Sonae SGPS SA

Common Name
Sonae
Country
Portugal
Sector
Consumer Cyclical
Industry
Department Stores
Employees
36,395
Ticker
SON
Exchange
EURONEXT
Description
Sonae, SGPS, S.A. is a diversified conglomerate based in Portugal with a robust presence in retail, telecommunications, shopping centers, and real estate. The company primarily serves the European mar...

Sonae's Climate Target Data Preview

As of 2023, Sonae has disclosed 6 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 absolute reduction targets and 2 intensity-based target targets, 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 Sonae ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Upstream Leased Assets (Cat. 8), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12), Scope 3 - Downstream Leased Assets (Cat. 13)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2032
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2032
Absolute-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2032
Intensity-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
Intensity-based Target*
Scope 3 - Purchased Goods and Services (Cat. 1)
Metric Tonnes of CO2 equivalent (mtCO2e) per Square Meter (m2)
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2030
* This target is limited in scope and does not represent the company's full operational or organizational boundaries

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 Sonae's Greenhouse Gas Emissions Pathways

As of 2023, Sonae 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.

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

As of 2023, Sonae has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Sonae's most ambitious operational target is to reduce these emissions by 53% by 2032, compared to a baseline of 171,454 Metric Tonnes of CO2 equivalent (mtCO2e) in 2022.

As of 2023, Sonae is on track to meet its operational emissions reduction target, having achieved 10.94% of the planned reduction.

Sonae's Operational (Scope 1+2) Emissions Pathway

202220232032045 k90 k135 k180 kCurrent (-6%)Target 2032 (-53%)
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