Bid Corporation Ltd

Common Name
Bid
Country
South Africa
Sector
Consumer Defensive
Industry
Food Distribution
Employees
29,112
Ticker
BID
Exchange
JOHANNESBURG STOCK EXCHANGE
Description
Bid Corporation Limited, commonly referred to as Bidcorp, is a globally recognized company specializing predominantly in the foodservice industry. Operating as a subsidiary of the Bidvest Group Limite...

Bid's Climate Target Data Preview

As of 2024, Bid has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 2 intensity-based targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Bid ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Waste Generated in Operations (Cat. 5)
Metric Tonnes of CO2 equivalent (mtCO2e) per South African Rand (ZAR) of Revenue
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2025
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Waste Generated in Operations (Cat. 5)
Metric Tonnes of CO2 equivalent (mtCO2e) per South African Rand (ZAR) of Revenue
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2034
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Bid's Greenhouse Gas Emissions Pathways

As of 2024, Bid has set greenhouse gas (GHG) emissions reduction targets that cover only its total carbon footprint, without separate targets for operational (Scope 1 and 2) or value chain (Scope 3) emissions. This limits the ability to track progress across distinct emissions categories.

Does Bid have a target to reduce its total carbon footprint?

As of 2024, Bid has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Bid's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 0.003 Metric Tonnes of CO2 equivalent (mtCO2e) per South African Rand (ZAR) of Revenue in 2018, by 25% by 2025.

Bid has already surpassed its total carbon footprint reduction target, with 2024 levels falling below the 2025 value, achieving its climate goal ahead of schedule.

Bid's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20182024202500000BaselineCurrent (-34%)
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