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Jumbo SA

Common Name
Jumbo
Country
Greece
Sector
Consumer Cyclical
Industry
Specialty Retail
Employees
6,026
Ticker
BELA
Exchange
Athens Exchange Group
Description
Jumbo S.A. is a prominent player in the retail industry, primarily operating in the markets of Greece and the Balkans. As a retail company, its core function is the procurement and sale of a diverse r...

Jumbo's GHG Emissions Data Preview

In 2024, Jumbo 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).

Jumbo has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021-2019
Total Scope 1
2,654.44a
N/AN/A
Total Scope 2
Market-Based
27,506.96a
N/AN/A
Location-Based
33,091.02a
38,284.063b
45,513.598b
Total Scope 3
15,589.04a
N/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
2.2184a
N/AN/A
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Verified Sources Behind Jumbo’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.

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

Insights into Jumbo's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Jumbo amounted to 35,745.46 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 Jumbo decreased by 6.63%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Jumbo's Scope 1 Emissions Over Time

202407001.4 k2.1 k2.8 ktCO2e
  • Total Scope 1
  • Year-over-Year Change

What are Jumbo's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Jumbo were 2,654.44 metric tons of CO₂ equivalent (tCO₂e).a

What are Jumbo's Scope 2 emissions?

In 2024, Jumbo reported Scope 2 greenhouse gas (GHG) emissions of 27,506.96 tCO₂e using the market-based method and 33,091.02 tCO₂e using the location-based method.a

Has Jumbo reduced its Scope 2 emissions over time?

Since 2022, Jumbo's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 27.29%, reflecting a declining long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2023), Jumbo's Scope 2 emissions (Location-Based) fell by 13.56% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab

What methodology does Jumbo use for Scope 2 reporting?

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

Jumbo's Scope 2 Emissions Over Time

202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Jumbo's Value Chain Emissions

In 2024, Jumbo reported 15,589.04 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 Jumbo includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Jumbo's Scope 3 Emissions Over Time

202404 k8 k12 k16 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Jumbo's Scope 3 emissions?

In 2024, Jumbo reported total Scope 3 emissions of 15,589.04 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 55.97% of these emissions originated from upstream activities such as purchased goods and capital goods, while 44.03% came from downstream activities like product use, distribution, and end-of-life treatment.a

What categories of Scope 3 emissions does Jumbo disclose?

In 2024, Jumbo reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

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

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

  • Fuel- and Energy-Related Services (Cat. 3): 8,198.5 tCO₂e (52.59%)
  • Franchises (Cat. 14): 6,863.93 tCO₂e (44.03%)
  • Business Travel (Cat. 6): 488.15 tCO₂e (3.13%)

Jumbo's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(3.1%)Franchises (Cat. 14)(44.0%)Fuel- andEnergy-RelatedServices (Cat. 3)(52.6%)

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

In 2024, Jumbo reported Scope 1 greenhouse gas (GHG) emissions of 2,654.44 tCO₂e and total revenues of USD 1,197 millions. This translates into an emissions intensity of 2.22 tCO₂e per millions USD.a

