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Jeronimo Martins SGPS SA

Common Name
Jeronimo Martins
Country
Portugal
Sector
Consumer Defensive
Industry
Food Distribution
Employees
119,427
Ticker
JMT
Exchange
Euronext Lisbon
Description
Jerónimo Martins, SGPS, S.A. is a Portuguese multinational corporate group specializing in food distribution and specialised retail, with over 230 years of expertise in the food sector. It operates mo...

Jeronimo Martins's Climate Target Data Preview

As of 2025, Jeronimo Martins has disclosed 8 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 7 absolute reduction targets and 1 intensity-based target, 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 Jeronimo Martins's climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-10%a
2026
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-55%a
2033
Absolute-based Target*
Scope 1 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
-39%a
2033
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
-33%a
2033
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
-90%a
2045
Absolute-based Target*
Scope 1 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
-72%a
2050
Absolute-based Target*
Scope 3 - Total Upstream (Cat. 1+2+3+4+5+6+7+8), Scope 3 - Total Downstream (Cat. 9+10+11+12+13+14+15)
Metric Tonnes of CO2 equivalent (mtCO2e)
-90%a
2050
Intensity-based Target
Scope 3 - Upstream Transportation and Distribution (Cat. 4)
Metric Tonnes of CO2 equivalent (mtCO2e) per Pallet
-5%a, b
2026
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Jeronimo Martins’s Climate Targets 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.

a. Jeronimo Martins's Annual Report 2025
b. Jeronimo Martins's CDP Report sourced from company’s website 2025

Insights into Jeronimo Martins's Greenhouse Gas Emissions Pathways

As of 2025, Jeronimo Martins has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.ab

Does Jeronimo Martins have a target to reduce the emissions from its operations?

As of 2025, Jeronimo Martins has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a

Jeronimo Martins's most ambitious operational target is to reduce these emissions by 90% by 2045, compared to a baseline of 946,646 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.a

As of 2025, Jeronimo Martins is ahead of schedule on its operational emissions reduction target, having achieved 22.72% of the planned reduction.a

Jeronimo Martins's Operational (Scope 1+2) Emissions Pathway

20212025203320450250 k500 k750 k1 MBaselineCurrent (-20%)Target 2033 (-55%)Target 2045 (-90%)

Does Jeronimo Martins have a target to reduce the emissions from its value chain?

As of 2025, Jeronimo Martins has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 2 out of the 15 Scope 3 categories defined by the GHG Protocol.ab

Jeronimo Martins's most ambitious value chain target is to reduce these emissions by 90% by 2050, compared to a baseline of 13,974,511 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021.ab

Instead of reducing value chain emissions, Jeronimo Martins has increased them, with 2025 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target.ab

Jeronimo Martins's Value Chain (Scope 3) Emissions Pathway

20212025205004 M8 M12 M16 MBaselineCurrent (+13%)Target 2050 (-90%)
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