Lisa Fleury

Axfood AB is a Swedish food retailing company that operates grocery stores, convenience stores, and online grocery stores. It also provides foodservice solutions to restaurants, cafés, and other foodservice businesses.

Axfood AB

axfood_ab

Free Corporate Rating

• Condition: 1.5°C < SB2A ≤ 2°C
• Description: These companies, while not in the top tier of ‘leader’, still play a crucial role in advancing climate goals. Their activities are contributing substantially to climate objectives in their sectors and the climate transition.

● Condition: 3°C ≤ SB2A < 4°C or SB2A ≥ 2°C and increasing GHG intensity
● Description: Non-aligned companies face an urgent need for environmental improvement as their GHG intensity is increasing. With an SB2A Temperature indicating a substantial temperature misalignment (3°C ≤ SB2A < 4°C), these companies are recognized as having a high environmental impact. These companies are urged to prioritize and accelerate their sustainability initiatives to address their significant climate-related challenges.

• Condition: SB2A ≤ 1.5°C
• Description: Companies in this category demonstrate an exceptional commitment to the Paris Agreement. Their activities contribute significantly to maintaining global warming well below the 2-degree target, positioning them as leaders in enabling a sustainable future.

● Condition: SB2A ≥ 4°C
● Description: Laggard companies face a critical need for environmental improvement. With an SB2A Temperature indicating an extreme temperature misalignment (≥ 4°C), these companies are recognized as having the highest climate impact. These companies are urged to prioritize and accelerate their sustainability initiatives to address their significant climate-related challenges.

• Condition: 2°C ≤ SB2A < 3°C and decreasing GHG intensity and the company has established a target to reduce its GHG emissions
• Description: Companies in this category are actively positioning themselves for a sustainable transition. Their commitment is evident through a decrease in GHG intensity at company level, together with a certified targeted plan for further reduction and a decrease in temperature.

• Condition: 2°C ≤ SB2A < 3°C and decreasing GHG intensity without any target
• Description: Transitioning companies, despite the absence of a reduction target, are engaged in reducing their carbon footprint. The decrease in the GHG intensity at issuer level is the sign that these companies are making strides toward sustainability, even if a specific reduction target is yet to be formalized.

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Climate Rating: Laggard - Axfood AB is a Swedish food retailing company that operates grocery stores, convenience stores, and online grocery stores. It also provides foodservice solutions to restaurants, cafés, and other foodservice businesses.

Free Corporate Rating

Axfood AB

ISIN

LEI

Description

Rating peers in sector of Transportation (based on 343 companies)

14%

Leader

6%

Aligned

6%

Actively
transitioning

6%

Transitioning

34%

Not
aligned

Axfood AB

33%

Laggard

Discover other companies in Transportation with Laggard score

Get in touch!

Free Corporate Rating

Axfood AB

ISIN

LEI

Description

Rating peers in sector of Transportation (based on 343 companies)

14%

Leader

6%

Aligned

6%

Activelytransitioning

6%

Transitioning

34%

Notaligned

Axfood AB

33%

Laggard

Discover other companies in Transportation with Laggard score

Get in touch!

Actively
transitioning

Not
aligned