Public Profile

Massmart Holdings

Massmart Holdings, a prominent retail and wholesale company headquartered in South Africa (ZA), has established itself as a key player in the retail industry since its founding in 1990. Operating primarily in Southern Africa, Massmart is renowned for its diverse portfolio, which includes well-known brands such as Game, Makro, and Builders Warehouse. The company focuses on a variety of sectors, including general merchandise, food, and home improvement, offering a unique blend of products that cater to both consumers and businesses. Massmart's commitment to value and quality has solidified its market position, making it a trusted choice for millions of customers. With a strong emphasis on innovation and customer service, Massmart continues to achieve significant milestones, reinforcing its status as a leader in the retail landscape.

DitchCarbon Score

How does Massmart Holdings's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

39

Industry Average

Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

27

Industry Benchmark

Massmart Holdings's score of 39 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

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Massmart Holdings's reported carbon emissions

In 2020, Massmart Holdings reported significant carbon emissions, totalling approximately 43,999,000 kg CO2e for Scope 1 and about 436,265,000 kg CO2e for Scope 2. This data highlights the company's substantial operational footprint, with a combined total of around 480,264,000 kg CO2e from these two scopes. Massmart has not disclosed any Scope 3 emissions data, which typically includes indirect emissions from the supply chain and product use. Furthermore, there are currently no documented reduction targets or climate pledges from the company, indicating a potential area for improvement in their climate strategy. The emissions intensity for Scope 2 was reported at approximately 5,040 kg CO2e per million ZAR in revenue for 2020, reflecting the company's operational efficiency in relation to its financial performance. As Massmart continues to navigate its environmental impact, the absence of specific reduction initiatives or targets suggests a need for enhanced commitment to climate action and sustainability practices within the retail sector in South Africa.

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2020
Scope 1
43,999,000
Scope 2
436,265,000
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Massmart Holdings's primary industry is Retail trade services, except of motor vehicles and motorcycles; repair services of personal and household goods (52), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Massmart Holdings is in ZA, which has a very high grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Massmart Holdings is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers