Loblaw Companies Ltd

Common Name
Loblaw Companies
Country
Canada
Sector
Consumer Defensive
Industry
Grocery Stores
Employees
220,000
Ticker
L
Exchange
TORONTO STOCK EXCHANGE
Description
Loblaw Companies Ltd. is a leading Canadian food and pharmacy retailer. It operates one of the largest networks of grocery stores across the country under various brand names, including Loblaws, Zehrs...

Loblaw Companies's GHG Emissions Data Preview

In 2023, Loblaw Companies 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) and Scope 2 (indirect emissions from purchased energy).

However, Loblaw Companies has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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a
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0000000
Total Scope 2
Market-Based
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a
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a
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0000000
Location-Based
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a
0000000
Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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a
0000000
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Verified Sources Behind Loblaw Companies’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 Loblaw Companies’s data sources below and access millions more through our Disclosure Search.

a. Loblaw Companies's ESG Report 2023
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b. Loblaw Companies's ESG Report 2022
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Insights into Loblaw Companies's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Loblaw Companies amounted to 1,118,552 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 2022, the total operational greenhouse gas (GHG) emissions of Loblaw Companies decreased by 3.53%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Loblaw Companies's Scope 1 Emissions Over Time

20202021202220230250 k500 k750 k1 MtCO2e-7%-2%-3%
  • Total Scope 1
  • Year-over-Year Change

What are Loblaw Companies's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Loblaw Companies were 726,052 metric tons of CO₂ equivalent (tCO₂e). a

Has Loblaw Companies reduced its Scope 1 emissions over time?

Since 2020, Loblaw Companies's Scope 1 emissions have decreased by 12.2%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Loblaw Companies's Scope 1 emissions decreased by 3.49%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Loblaw Companies's Scope 2 emissions?

In 2023, Loblaw Companies reported Scope 2 greenhouse gas (GHG) emissions of 388,300 tCO₂e using the market-based method and 392,500 tCO₂e using the location-based method. a

Has Loblaw Companies reduced its Scope 2 emissions over time?

Since 2020, Loblaw Companies's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Loblaw Companies 's emissions have plateaued with no significant change in its energy consumption footprint. a

Compared to the previous year (2022), Loblaw Companies's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Loblaw Companies 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Loblaw Companies use for Scope 2 reporting?

In 2023, Loblaw Companies reported its Scope 2 emissions using the market-based method and using the location-based method. a

Loblaw Companies's Scope 2 Emissions Over Time

20202021202220230150 k300 k450 k600 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
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