Sonae, officially known as Sonae SGPS, S.A., is a prominent Portuguese multinational company headquartered in Maia, Portugal. Founded in 1959, Sonae has established itself as a leader in the retail and distribution industry, with significant operations across Europe, particularly in Portugal and Spain. The company operates in various sectors, including food retail, shopping centres, and technology, offering a diverse range of products and services. Sonae is renowned for its innovative approach to retail, exemplified by its flagship brand, Continente, which is a market leader in the supermarket sector. With a strong commitment to sustainability and digital transformation, Sonae has achieved notable milestones, positioning itself as a key player in the European market. Its focus on customer experience and operational excellence continues to drive its success in an ever-evolving industry landscape.
How does Sonae'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.
Mean score of companies in the 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.
Sonae's score of 38 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sonae reported total carbon emissions of approximately 6,100,345,000 kg CO2e. This figure includes 65,556,000 kg CO2e from Scope 1 emissions, 86,121,000 kg CO2e from Scope 2 emissions, and a significant 5,938,838,000 kg CO2e from Scope 3 emissions. Sonae has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 51% by 2032, using 2022 as the baseline year. Additionally, the company plans to cut its Scope 3 emissions from purchased goods and services by 31% within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to global efforts to limit temperature rise to 1.5°C. Sonae's emissions data reflects a proactive approach to sustainability, with a clear focus on reducing its carbon footprint across all scopes of emissions. The company's commitment to significant reductions demonstrates its dedication to addressing climate change and promoting environmental responsibility within the retail sector.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2013 | 2014 | 2015 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 33,900,000 | 00,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 158,308,000 | 000,000,000 | 000,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 3,974,000 | 0,000,000 | 0,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Sonae is committed to some reduction initiatives 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.