Carrefour

The company has conducted TCFD-aligned scenario analysis and identified the physical and market risks of climate change using a below 2°C scenario. The company recognises that changing consumer preferences towards lower animal protein consumption is a key market risk linked to its animal agriculture supply chains. Carrefour also acknowledges the emissions reduction opportunity in promoting plant-based diets and supports this transition with a target to increase its plant-based protein sales.

Carrefour provides a partial breakdown of its Scope 3 emissions from animal agriculture. The company states that meat sales account for nearly 25% of its Scope 3 emissions and identifies specific protein categories, such as beef, dairy, pork, poultry, eggs, and other meats (e.g., lamb) as key contributors. However, it does not provide a detailed emission breakdown by individual protein type.

Carrefour has submitted its 1.5°C aligned 2030 Scope 3 emissions reduction target that considers FLAG (Forest, Land, and Agriculture) emissions to the Science Based Targets initiative (SBTi) for validation. However, this target is yet to be approved by the SBTi.

Carrefour reports quantitative data on the emissions mitigation potential and financial opportunity of protein diversification in its climate disclosure. The company expects a 3% reduction in Scope 3 emissions by 2030 from a 2019 baseline by replacing 30% of animal proteins with plant-based. The company's commitment to increase plant-based protein sales in Europe to €650 million by 2026 will contribute to this emissions reduction goal.

The company publicly discloses a target to increase its sales of plant-based proteins to €650 million in Europe by 2026. This is integrated in the company's climate transition plan, anticipating a 3% reduction in Scope 3 emissions by 2030 from a 2019 baseline if 30% of animal proteins are replaced with plant-based.

The company's protein diversification target is timebound to 2026.

The company's protein diversification target is currently limited to its largest European market.

Carrefour’s target to increase plant-based protein sales by €650 million in Europe by 2026 is aligned to its existing SBTi-approved Scope 3 target (latest 1.5C-aligned target still pending SBTi approval) to reduce absolute Scope 3 greenhouse gas emissions from purchased goods and services and use of sold products by 29% by 2030 from a 2019 base year.

Carrefour discloses progress towards its protein diversification target, reporting €621 million in plant-based protein sales by the end of 2024, in advancement towards its €650 million target by 2026.

The company annually reports its plant-based protein sales in Europe to measure progress towards its target to reach €650 million in sales by 2026. The company achieved €621 million in European plant-based protein sales for FY2024, and €514 million for FY2023.

Carrefour links 20% of its annual variable compensation to progress against Corporate Social Responsibility (CSR) and its Food Transition Index, which includes the company's protein diversification target that is linked to Scope 3 emissions reduction. The company also attributes 25% of its long-term incentive plan to three CSR indicators: sensitive material, greenhouse gas emissions, and supplier commitments. However, it is unclear which emissions Scopes Carrefour has linked to its long-term incentive plan.

Carrefour board member Carlos Nobre has experience working in the department of environment for his national government and has executive experience in roles addressing environmental issues. Additionally, the company discloses that seven of its board members have experience in CSR. However, it is unclear from the background descriptions of these members whether they have technical experience in climate or sustainability. The company has a CSR committee comprised of directors appointed by and reporting to the board. Members of this committee have received training on climate change and biodiversity.

It is unclear from Carrefour's disclosure if the company's board members have experience in nutrition or health.

Carrefour has disclosed a list of meetings it has had with the European commission, public consultations and roadmaps it has contributed to but has not provided a full list of public policy positions. The positions that the company has disclosed include its support for the Paris Agreement, the UN treaty on plastics, and European deforestation regulation. The company explicitly states that it does not make contributions to any political parties.

Carrefour discloses that some of its direct lobbying actions related to its food business align with positive climate outcomes, but it is unclear how its lobbying activities align with positive nutrition outcomes. The company's sustainability lobbying includes its support for the Paris Agreement, reducing virgin plastic production through the UN treaty on plastics, and combating imported deforestation.

The company mentions various associations and coalitions that it participates in throughout its disclosures, including the Consumer Goods Forum, Global Tuna Alliance, Roundtable on Responsible Soy, Retailer Cocoa Collaboration, Forest Stewardship Council, and the Brazil Climate, Forests, and Agriculture Coalition. However, the company has not disclosed a dedicated list of all its affiliate associations.

Carrefour has disclosed that through some of its association memberships, it is lobbying on positive climate and nutrition outcomes and that it has assessmed the alignment of some of its indirect lobbying efforts with positive climate outcomes. It is unclear how the company plans to address misalignment of member associations with positive climate or health and nutrition outcomes where applicable.

