Greggs plc, commonly known as Greggs, is a prominent player in the UK retail trade services sector, specifically focusing on food and beverage offerings. Headquartered in Newcastle upon Tyne, GB, the company has established a strong presence across the UK, with thousands of outlets serving a diverse customer base.
Founded in 1939, Greggs has evolved from a local bakery into a beloved national chain, renowned for its freshly baked goods, including pastries, sandwiches, and sweet treats. The brand is particularly famous for its vegan options and commitment to quality ingredients, setting it apart in a competitive market.
With a significant market position, Greggs has achieved notable milestones, including consistent growth in sales and a loyal customer following. Its innovative approach to menu development and customer engagement continues to drive its success in the retail trade industry.
-4 vs industry average
Greggs’s score of 31 is lower than 48% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 42% since 2019
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Greggs's reported carbon emissions
Greggs, a UK-based retail services company, has reported a Scope 1 and 2 emissions total of approximately 24.5 million kg CO2e for the year 2023. This figure comprises approximately 13.46 million kg CO2e from Scope 1 (mobile combustion) and approximately 5.51 million kg CO2e from Scope 1 (fugitive emissions), alongside approximately 9.15 million kg CO2e from Scope 1 (stationary combustion). Scope 2 emissions from purchased electricity for 2023 amounted to approximately 2.98 million kg CO2e. In 2022, Greggs reported Scope 1 emissions of approximately 15.72 million kg CO2e (comprising 6.66 million kg CO2e from mobile combustion, 6.70 million kg CO2e from fugitive emissions, and 8.89 million kg CO2e from stationary combustion) and Scope 2 emissions of approximately 7.11 million kg CO2e from purchased electricity. For 2020, the company reported combined Scope 1 and 2 emissions of approximately 30.12 million kg CO2e. Greggs has set ambitious climate targets, committing to reduce absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 46.2% by 2030, using a 2019 base year. This commitment is aligned with a 1.5°C warming scenario, as recognised by the Science Based Targets initiative (SBTi). Additionally, Greggs aims to reduce absolute Scope 3 GHG emissions from purchased goods and services by 46.2% within the same timeframe. The company's climate commitments are detailed in its sustainability reports, including "The Greggs Pledge 2023 Annual Sustainability Report" and "Greggs Sustainability Report 2022". These documents outline their approach to emissions reduction and sustainable business practices within the retail trade services sector.
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Greggs’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Greggs yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Greggs
Frequently asked questions
Common questions about Greggs’s sustainability data and climate commitments
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