In 2024, J. Front Retailing 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).
J. Front Retailing 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 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 14,430a | 14,021a | 13,714a | |
Total Scope 2 | ||||
Market-Based | 52,695a | 68,736a | 96,071a | |
Location-Based | 136,692a | 142,935a | 146,810a | |
Total Scope 3 | 2,247,051a | 2,898,436a | 2,761,669a | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 5.3414a | 5.3139a | 4.7819a |
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In 2024, the total operational greenhouse gas (GHG) emissions of J. Front Retailing amounted to 151,122 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 J. Front Retailing decreased by 3.72%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of J. Front Retailing were 14,430 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, J. Front Retailing's Scope 1 emissions have decreased by 5.15%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), J. Front Retailing's Scope 1 emissions increased by 2.92%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, J. Front Retailing reported Scope 2 greenhouse gas (GHG) emissions of 52,695 tCO₂e using the market-based method and 136,692 tCO₂e using the location-based method.a
Since 2019, J. Front Retailing's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 21.48%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), J. Front Retailing's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that J. Front Retailing's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, J. Front Retailing reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, J. Front Retailing reported 2,247,051 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 J. Front Retailing includes a breakdown across 11 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.a
In 2024, J. Front Retailing reported total Scope 3 emissions of 2,247,051 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 92.45% of these emissions originated from upstream activities such as purchased goods and capital goods, while 7.55% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, J. Front Retailing's Scope 3 emissions have decreased by 40.59%, reflecting a declining long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), J. Front Retailing's Scope 3 emissions decreased by 22.47%, highlighting the company's efforts to lower indirect emissions from its value chain.a
In 2024, J. Front Retailing 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.
In 2024, the largest contributors to J. Front Retailing's Scope 3 emissions were:a
In 2024, J. Front Retailing reported Scope 1 greenhouse gas (GHG) emissions of 14,430 tCO₂e and total revenues of USD 2,702 millions. This translates into an emissions intensity of 5.34 tCO₂e per millions USD.a
In 2024, J. Front Retailing reported a Scope 1 emissions intensity of 5.34 tCO₂e per millions USD. Compared to the peer group median of 7.25, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, J. Front Retailing ranked 10 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
J. Front Retailing is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, J. Front Retailing reported a total carbon footprint of 2,398,173 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.51% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to J. Front Retailing's total carbon footprint was Scope 3 emissions, accounting for 93.7% of the company's total carbon footprint, followed by Scope 2 emissions at 5.7%.a