Carrefour

"Carrefour's net zero target is to become carbon neutral by 2040. Net Zero Tracker
This includes a specific target to reduce its scope 1 and 2 emissions by 70% by 2040, compared to 2019 levels. Net Zero Tracker
However, these scopes cover less than 2% of the company's total emissions. Net Zero Tracker
For scope 3 emissions, Carrefour has pledged to reduce emissions by 29% in 2030 compared to 2019 levels. Net Zero Tracker
An interesting fact about Carrefour's environmental policy is its plan to use only renewable energy by 2030. Net Zero Tracker
In addition, you can check out …"

Current Score (vs. LY)

45.2 pts (-)

Last Update: Dec. 12, 2023

Current Rankings

Global: #81

CAC40: #20

Consumer Staples: #15

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2022Y2021Y2020
Scope 1 582,000575,000698,700
Scope 2 - location-based NANA965,100
Scope 2 - market-based 631,000701,000NA
Scope 1-2 - location-based 582,000575,0001,663,800
Scope 1-2 - market-based 1,213,000 1,276,000 NA
Scope 3 000
Total - location-based 582,000575,0001,663,800
Total - market-based 1,213,000 1,276,000 NA

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 73,083,06863,117,595
Methodology Pre-calculated sector intensity (revenue)Pre-calculated sector intensity (revenue)

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category


Scope 3 Emissions not available

Emissions Trajectory (Full Scopes)



Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Carrefour belongs to the sector Consumer Staples.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

Scope Reduction Objectives Base Year Target Year Comments
S1S2MKT 30.0 2019 2025
S3 29.0 2019 2030
S1S2MKT 50.0 2019 2030
S1S2MKT 70.0 2019 2040


Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email



Net Zero Future Commitments

Scope Scope 3 Coverage Target Year Comments
S1S2MKT NO 2040


Science-based Targets (SBTI)

Date Published / Updated :01/06/2020

Near-term Long-Term Net Zero Standard
Targets Set : Well-below 2°C by 2030 No target Yes
Carrefour is a member of the Business Ambition for 1.5 campaign (link here )

Carrefour Group commits to reduce absolute scope 1 and 2 GHG emissions of 30% by 2030 and 55% by 2040 from a 2019 base year. Carrefour Group also commits to reduce absolute scope 3 GHG emissions from purchased goods and services and use of sold products of 29% by 2030 from a 2019 base year.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Carrefour by zerotracker.net: Feb. 15, 2023
Planning to use external offset credits Not Specified
Separate targets for emission reductions and removals No
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) Not Specified

Additional notes: Carrefour does not currently procure carbon offsets to offset its own emissions. It may however intend to do so for its recently announced carbon neutrality by 2040 pledge, which was accompanied by a 70% emission reduction target for the same year, but with no further details regarding the remaining emissions. There is very little detail surrounding offsetting mechanisms other than the possibility of intending to do so.

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points)
Max
(points)
Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 10.0 10.0 -
2 Scope 3 emissions are fully reported and externally-verified 0.0 10.0 -
3 CDP score demonstrates the level of transparent disclosures 10.0 10.0 -
Transparency 20.0 30.0 -
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 6.0 10.0 -
5 Net Zero targets demonstrate a high-level of emergency 1.666666666666667 10.0 -
6 Emission reduction targets on a forward-looking basis are ambitious 0.0 10.0 -
7 Targets are science-based as validated by SBTi 7.5 10.0 -
Commitments 15.166666666666668 40.0 -
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 -
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 -
10 Implied Temperature Rating by MSCi 10.0 10.0 -
Results 10.0 30.0 -
Total 45.2 100.0 -


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? yes 5.0 / 5.0 -
Are S1+S2 figures verified by a 3rd-party for the last reporting year? yes 5.0/ 5.0 -
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? NC 0.0 / 5.0 -
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? NC 0.0 / 5.0 -
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? A 10.0 / 10.0 -
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? yes 3.0 / 3.0 -
Does the net zero target include an intermediate target by 2030? 2025 3.0 / 3.0 -
Does the net zero target include all the emissions? NC 0.0 / 4.0 -
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? 2040 1.7 / 5.0 -
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 0.0 / 5.0 -
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
0.0 / 5.0 -
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
0.0 / 5.0 -
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set Well-below 2°C 7.5 / 10.0 -
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No baseline could be found
0.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No baseline could be found
0.0 / 5.0 -
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
0.0 / 5.0 -
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: 1.3°C 10.0 / 10.0 -
Total 45.2 / 100.0 -


Available Data Sources

Reporting Year 2022 2022 2021 2021 2020 2019 2019
Source Public Wikirate (NV) Public Wikirate (NV) Wikirate (NV) Wikirate (NV) Public
Publication Year 2023 2023 2023 unknown unknown 2020 2023
Scope 1 582,000 1,212,995 575,000 614,000 698,700 827,800 NA
Scope 2 - location-based NA NA NA 869,000 965,100 1,005,200 NA
Scope 2 - market-based 631,000 NA 701,000 NA NA NA NA
Scope 1-2 - location-based 582,000 1,212,995 575,000 1,483,000 1,663,800 1,833,000 0
Scope 1-2 - market-based 1,213,000 NA 1,276,000 NA NA NA NA
Scope 3 0 0 0 311,000 0 0 0
Total - location-based 582,000 1,212,995 575,000 1,794,000 1,663,800 1,833,000 0
Total - market-based 1,213,000 NA 1,276,000 NA NA NA NA

Sources

Please refer to the library for viewing the supporting documentation

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email