Jumbo's Scope 1 Emissions Intensity Compared to Peers

205005,000100,0001,000,000Scope 1 Emissions (tCO2e)1005002,00020,000100,000Revenues (Millions of USD)CurrysYear: 2025Scope 1: 15,238 tCO2eRevenue: $M 11,604Scope 1 Intensity: 1.31 tCO2e/$MCECONOMYYear: 2025Scope 1: 19,500 tCO2eRevenue: $M 27,072Scope 1 Intensity: 0.72 tCO2e/$MDunelm GroupYear: 2025Scope 1: 9,258 tCO2eRevenue: $M 2,432Scope 1 Intensity: 3.81 tCO2e/$MAldrees Petroleum and Transport ServicesYear: 2024Scope 1: 314,420 tCO2eRevenue: $M 5,136Scope 1 Intensity: 61.22 tCO2e/$MLagardereYear: 2025Scope 1: 12,815 tCO2eRevenue: $M 11,078Scope 1 Intensity: 1.16 tCO2e/$MAcademy Sports and OutdoorsYear: 2024Scope 1: 11,972 tCO2eRevenue: $M 5,933Scope 1 Intensity: 2.02 tCO2e/$MBath & Body WorksYear: 2025Scope 1: 20,486 tCO2eRevenue: $M 7,291Scope 1 Intensity: 2.81 tCO2e/$MFrasers GroupYear: 2025Scope 1: 33,577 tCO2eRevenue: $M 6,565Scope 1 Intensity: 5.11 tCO2e/$MJarir MarketingYear: 2020Scope 1: 1,295 tCO2eRevenue: $M 2,480Scope 1 Intensity: 0.52 tCO2e/$MCard FactoryYear: 2025Scope 1: 1,136 tCO2eRevenue: $M 746Scope 1 Intensity: 1.52 tCO2e/$MDFS FurnitureYear: 2024Scope 1: 14,441 tCO2eRevenue: $M 1,248Scope 1 Intensity: 11.57 tCO2e/$MGrupo SBFYear: 2023Scope 1: 3,621 tCO2eRevenue: $M 1,441Scope 1 Intensity: 2.51 tCO2e/$MC&A ModasYear: 2024Scope 1: 6,354 tCO2eRevenue: $M 1,236Scope 1 Intensity: 5.14 tCO2e/$MAO WorldYear: 2025Scope 1: 19,943 tCO2eRevenue: $M 1,472Scope 1 Intensity: 13.55 tCO2e/$MFenix Outdoor InternationalYear: 2025Scope 1: 1,428 tCO2eRevenue: $M 817Scope 1 Intensity: 1.75 tCO2e/$MIVS GroupYear: 2024Scope 1: 19,948 tCO2eRevenue: $M 722Scope 1 Intensity: 27.64 tCO2e/$MMatasYear: 2025Scope 1: 628 tCO2eRevenue: $M 1,215Scope 1 Intensity: 0.52 tCO2e/$MMobilezone HoldingYear: 2024Scope 1: 543 tCO2eRevenue: $M 1,110Scope 1 Intensity: 0.49 tCO2e/$MWH SmithYear: 2024Scope 1: 1,371 tCO2eRevenue: $M 1,939Scope 1 Intensity: 0.71 tCO2e/$MPets at Home GroupYear: 2024Scope 1: 12,632 tCO2eRevenue: $M 1,869Scope 1 Intensity: 6.76 tCO2e/$MMizunoYear: 2024Scope 1: 4,076 tCO2eRevenue: $M 1,517Scope 1 Intensity: 2.69 tCO2e/$MNew Wave GroupYear: 2025Scope 1: 3,226 tCO2eRevenue: $M 1,089Scope 1 Intensity: 2.96 tCO2e/$MSanrioYear: 2023Scope 1: 1,598 tCO2eRevenue: $M 545Scope 1 Intensity: 2.93 tCO2e/$MClas OhlsonYear: 2024Scope 1: 85 tCO2eRevenue: $M 928Scope 1 Intensity: 0.09 tCO2e/$MPlaisio ComputersYear: 2024Scope 1: 475 tCO2eRevenue: $M 500Scope 1 Intensity: 0.95 tCO2e/$MJumboYear: 2024Scope 1: 2,654 tCO2eRevenue: $M 1,197Scope 1 Intensity: 2.22 tCO2e/$M

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

In 2024, Jumbo reported a Scope 1 emissions intensity of 2.22 tCO₂e per millions USD. Compared to the peer group median of 2.51, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

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

In 2024, Jumbo ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Jumbo is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Jumbo's Total Carbon Footprint

In 2024, Jumbo reported a total carbon footprint of 51,334.5 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 34.09% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Jumbo's total carbon footprint was Scope 2 emissions, accounting for 64.46% of the company's total carbon footprint, followed by Scope 3 emissions at 30.37%.a

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