Axfood AB
Axfood's GHG Emissions Data Preview
In 2024, Axfood completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Axfood has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Location-Based | Copy/Paste is a PRO feature.  a | 0000000 | Copy/Paste is a PRO feature.  b | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature.  a | Copy/Paste is a PRO feature.  b | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature.  b | Copy/Paste is a PRO feature.  b | 0000000 |
b
b
b
bVerified Sources Behind Axfood’s Greenhouse Gas (GHG) Emissions Data
Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Axfood’s data sources below and access millions more through our Disclosure Search.
Insights into Axfood's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of Axfood amounted to 10,885 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Axfood decreased by 67.1%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
Axfood's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Axfood's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Axfood were 5,430 metric tons of CO₂ equivalent (tCO₂e).a
Has Axfood reduced its Scope 1 emissions over time?
Since 2020, Axfood's Scope 1 emissions have decreased by 65.12%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year (2023), Axfood's Scope 1 emissions decreased by 55.58%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
What are Axfood's Scope 2 emissions?
In 2024, Axfood reported Scope 2 greenhouse gas (GHG) emissions of 2,784 tCO₂e using the market-based method and 5,455 tCO₂e using the location-based method.a
Has Axfood reduced its Scope 2 emissions over time?
Since 2020, Axfood's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 66.09%, reflecting a declining long-term trend in Scope 2 emissions over time.ac
Compared to the previous year (2023), Axfood's Scope 2 emissions (Location-Based) fell by 73.85% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
What methodology does Axfood use for Scope 2 reporting?
In 2024, Axfood reported its Scope 2 emissions using the market-based method and using the location-based method.a
Axfood's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Axfood's Value Chain Emissions
In 2024, Axfood reported 4,132,058 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Axfood includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 4 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
Axfood's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Axfood's Scope 3 emissions?
In 2024, Axfood reported total Scope 3 emissions of 4,132,058 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 99.65% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.35% came from downstream activities like product use, distribution, and end-of-life treatment.a
Has Axfood reduced its Scope 3 emissions over time?
Since 2020, Axfood's Scope 3 emissions have increased by 18,939.99%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Axfood's Scope 3 emissions increased by 52.73%, suggesting that the company faced challenges in reducing emissions across its value chain.ab
What categories of Scope 3 emissions does Axfood disclose?
In 2024, Axfood reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Axfood's Scope 3 emissions?
In 2024, the largest contributors to Axfood's Scope 3 emissions were:a
- Purchased Goods and Services (Cat. 1): 3,628,161 tCO₂e (87.81%)
- Downstream Transportation and Distribution (Cat. 9): 291,640 tCO₂e (7.06%)
- Capital Goods (Cat. 2): 124,640 tCO₂e (3.02%)
Axfood's Scope 3 Emissions by Categories
Insights into Axfood’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Axfood reported Scope 1 greenhouse gas (GHG) emissions of 5,430 tCO₂e and total revenues of USD 7,627 millions. This translates into an emissions intensity of 0.71 tCO₂e per millions USD.a
Axfood's Scope 1 Emissions Intensity Compared to Peers
How does Axfood's GHG emissions intensity compare to its peers?
In 2024, Axfood reported a Scope 1 emissions intensity of 0.71 tCO₂e per millions USD. Compared to the peer group median of 12.44, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Axfood rank on GHG emissions intensity within its industry?
In 2024, Axfood ranked 2 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Axfood among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Axfood's Total Carbon Footprint
In 2024, Axfood reported a total carbon footprint of 4,142,943 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 51.28% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab
The largest contributor to Axfood's total carbon footprint was Scope 3 emissions, accounting for 99.74% of the company's total carbon footprint, followed by Scope 2 emissions at 0.13%.a