In 2024, Sonae 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).
Sonae has also provided a category-level breakdown for 15 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Location-Based | Copy/Paste is a PRO feature. | 0000000 | Copy/Paste is a PRO feature. | 0000000 |
Total Scope 3 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0000000 | Copy/Paste is a PRO feature. | Copy/Paste is a PRO feature. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Sonae amounted to 168,949 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 Sonae decreased by 8.57%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
In 2024, the total Scope 1 emissions of Sonae were 79,348 metric tons of CO₂ equivalent (tCO₂e).a
Since 2021, Sonae's Scope 1 emissions have increased by 32.36%, reflecting a rising long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Sonae's Scope 1 emissions increased by 18.23%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Sonae reported Scope 2 greenhouse gas (GHG) emissions of 73,439 tCO₂e using the market-based method and 89,601 tCO₂e using the location-based method.a
Since 2021, Sonae's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 34.09%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Sonae's Scope 2 emissions (Location-Based) fell by 23.85% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
In 2024, Sonae reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Sonae reported 9,318,730 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 Sonae includes a breakdown across 15 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
In 2024, Sonae reported total Scope 3 emissions of 9,318,730 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 85.94% of these emissions originated from upstream activities such as purchased goods and capital goods, while 14.06% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2021, Sonae's Scope 3 emissions have increased by 55.85%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Sonae's Scope 3 emissions increased by 10.94%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Sonae reported emissions for 15 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Sonae's Scope 3 emissions were:a
In 2024, Sonae reported Scope 1 greenhouse gas (GHG) emissions of 79,348 tCO₂e and total revenues of USD 10,351 millions. This translates into an emissions intensity of 7.67 tCO₂e per millions USD.a
In 2024, Sonae reported a Scope 1 emissions intensity of 7.67 tCO₂e per millions USD. Compared to the peer group median of 6.59, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Sonae ranked 15 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Sonae is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Sonae reported a total carbon footprint of 9,487,679 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 10.52% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Sonae's total carbon footprint was Scope 3 emissions, accounting for 98.22% of the company's total carbon footprint, followed by Scope 2 emissions at 0.94%.a