Sprouts Farmers Market Inc

Common Name
Sprouts Farmers Market
Country
United States
Sector
Consumer Defensive
Industry
Grocery Stores
Employees
35,000
Ticker
SFM
Exchange
NASDAQ/NGS
Description
Sprouts Farmers Market Inc. operates as a specialty food retailer, focusing on offering fresh, natural, and organic produce at competitive prices. Headquartered in Phoenix, Arizona, this chain is reno...

Sprouts Farmers Market's GHG Emissions Data Preview

In 2023, Sprouts Farmers Market 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).

Sprouts Farmers Market has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Unspecified Calculation Method
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Total Scope 3
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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 Sprouts Farmers Market's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Sprouts Farmers Market amounted to 266,866 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 Sprouts Farmers Market increased by 287.16%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Sprouts Farmers Market's Scope 1 Emissions Over Time

20192020202120222023035 k70 k105 k140 ktCO2e-20%+103%
  • Total Scope 1
  • Year-over-Year Change

What are Sprouts Farmers Market's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Sprouts Farmers Market were 139,735 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Sprouts Farmers Market reduced its Scope 1 emissions over time?

Since 2019, Sprouts Farmers Market's Scope 1 emissions have increased by 43.78%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2022), Sprouts Farmers Market's Scope 1 emissions increased by 102.72%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Sprouts Farmers Market's Scope 2 emissions?

In 2023, Sprouts Farmers Market reported Scope 2 greenhouse gas (GHG) emissions of 127,131 tCOâ‚‚e using the market-based method.

What methodology does Sprouts Farmers Market use for Scope 2 reporting?

In 2023, Sprouts Farmers Market reported its Scope 2 emissions using the market-based method.

Sprouts Farmers Market's Scope 2 Emissions Over Time

20192020202120222023035 k70 k105 k140 ktCO2e
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Sprouts Farmers Market's Value Chain Emissions

In 2023, Sprouts Farmers Market reported 2,449,013 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 Sprouts Farmers Market includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, up from 2 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Sprouts Farmers Market's Scope 3 Emissions Over Time

201920202021202220230650 k1.3 M1.95 M2.6 MtCO2e-90%+766%-71%+2812%
  • Total Scope 3
  • Year-over-Year Change

What are Sprouts Farmers Market's Scope 3 emissions?

In 2023, Sprouts Farmers Market reported total Scope 3 emissions of 2,449,013 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 95.79% of these emissions originated from upstream activities such as purchased goods and capital goods, while 4.21% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Sprouts Farmers Market reduced its Scope 3 emissions over time?

Since 2019, Sprouts Farmers Market's Scope 3 emissions have increased by 626.22%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2022), Sprouts Farmers Market's Scope 3 emissions increased by 2,812.13%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Sprouts Farmers Market disclose?

In 2023, Sprouts Farmers Market reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Sprouts Farmers Market's Scope 3 emissions?

In 2023, the largest contributors to Sprouts Farmers Market's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 2,145,562 tCOâ‚‚e (87.61%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 103,074 tCOâ‚‚e (4.21%)
  • Upstream Transportation and Distribution (Cat. 4): 74,479 tCOâ‚‚e (3.04%)

Sprouts Farmers Market's Scope 3 Emissions by Categories

End-of-LifeTreatment of SoldProducts (Cat. 12)(4.2%)Purchased Goods andServices (Cat. 1)(87.6%)UpstreamTransportation andDistribution(Cat. 4)(3.0%)

Insights into Sprouts Farmers Market's Total Carbon Footprint

In 2023, Sprouts Farmers Market reported a total carbon footprint of 2,715,879 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1,674.77% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Sprouts Farmers Market's total carbon footprint was Scope 3 emissions, accounting for 90.17% of the company's total carbon footprint, followed by Scope 1 emissions at 5.15%.

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