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 GHG Emissions Data Preview

In 2023, 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 13 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Market-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Location-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected GHG emissions 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 Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Sonae amounted to 187,900 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Sonae decreased by 7.1%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Sonae's Scope 1 Emissions Over Time

202120222023020 k40 k60 k80 ktCO2e+11%+5%
  • Total Scope 1
  • Year-over-Year Change

What are Sonae's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Sonae were 69,400 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Sonae reduced its Scope 1 emissions over time?

Since 2021, Sonae's Scope 1 emissions have increased by 15.77%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Sonae's Scope 1 emissions increased by 4.51%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Sonae's Scope 2 emissions?

In 2023, Sonae reported Scope 2 greenhouse gas (GHG) emissions of 88,168 tCOâ‚‚e using the market-based method, and 118,500 tCOâ‚‚e using the location-based method.

Has Sonae reduced its Scope 2 emissions over time?

Since 2021, Sonae's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 12.83%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2022), Sonae's Scope 2 emissions (Location-Based) fell by 12.78% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.

What methodology does Sonae use for Scope 2 reporting?

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

Sonae's Scope 2 Emissions Over Time

202120222023035 k70 k105 k140 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Sonae's Value Chain Emissions

In 2023, Sonae reported 5,938,838 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Sonae includes a breakdown across 13 of the 15 Scope 3 categories defined by the GHG Protocol, up from 12 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Sonae's Scope 3 Emissions Over Time

20212022202302 M4 M6 M8 MtCO2e+17%-15%
  • Total Scope 3
  • Year-over-Year Change

What are Sonae's Scope 3 emissions?

In 2023, Sonae reported total Scope 3 emissions of 5,938,838 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 83.97% of these emissions originated from upstream activities such as purchased goods and capital goods, while 16.03% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Sonae reduced its Scope 3 emissions over time?

Since 2021, Sonae's Scope 3 emissions have remained relatively stable, indicating that Sonae 's emissions have plateaued with no significant change in its value chain footprint.

Compared to the previous year (2022), Sonae's Scope 3 emissions decreased by 15.36%, highlighting the company's efforts to lower indirect emissions from its value chain.

What categories of Scope 3 emissions does Sonae disclose?

In 2023, Sonae reported emissions for 13 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

What are the main sources of Sonae's Scope 3 emissions?

In 2023, the largest contributors to Sonae's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 4,848,792 tCOâ‚‚e (81.65%)
  • Use of Sold Products (Cat. 11): 914,801 tCOâ‚‚e (15.4%)
  • Upstream Transportation and Distribution (Cat. 4): 52,487 tCOâ‚‚e (0.88%)

Sonae's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(81.6%)Use of Sold Products(Cat. 11)(15.4%)

Insights into Sonae's Total Carbon Footprint

In 2023, Sonae reported a total carbon footprint of 6,126,738 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 15.13% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Sonae's total carbon footprint was Scope 3 emissions, accounting for 96.93% of the company's total carbon footprint, followed by Scope 2 emissions at 1.93%.

Want Full Access to Sonae's GHG Emissions Dataset?
Sign Up