Pick N Pay Stores Ltd

Common Name
Pick N Pay Stores
Country
South Africa
Sector
Consumer Cyclical
Industry
Department Stores
Employees
90,000
Ticker
PIK
Exchange
JOHANNESBURG STOCK EXCHANGE
Description
Pick n Pay Stores Ltd. is a prominent retail company operating primarily in South Africa, with a significant presence in the Sub-Saharan region. Known for its chain of supermarkets, discount stores, a...

Pick N Pay Stores's Climate Target Data Preview

As of 2024, Pick N Pay Stores has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction 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 Pick N Pay Stores ’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)
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2040

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Pick N Pay Stores's Greenhouse Gas Emissions Pathways

As of 2024, Pick N Pay Stores has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.

Does Pick N Pay Stores have a target to reduce the emissions from its operations?

As of 2024, Pick N Pay Stores has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Pick N Pay Stores's most ambitious operational target is to reduce these emissions by 60% by 2040, compared to a baseline of 1,000,558 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

Instead of reducing operational emissions, Pick N Pay Stores has increased them, with 2024 levels exceeding those of the 2022 baseline, placing the company well behind its reduction target.

Pick N Pay Stores's Operational (Scope 1+2) Emissions Pathway

2022202420400350 k700 k1.05 M1.4 MBaselineCurrent (+20%)Target 2040 (-60%)
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