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CECONOMY AG

Common Name
CECONOMY
Country
Germany
Sector
Consumer Cyclical
Industry
Specialty Retail
Employees
40,990
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 2024, 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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a
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b
0000000
Total Scope 2
Market-Based
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a
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a
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b
0000000
Location-Based
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a
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0000000
Total Scope 3
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a
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a
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a
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
0000000
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$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=CEC&reporting_period=2024"

Verified Sources Behind CECONOMY’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 CECONOMY’s data sources below and access millions more through our Disclosure Search.

a. CECONOMY's Annual Report 2024
a. CECONOMY's Annual Report 2024
b. CECONOMY's Annual Report 2023
b. CECONOMY's Annual Report 2023

Insights into CECONOMY's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofCECONOMY amounted to151,700metric 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 CECONOMYdecreased by 6.24%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

CECONOMY's Scope 1 Emissions Over Time

20192020202120222023202407 k14 k21 k28 ktCO2e-15%-2%+5%-15%+7%
  • Total Scope 1
  • Year-over-Year Change

What are CECONOMY's Scope 1 emissions?

In 2024, the total Scope 1 emissions of CECONOMY were 21,200 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has CECONOMY reduced its Scope 1 emissions over time?

Since 2019, CECONOMY's Scope 1 emissions have decreased by 20%, reflecting a declining long-term trend in Scope 1 emissions over time.a

Compared to the previous year(2023), CECONOMY's Scope 1 emissions increased by 7.07%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are CECONOMY's Scope 2 emissions?

In 2024, CECONOMY reported Scope 2 greenhouse gas (GHG) emissions of 29,900 tCOâ‚‚e using the market-based method and 130,500 tCOâ‚‚e using the location-based method.a

Has CECONOMY reduced its Scope 2 emissions over time?

Since 2019, CECONOMY's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have decreased by 47.34%, reflecting a declining long-term trend in Scope 2 emissions over time.a

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

What methodology does CECONOMY use for Scope 2 reporting?

In 2024, CECONOMY reported its Scope 2 emissions using the market-based method and using the location-based method.a

CECONOMY's Scope 2 Emissions Over Time

201920202021202220232024065 k130 k195 k260 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into CECONOMY's Value Chain Emissions

In 2024, CECONOMY reported 20,343,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of CECONOMY includes a breakdown across 11of 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.a

CECONOMY's Scope 3 Emissions Over Time

2020202120222023202407 M14 M21 M28 MtCO2e+57%+2170%-22%-2%
  • Total Scope 3
  • Year-over-Year Change

What are CECONOMY's Scope 3 emissions?

In 2024, CECONOMY reported total Scope 3 emissions of 20,343,000 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 40.71%of these emissions originated from upstream activities such as purchased goods and capital goods, while 59.29%came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), CECONOMY's Scope 3 emissions remained relatively stable, indicating that CECONOMY's emissions have plateaued with no significant change in its value chain footprint.a

What categories of Scope 3 emissions does CECONOMY disclose?

In 2024, CECONOMY 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 CECONOMY's Scope 3 emissions?

In 2024, the largest contributors to CECONOMY's Scope 3 emissions were:a

  • Use of Sold Products (Cat. 11): 11,543,400 tCOâ‚‚e(56.74%)
  • Purchased Goods and Services (Cat. 1): 7,824,500 tCOâ‚‚e(38.46%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 503,700 tCOâ‚‚e(2.48%)

CECONOMY's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(38.5%)Use of Sold Products(Cat. 11)(56.7%)End-of-LifeTreatment of SoldProducts (Cat. 12)(2.5%)

Insights into CECONOMY’s GHG Emissions Intensity Compared to Industry Peers

In 2024, CECONOMY reported Scope 1 greenhouse gas (GHG) emissions of 21,200 tCOâ‚‚e and total revenues of USD 25,068 millions. This translates into an emissions intensity of 0.85 tCOâ‚‚e per millions USD.a

