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 GHG Emissions Data Preview

In 2024, Bid 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).

However, Bid has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Bid amounted to 76,882 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Bid increased by 5.44%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Bid's Scope 1 Emissions Over Time

202220232024045 k90 k135 k180 ktCO2e-65%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Bid's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Bid were 63,463 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Bid reduced its Scope 1 emissions over time?

Since 2022, Bid's Scope 1 emissions have decreased by 63.05%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Bid's Scope 1 emissions increased by 4.56%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Bid's Scope 2 emissions?

In 2024, Bid reported Scope 2 greenhouse gas (GHG) emissions of 13,419 tCOâ‚‚e using the location-based method.

Has Bid reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Bid's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Bid 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Bid use for Scope 2 reporting?

In 2024, Bid reported its Scope 2 emissions using the location-based method.

Bid's Scope 2 Emissions Over Time

202220232024035 k70 k105 k140 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Bid's Value Chain Emissions

In 2024, Bid reported 140 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Bid includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Bid's Scope 3 Emissions Over Time

20222023202401.5 k3 k4.5 k6 ktCO2e-94%-54%
  • Total Scope 3
  • Year-over-Year Change

What are Bid's Scope 3 emissions?

In 2024, Bid reported total Scope 3 emissions of 140 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Bid reduced its Scope 3 emissions over time?

Since 2022, Bid's Scope 3 emissions have decreased by 97.39%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Bid's Scope 3 emissions decreased by 54.4%, highlighting the company's efforts to lower indirect emissions from its value chain.

Insights into Bid's Total Carbon Footprint

In 2024, Bid reported a total carbon footprint of 77,022 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 5.19% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Bid's total carbon footprint was Scope 1 emissions, accounting for 82.4% of the company's total carbon footprint, followed by Scope 2 emissions at 17.42%.

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