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OrganisationsGreggs
Greggs logo

Greggs

Retail Trade ServicesUnited KingdomPNK: GGGSY
Last verified 5 months agogreggs.co.uk

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.

32
DitchCarbon score

-4 vs industry average

Greggs’s score of 32 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

Low

Retail Trade Services has below-average carbon intensity

Industry performance

0.181
20182025

The Retail Trade Services industry has reduced its overall emissions by 31% since 2018

Emissions trajectory 2020 – 2026

00.0M00M00.0M0.0M0

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2020202120222023202420252026

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Greggs's reported carbon emissions

Greggs, a retail trade services company based in Great Britain, has set ambitious climate commitments. For the financial year 2023, Greggs reported Scope 1 emissions of approximately 14,961,000 kg CO2e and Scope 2 emissions of approximately 2,981,000 kg CO2e. This represents a combined total of approximately 17,942,000 kg CO2e for these scopes.

Greggs has a clear target to reduce absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 46.2% by 2030, using 2019 as the base year. This commitment is aligned with keeping global warming to 1.5°C. Additionally, Greggs has committed to reducing absolute Scope 3 GHG emissions from purchased goods and services by 46.2% within the same timeframe, also from a 2019 baseline. These targets have been validated by the Science Based Targets initiative (SBTi).

While specific Scope 3 emissions data for 2023 are not provided, Greggs acknowledges the need to address emissions from purchased goods and services and upstream transportation and distribution. For 2022, Greggs reported Scope 1 emissions of approximately 15,559,000 kg CO2e and Scope 2 emissions of approximately 7,109,000 kg CO2e. In 2020, Greggs reported total Scope 1 and 2 emissions of approximately 30,122,000 kg CO2e.

Greggs's sustainability reporting highlights their commitment to reducing their environmental impact. The company is focused on achieving its science-based targets and is actively working towards a more sustainable future.

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Greggs’s Climate Goals (2030 & 2050)

3 goals

2030

46.2% reduction in Scope 1

Greggs commits to reduce absolute scope 1 and 2 GHG emissions 46.2% by 2030 from a 2019 base year. Greggs also commits to reduce absolute sc…

Insufficient data46.2%

2030

46.2% reduction in Scope 2

Greggs commits to reduce absolute scope 1 and 2 GHG emissions 46.2% by 2030 from a 2019 base year. Greggs also commits to reduce absolute sc…

Insufficient data46.2%

2030

46.2% reduction in scope 3 total

Greggs commits to reduce absolute scope 1 and 2 GHG emissions 46.2% by 2030 from a 2019 base year. Greggs also commits to reduce absolute sc…

Insufficient data46.2%

Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

2030 targetSee details
Active
CDP

Carbon Disclosure Project

Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Greggs logoGreggs
GBRetail Trade Services
5 months ago
32
Sodexo logoSodexo
FRCommunity Food Services
4 days ago
100
View
Tesco PLC logoTesco PLC
GBBusiness Services
4 days ago
98
View
Co Operative logoCo Operative
GBRail Transport
4 days ago
85
View
Marks And Spencer logoMarks And Spencer
GBRetail Trade Services
4 days ago
84
View
Compass Group PLC logoCompass Group PLC
GBHospitality
4 days ago
79
View
Domino's Pizza Group plc logoDomino's Pizza Group plc
GBHospitality
4 days ago
66
View

Frequently asked questions

Common questions about Greggs’s sustainability data and climate commitments

Greggs has committed to reducing its absolute Scope 1 and Scope 2 greenhouse gas emissions by approximately 46.2% by around 2030, using 2019 as the baseline year. Additionally, the company aims to cut its Scope 3 emissions from purchased goods and services by roughly the same percentage within the same timeframe. These targets are validated by the Science Based Targets initiative (SBTi) and are aligned with efforts to limit global warming to 1.5°C. Greggs' clear climate commitments demonstrate its dedication to sustainability and climate action in the retail sector.

Data year: 2023

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See our License Agreement for more details.

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