CECONOMY's Scope 1 Emissions Intensity Compared to Peers

520010,000500,00020,000,000Scope 1 Emissions (tCO2e)505005,000100,0001,000,000Revenues (Millions of USD)PPumaYear: 2024Scope 1: 5,950 tCO2eRevenue: $M 9,175Scope 1 Intensity: 0.65 tCO2e/$MMercedes-Benz GroupYear: 2024Scope 1: 600,000 tCO2eRevenue: $M 151,507Scope 1 Intensity: 3.96 tCO2e/$MSurteco GroupYear: 2023Scope 1: 31,972 tCO2eRevenue: $M 924Scope 1 Intensity: 34.59 tCO2e/$MAdidasYear: 2024Scope 1: 20,844 tCO2eRevenue: $M 24,644Scope 1 Intensity: 0.85 tCO2e/$MTUIYear: 2024Scope 1: 5,507,898 tCO2eRevenue: $M 25,877Scope 1 Intensity: 212.85 tCO2e/$MHellofreshYear: 2024Scope 1: 60,624 tCO2eRevenue: $M 7,972Scope 1 Intensity: 7.60 tCO2e/$MABOUT YOU HoldingYear: 2025Scope 1: 6 tCO2eRevenue: $M 2,065Scope 1 Intensity: 0.00 tCO2e/$MAS Creation TapetenYear: 2024Scope 1: 8,638 tCO2eRevenue: $M 116Scope 1 Intensity: 74.55 tCO2e/$MJost WerkeYear: 2024Scope 1: 12,648 tCO2eRevenue: $M 1,113Scope 1 Intensity: 11.37 tCO2e/$MSaf-Holland SeYear: 2024Scope 1: 13,739 tCO2eRevenue: $M 1,953Scope 1 Intensity: 7.03 tCO2e/$MZalandoYear: 2024Scope 1: 10,928 tCO2eRevenue: $M 11,002Scope 1 Intensity: 0.99 tCO2e/$MVolkswagenYear: 2024Scope 1: 3,300,000 tCO2eRevenue: $M 337,841Scope 1 Intensity: 9.77 tCO2e/$MPPParagon GmbH & CoYear: 2024Scope 1: 658 tCO2eRevenue: $M 145Scope 1 Intensity: 4.55 tCO2e/$MDelivery HeroYear: 2024Scope 1: 46,880 tCO2eRevenue: $M 12,794Scope 1 Intensity: 3.66 tCO2e/$MAUTO1 GroupYear: 2024Scope 1: 7,528 tCO2eRevenue: $M 6,527Scope 1 Intensity: 1.15 tCO2e/$MKnorr BremseYear: 2024Scope 1: 31,000 tCO2eRevenue: $M 8,203Scope 1 Intensity: 3.78 tCO2e/$MGrammerYear: 2024Scope 1: 13,369 tCO2eRevenue: $M 2,000Scope 1 Intensity: 6.69 tCO2e/$MHugo BossYear: 2024Scope 1: 9,827 tCO2eRevenue: $M 4,482Scope 1 Intensity: 2.19 tCO2e/$MHELLA GmbH & CoYear: 2024Scope 1: 30,350 tCO2eRevenue: $M 8,351Scope 1 Intensity: 3.63 tCO2e/$MSchaefflerYear: 2024Scope 1: 194,982 tCO2eRevenue: $M 18,927Scope 1 Intensity: 10.30 tCO2e/$MBayerische Motoren WerkeYear: 2024Scope 1: 672,542 tCO2eRevenue: $M 148,163Scope 1 Intensity: 4.54 tCO2e/$MHORNBACH Holding AG & CoYear: 2025Scope 1: 29,072 tCO2eRevenue: $M 6,445Scope 1 Intensity: 4.51 tCO2e/$MDr Ing hc F PorscheYear: 2024Scope 1: 76,989 tCO2eRevenue: $M 41,710Scope 1 Intensity: 1.85 tCO2e/$MCECONOMYYear: 2024Scope 1: 21,200 tCO2eRevenue: $M 25,068Scope 1 Intensity: 0.85 tCO2e/$M

How does CECONOMY's GHG emissions intensity compare to its peers?

In 2024, CECONOMY reported a Scope 1 emissions intensity of 0.85 tCOâ‚‚e per millions USD. Compared to the peer group median of 4.51, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does CECONOMY rank on GHG emissions intensity within its industry?

In 2024, CECONOMY ranked 3 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places CECONOMY among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into CECONOMY's Total Carbon Footprint

In 2024, CECONOMY reported a total carbon footprint of 20,494,700 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.77% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to CECONOMY's total carbon footprint was Scope 3 emissions, accounting for 99.26% of the company's total carbon footprint, followed by Scope 2 emissions at 0.64%.a

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