approximately 104.4 million kg CO2e. Coop has not yet disclosed Scope 3 emissions, with purchased goods and services being a noted missing data point.