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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 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofSonae amounted to168,949metric 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 Sonaedecreased 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 COâ‚‚ equivalent (tCOâ‚‚e).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 tCOâ‚‚e using the market-based method and 89,601 tCOâ‚‚e 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 COâ‚‚ equivalent (tCOâ‚‚e) 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 15of 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 COâ‚‚ equivalent (tCOâ‚‚e).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 emissionshave 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 tCOâ‚‚e and total revenues of USD 10,351 millions. This translates into an emissions intensity of 7.67 tCOâ‚‚e per millions USD.a
In 2024, Sonae reported a Scope 1 emissions intensity of 7.67 tCOâ‚‚e 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 tCOâ‚‚e 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 COâ‚‚ equivalent (tCOâ‚‚e) 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