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.
-2 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
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 retail trade services company based in GB, has reported its greenhouse gas (GHG) emissions.
Emissions Data:
- 2023: Greggs reported Scope 1 emissions totalling approximately 14,961,000 kg CO2e and Scope 2 emissions of approximately 2,981,000 kg CO2e.
- 2022: Scope 1 emissions were approximately 16,552,000 kg CO2e, and Scope 2 emissions were approximately 7,109,000 kg CO2e.
- 2020: Greggs reported combined Scope 1 and 2 emissions of approximately 30,122,000 kg CO2e.
Climate Commitments and Reduction Targets:
Greggs is committed to significant GHG emission reductions, aligning with a 1.5°C trajectory.
- Scope 1 and 2 Emissions: Greggs has set a target to reduce absolute Scope 1 and Scope 2 GHG emissions by 46.2% by 2030, using 2019 as the base year.
- Scope 3 Emissions: The company also commits to reducing absolute Scope 3 GHG emissions from purchased goods and services by 46.2% within the same timeframe (by 2030 from a 2019 base year).
These targets have been verified by the Science Based Targets initiative (SBTi), indicating that they are consistent with the reductions required to limit global warming to 1.5°C. The company's sustainability reports provide further details on these commitments.
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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
Data year: 2023
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