Greenhouse gas (GHG) emissions are one of the major causes of rising global warming. CO2, Methane & NOx gases form a major part of greenhouse gases released from fossil fuels such as oil and gas. Due to rising GHG emissions from the operations of companies, it became important among major contributing sectors to report GHG emissions during their operations.
Several retailers, including Walmart, already measure their carbon footprints and climate change programs. Retailers generate a significant portion of their carbon footprint in their stores. Heating, lighting, air conditioning, ventilation, cooking, and refrigeration are the main factors for direct energy consumption, and therefore carbon emissions, of a retail outlet.
AutoZone Inc (AutoZone) is a retailer and distributor of automotive replacement parts and accessories. The company provides new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products. AutoZone sells automotive diagnostic and repair software through its subsidiary ALLDATA. Its stores offer parts and accessories for cars, vans, sport utility vehicles, and light trucks.
The total GHG emissions of AutoZone in 2021 were 445.7 thousand tonnes of CO2 equivalents, an increase of around 3% over 2020.
GHG emissions are generally classified into Scope 1, 2, and 3 emissions. Scope 1 includes direct GHG emissions from sources owned or controlled by the company. Scope 2 encompasses indirect emissions resulting from the generation of energy that the company purchases, such as electricity. Scope 3 involves other indirect emissions that relate to the emissions produced by AutoZone’s entire value chain, such as the production and transportation of capital goods purchased, etc.
In 2021, Scope 1 emissions form the major portion of AutoZone’s total GHG emissions, accounting for around 247.06 thousand tonnes of CO2 equivalent (55.43% of the total GHG emissions), an increase of 3.8% over 2020. The company’s Scope 2 emissions (198.64 thousand tonnes of CO2 equivalent) increased by 1.8% over 2020. The company is working to understand and evaluate the quantification of its Scope 3 emissions.
AutoZone aims to reduce GHG emissions by 15% associated with its US operations by 2025 against the 2019 baseline.
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