- High inflation and interest rates suppressed consumer demand
- Unseasonably warm weather negatively impacted Autumn/Winter range launch
- Growth plan was too ambitious, overstretching capabilities
- Weaker second half sales performance
- Higher costs impacted profitability
Pepco Group N.V.
Greenhouse gas emissions & sustainability report data
In its 2022-10 to 2023-09 reporting, Pepco Group N.V. disclosed greenhouse gas emissions of 101.7K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
101.7K tCO2e/year
2022-10 to 2023-09
Renewable Energy
100% (Poundland)
of total energy
Waste
21.3K tons/year (Poundland)
2022-10 to 2023-09
Energy Use
1.0K TJ/year
2022-10 to 2023-09
✅ Reported Environmental Achievements
- Reduced the carbon intensity of operations (Scope 1 and 2 emissions intensity: -18.3% YoY)
- Less than 1% of operational waste sent to landfill in Poundland
- Poundland upgraded its refrigeration fleet with doors, increasing energy efficiency by 80%
- Poundland sources 100% renewable electricity
🎯 Climate & Sustainability Targets
🔜 Short-term
- Reduce all waste by 50% by 2024 (Poundland)
- Reduce water consumption (through supplier engagement and industry initiatives)
📅 Medium-term
- Source at least 25% of cotton from sustainable crops by 2025
- Reduce packaging by 20% by 2025
- Use 30% recycled materials in packaging by 2025
🔭 Long-term
- Develop a net zero strategy covering scopes 1, 2, and 3
🌱 ESG Focus Areas
Greener environmentBetter productsResilient businessStrong societyExceptional employerValued supply chain