Carrefour

Carrefour has conducted a TCFD-aligned scenario analysis and describes the physical and market risks it has identified. The company identifies reducing animal protein consumption as the key risk related to animal agriculture. Carrefour recognises the climate opportunity presented by plant-based diets and states it promotes its consumption by offering a wide vegetarian range and alternatives to meat and dairy products across its markets.

In 2022, Carrefour reported that 23.1% of its Scope 3 emissions were from meat and poultry, 6.6% were from cooked meats, and 1.1% were from cheese. The company has not included updated figures for 2023 in its reporting.

Carrefour has submitted its 1.5C aligned Scope 3 emission reduction targets, including FLAG emissions to the SBTi for approval. This submissions builds on the company's current below 2C targets for its Scope 3 emissions which was a reduction of 29% by 2030 from a 2019 baseline.

Carrefour has quantified that promoting a more plant-based diet can reduce 7% of the companies scope 3 emissions by 2030 from a 2019 baseline.

In 2022 Carrefour set a target to increase plant-based sales to €500 million by 2026. In 2024 the company met its sales target when it updated its methodology to include legumes, as requested by stakeholders, and reacted by increasing the target to €650 million by 2026.

The target is timebound to 2026.

Carrefour's protein diversification target is currently only applicable to its European operations.

Carrefour's protein diversification target is a key element to achieving its SBTi-approved Scope 3 target. There is no evidence the target is aligned with national or global health guidelines for dietary transition.

The company has reported the sales of plant-based alternatives amounted to 514 million euros in Europe for FY2023 against its target of 650 million euros by 2026.

The company discloses that the sales of plant-based alternatives in Europe amounted to 514 million euros in FY2023 and 300 million euros in FY2022.

Carrefour's board oversees the company's climate-related strategy, including the company's climate plan, which encompasses its protein diversification target. Additionally, board members are part of the Group's CSR Committee. In 2023, the committee reviewed the company's food transition strategy and emissions reduction strategy.

The company discloses that seven of its board members have knowledge in CSR. Additionally, in its CDP Climate Change 2023 report, the company states that its board members have competence in climate-related issues. However, it is unclear from these disclosures whether the board members have a technical understanding of climate risk and/or sustainability.

The company discloses that one of its board member was secretary in charge of the food retail section of the French federation of management trade unions. However, it is unclear from the disclosure whether they developed technical expertise in these roles.

Carrefour has disclosed three areas that the company has lobbied towards: Eco-score, the Global Declaration on Plastics, and the French national pact committed to phasing out plastic; however it is unclear from Carrefour's disclosure if the company has disclosed a full list of lobbying activities.

The company discloses in its CDP Climate Change 2023 that its advocacy efforts are aligned with a 1.5C scenario. However, there is no assessment of their alignment with health and nutrition guidelines.

The company's has disclosed that it is part of the Consumer Goods Forum, Business Ambition for 1,5°, Race to Zero, The European Climate Pact, Science Based Target Initiative. However, it is unclear whether this is a comprehensive list.

Carrefour has disclosed that through its support to the Consumer Goods Forum (CGF) the company is lobbying on climate. This climate lobbying includes decarbonising refrigerants, combatting deforestation and reducing food waste. Carrefour has not disclosed membership of any organisations that lobby on health and nutrition.

Carrefour has stated it is committed to supporting farmers in a transition towards more sustainable agricultural practices. However, the company has not committed specifically to the principles of a just transition.

It is unclear from the company's disclosure whether it is supporting its workers affected by its decarbonisation efforts.

The company states it is supporting its farmers in transitioning towards organic and agroecological practices. However, it is unclear the extent to which these initiatives support animal agricultural supply chain stakeholders' transition towards more sustainable practices.

Carrefour has not developed a Just Transition strategy, that covers animal agriculture.

There is no evidence for this KPI.

There is no evidence for this KPI.

There is no evidence for this KPI.

Carrefour is actively expanding its offering of plant-based proteins. Under its brand Carrefour Sensation (which is 100% vegetarian), the company launched 31 new products between 2022 and 2023. The company states it is also developing plant-based proteins through other brands such as Carrefour Bio. Carrefour discloses that for every type of meat or dairy product, it has a plant-based alternative available in all European countries. Additionally, Carrefour has launched an international coalition to accelerate sales of plant-based alternatives with seven manufacturers (Danone, Unilever, Bel, Andros, Bonduelle, Nutrition & Santé, and Savencia).

Carrefour increased its offering of vegetarian products under its brand Carrefour Sensation from 115 in 2022 to 146 in 2023.

From the company's disclosure it is unclear whether it is allocating resources to improve nutritional and sustainability attributes of alternative protein sources.

Carrefour states that it pays great attention to the quality and nutritional profile of its plant-based products. However, it does not provide details of product reformulation to improve nutritional attributes of plant-based proteins.

There is no evidence for this KPI.

Carrefour has committed to marketing and merchandising its plant-based products through its "Lundi c’est veggie, mais aussi le mardi, mercredi..." ("Monday is veggie, but so is Tuesday, Wednesday...") campaign and through its coalition with Danone, Unilever, Bel, Andros, Bonduelle, Nutrition & Santé, and Savencia. Additionally, Carrefour Belgium supported the Veggie Challenge in March 2023, which encouraged consumers to eat more plant-based products for 20 days.

The company's marketing efforts are centred on its European business, excluding those retail stores based in Latin America.

Carrefour provides detailed nutritional information, including portion size, fibre content, and Nutri-Score labels, now applied to 7,000 Carrefour-branded products in France and Europe, including Carrefour Bio and Carrefour Sensation Végétal ranges.

There is no evidence the company is promoting the sustainability attributes of its plant-based offering

Carrefour has disclosed that the company is leveraging third-party consumer research to understand its consumers; the company identifies that in France 17% of the population identifies as flexitarian and 7% avoid red meat. The company highlights that 65% of 18-30 year olds would like to eat a more plant‑based diet consisting primarily of fruit, vegetables and pulses.

There is no evidence the company's consumer research related to healthy diets is used to inform its marketing and merchandising strategy for alternative protein sources.