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.
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.
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.
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.
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.
Access structured emissions data, company-specific emission factors, and source documents
2020 | |
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Scope 1 | 43,999,000 |
Scope 2 | 436,265,000 |
Scope 3 | - |
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.