CECONOMY AG

Common Name
CECONOMY
Country
Germany
Sector
Consumer Cyclical
Industry
Specialty Retail
Employees
42,863
Ticker
CEC
Exchange
XETRA
Description
Ceconomy AG is a prominent German retail company specializing in consumer electronics. As the owner of the well-known MediaMarkt and Saturn retail chains, Ceconomy AG focuses on providing a wide range...

CECONOMY's GHG Emissions Data Preview

In 2023, CECONOMY 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).

CECONOMY 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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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 CECONOMY's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of CECONOMY amounted to 42,900 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 2022, the total operational greenhouse gas (GHG) emissions of CECONOMY decreased by 38.54%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

CECONOMY's Scope 1 Emissions Over Time

20182019202020212022202307.5 k15 k22.5 k30 ktCO2e-7%-15%-2%+5%-15%
  • Total Scope 1
  • Year-over-Year Change

What are CECONOMY's Scope 1 emissions?

In 2023, the total Scope 1 emissions of CECONOMY were 19,800 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has CECONOMY reduced its Scope 1 emissions over time?

Since 2018, CECONOMY's Scope 1 emissions have decreased by 30.53%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), CECONOMY's Scope 1 emissions decreased by 14.66%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are CECONOMY's Scope 2 emissions?

In 2023, CECONOMY reported Scope 2 greenhouse gas (GHG) emissions of 23,100 tCOâ‚‚e using the market-based method.

Has CECONOMY reduced its Scope 2 emissions over time?

Compared to the previous year (2022), CECONOMY's Scope 2 emissions (Market-Based) fell by 50.43% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does CECONOMY use for Scope 2 reporting?

In 2023, CECONOMY reported its Scope 2 emissions using the market-based method.

CECONOMY's Scope 2 Emissions Over Time

201820192020202120222023070 k140 k210 k280 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into CECONOMY's Value Chain Emissions

In 2023, CECONOMY reported 24,630,100 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 2023 disclosure of CECONOMY includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.

CECONOMY's Scope 3 Emissions Over Time

202020212022202307 M14 M21 M28 MtCO2e+57%+2194%-8%
  • Total Scope 3
  • Year-over-Year Change

What are CECONOMY's Scope 3 emissions?

In 2023, CECONOMY reported total Scope 3 emissions of 24,630,100 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 27.34% of these emissions originated from upstream activities such as purchased goods and capital goods, while 72.66% came from downstream activities like product use, distribution, and end-of-life treatment.

Compared to the previous year (2022), CECONOMY's Scope 3 emissions remained relatively stable, indicating that CECONOMY 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does CECONOMY disclose?

In 2023, CECONOMY reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of CECONOMY's Scope 3 emissions?

In 2023, the largest contributors to CECONOMY's Scope 3 emissions were:

  • Use of Sold Products (Cat. 11): 17,147,800 tCOâ‚‚e (69.62%)
  • Purchased Goods and Services (Cat. 1): 6,310,600 tCOâ‚‚e (25.62%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 742,900 tCOâ‚‚e (3.02%)

CECONOMY's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(69.6%)Purchased Goods andServices (Cat. 1)(25.6%)End-of-LifeTreatment of SoldProducts (Cat. 12)(3.0%)

Insights into CECONOMY's Total Carbon Footprint

In 2023, CECONOMY reported a total carbon footprint of 24,673,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 7.71% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to CECONOMY's total carbon footprint was Scope 3 emissions, accounting for 99.83% of the company's total carbon footprint, followed by Scope 2 emissions at 0.09%.