Ica Gruppen
Ica Gruppen AB, commonly referred to as Ica Gruppen, is a leading retail and grocery company headquartered in Sweden (SE). Established in 1938, the company has grown to become a significant player in the Nordic grocery market, primarily operating in Sweden and parts of the Baltic region. Ica Gruppen's core business areas include grocery retail, pharmacy services, and banking, with a strong emphasis on sustainability and local sourcing. The company is renowned for its extensive range of private label products, which are designed to meet diverse consumer needs while ensuring quality and affordability. With a robust market position, Ica Gruppen has achieved notable milestones, including the introduction of innovative digital solutions to enhance customer experience. Its commitment to sustainability and community engagement further solidifies its reputation as a trusted brand in the industry.
DitchCarbon Score
How does Ica Gruppen'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.
Industry Average
Mean score of companies in the Food Product Manufacturing 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.
Industry Benchmark
Ica Gruppen's score of 58 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Ica Gruppen's reported carbon emissions
In 2023, Ica Gruppen reported total carbon emissions of approximately 92,887,000 kg CO2e, comprising 9,577,000 kg CO2e from Scope 1, 2,879,000 kg CO2e from Scope 2, and a significant 80,431,000 kg CO2e from Scope 3 emissions. The following year, 2024, emissions increased to about 97,735,000 kg CO2e, although specific scope breakdowns for this year were not disclosed. Ica Gruppen has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2050. Near-term targets include a 42% reduction in absolute Scope 1 and 2 emissions by 2030, using 2022 as the baseline year. Additionally, the company aims to reduce absolute Scope 3 emissions by the same percentage within the same timeframe. Notably, Ica Gruppen has also committed to reducing Scope 3 FLAG emissions by 30.3% by 2030 and has set a target for no deforestation linked to its primary commodities by December 2025. Long-term goals include a 90% reduction in absolute Scope 1 and 2 emissions and a 90% reduction in Scope 3 emissions by 2050, both from a 2022 baseline. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Ica Gruppen's commitment to addressing climate change in line with the Paris Agreement's 1.5°C goal. The emissions data and targets are cascaded from the parent company, ICA Gruppen AB (publ), ensuring a unified approach to sustainability across its operations.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 38,670,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 35,567,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 72,607,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Industry emissions intensity
Location emissions intensity
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.
Ica Gruppen is participating in some 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.
