- Challenging macro-environment in operating countries with economic reforms impacting consumer purchasing power
- Change in consumer behavior impacting products and business models
- Limited number of transactable assets
- High relative valuation of food assets
Savola Group
Greenhouse gas emissions & sustainability report data
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.
Waste
149.4K metric tons (SFC); 19856 metric tons (Panda); 64.8 metric tons (HQ)
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2019 | 21.4K tons CO2-eq reduction (USC) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced Scopes 1 and 2 greenhouse gas emissions by 15% between 2019 and 2023 (Savola Foods Company)
- Recycled 10% of material used (approximately 18,084 tons) – Panda Retail Company
- Recycled 27,737 tons of oil waste into soap, biofuels, or chemical and poultry feed – Savola Foods Company
- Converted 179,688 tons of sugar waste and 37,178 tons of pasta waste into useful products – Savola Foods Company
- Replaced fluorescent lighting with 80% more efficient LED lights in Panda stores, significantly reducing power needs
- Introduced digital leaflets to replace in-store paper leaflets – Panda Retail Company
- Renewed ISO 14001 certification
🎯 Climate & Sustainability Targets
📅 Medium-term
- Reduce food waste and loss in households in the Kingdom by 2030 (Negaderha)
- Reduce emissions by 30% by 2030 (Savola Foods Company)
🌱 ESG Focus Areas
Environmental SustainabilityHuman EmpowermentBusiness DevelopmentCommunity Development