Carrefour has not committed to Just Transition principles.

Carrefour has made a high-level claim that is working to develop the skills of its employees for changes in the food sector, including specific mention of the food transition and the company's Act for Food plan. The company's Act for Food transition plan has specific elements focusing on reducing emissions linked to farming. However, it is unclear to what extent this includes support for animal agricultural workers.

Carrefour has stated that it is supporting its dairy producers to implement less carbon-intensive farming practices, however, the details and scale of this project is unclear. The company also offers financial support for small and medium-sized businesses, farmers and producers in its largest French market, and training for its Quality Lines suppliers to transition to agroecological practices, with 16,872 producers meeting its requirements by the end of 2023. The company has set targets for 15% of fresh food sales to be organic or agroecological, and 100% of Carrefour Quality Lines to commit to an agroecological approach, by 2025. However, it is unclear to what extent this support extends to animal agricultural suppliers.

The company does not have a Just Transition strategy.

It is unclear if Carrefour has developed its efforts to support animal agricultural suppliers in consultation with affected stakeholders.

Carrefour does not have a Just Transition strategy and therefore has no associated KPIs to track progress.

Carrefour does not have a Just Transition strategy and therefore has no associated KPIs to track annual progress.

Carrefour launched both own and external brand plant-based products in its largest European markets in the past year. These include external brand DUG's plant-based milk in 150 Spanish stores, Huera whole-cut fillets in French stores, Cap Végétal marinated plant-based fish and VFC Veggie Popcorn Chicken in Spanish stores. Additionally, the company grew its own Carrefour Sensation Végétal brand range from 146 products in 2023 to 150 products in Europe in 2024 and doubled its vegetarian and vegan offerings in France, reaching 79 products in 2024 from 40 in 2018.

Carrefour evidences one type of resource allocation to improve the perfomance of alternative protein products in the past year. The company formed a coalition with 19 major suppliers, including Nestlé, Danone, Bel, and Bonduelle to drive €3 billion in plant-based sales by 2026. The group identified several issues specific to plant‑based products during workshops held in 2024 and aims to implement actions in 2025.

Carrefour does not have a minimum health and nutrition requirement for its alternative protein source portfolio aligned with a government-endorsed nutrient profiling system. Although the company has added Nutri-Score labelling to all food products sold in its stores and reports that 2,935 own brand products score A or B, it is unclear how many of these are plant-based, or if there is a minimum health and nutrition threshold for products.

Carrefour provides a high-level statement that it is reformulating products to improve nutrition, which includes alternative protein products. The company is working to enhance the nutritional profile of its vegetarian range; develop new formulations against Nutri-Score's updated algorithm; and reduce sugar and salt content in its own-brand products, however, specific examples of alternative protein products reformulated with improved nutritional attributes are not disclosed.

There is no evidence that Carrefour is reformulating alternative protein products to improve sustainability attributes.

Carrefour has committed to marketing and merchandising strategies related to alternative proteins in its largest European market. The company continues to work with food manufacturer Danone to promote the “Monday is veggie but also Tuesday, Wednesday...” campaign which promotes healthy eating in line with Nutri-Score A or B, including vegetarian and vegan products.

Carrefour is marketing and merchandising alternative protein products in its largest European markets. The company participated in Veganuary 2025, launching 480 events and tastings in stores, a competition on its website, and special offers on 250 products. Additionally, the company implemented specific shelf markings in its stores to enhance visibility and introduced the “mieux manger” (eat better) function on its website to promote plant-based alternatives.

Carrefour has made a high-level claim that it is working to ensure its alternative protein source products are accessible and affordable. The company states that its growing vegetarian Carrefour Sensation range is affordable and commits to make quality products accessible, integrating progress towards its plant-based sales target as a metric to this, however, there is no evidence of specific company actions to improve accessibility and affordability of plant-based products.

Carrefour has conducted consumer research relating to demand for alternative protein sources, however, there is no evidence of research relating to consumer trends in the sector. The company leverages third-party consumer research to identify demand for alternative proteins, finding that 18.4% of French consumers are flexitarian, 2.3% are vegetarian, 1% are vegan, and 1.5% are pescetarian.

Carrefour has used consumer research relating to healthy diets to inform its marketing and merchandising strategy, however, it is unclear if this includes alternative protein sources. The company found that 74% of consumers want to eat more healthily, 44% pay close attention to ingredients, 72% choose minimally processed products, and 20% have used Nutri-Score as a guarantee of product quality. Although, it is unclear if these findings informed the company's marketing of alternative protein sources.