Sonae Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
Mean score of companies in the Retail Trade Services 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.
Industry Benchmark
Sonae's score of 76 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sonae's reported carbon emissions
In 2024, Sonae reported total carbon emissions of approximately 9.5 billion kg CO2e, comprising 79,348,000 kg CO2e from Scope 1, 73,439,000 kg CO2e from Scope 2, and about 9.3 billion kg CO2e from Scope 3 emissions. This data reflects a comprehensive approach to emissions reporting, including all relevant scopes. Sonae has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by 54% by 2030, using 2018 as the baseline year. Additionally, the company has pledged to achieve carbon neutrality for its Scope 1 and 2 emissions by 2040, which is ten years ahead of the global target of 2050. These targets are part of Sonae's broader sustainability strategy, which is cascaded from its parent company, Sonae, SGPS, S.A. The company has demonstrated significant progress in emissions reduction, achieving a 75% reduction in Scope 1 emissions since 2005, surpassing its long-term goal of a 70% reduction by 2020. Sonae's commitment to sustainability is further evidenced by its detailed emissions reporting and reduction initiatives, which align with industry standards and best practices.
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| 2013 | 2014 | 2015 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 33,900,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 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 | 000,000,000 | 00,000,000 | 000,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 3,974,000 | 0,000,000 | 0,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Sonae's Industry?
How Carbon Intensive is Sonae's Location?
Sonae's Scope 3 Categories Breakdown
Sonae's Scope 3 emissions, which increased by 11% last year and increased significantly since 2013, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 78% of Scope 3 emissions.
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Sonae's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Sonae has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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