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  7. Migros Ticaret
Company logo

Migros Ticaret | Sustainability Performance

https://www.migroskurumsal.com/
Linkedin

Operates supermarket and retail store networks offering groceries, household products, consumer goods, and digital shopping services.

1990

Turkey

10,001+ employees

Retail

$10B+ in revenue

$500M - 1B in profitability

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Sustainability Ranking & Industry Benchmark

#10217
Overall
#44
in Turkey
#369
in Retail

Sustainability Maturity

​​0123456789​​%

Sustainability Intent

Available in
Scale package

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Industry Rank

352 out of 451

Overview
Environmental
Carbon emissionsEnergy consumptionWaste managementWater management
Social
Diversity and inclusion
Governance
TargetsESG scores and exclusions
Financial Data
Business performanceCapital & innovationAnalyst projections

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CO2 scope 1 + 2

576.3K CO2e tonnes, 2024
Critical

Renewable energy

48% 2024
Aligned

Waste generated

121.4K tonnes, 2024
Critical

Female engagement

46% 2024
Laggard

Market cap

2.7T $, 2026▲15.2% YoY

Revenue

10.4B $, 2025▲6.8% YoY

Carbon emissions

Reveal data for 1 credit

Industry rank: 152 out of 451


Total CO2 emissions
(CO2e tonnes)

Industry rank: 152 out of 451

Scope 1
Scope 2 location based
Scope 3 downstream
Scope 3 upstream
Industry benchmark
(adj. for revenues)
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Renewable energy

Reveal data for 1 credit
48%2024

Industry rank: 39 out of 451


Total energy consumption
and % renewables
(MWh, % of consumption)

Industry rank: 39 out of 451

Total energy

Share of renewable energy

Industry benchmark

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Renewable electricity

Reveal data for 1 credit
%2024

Industry rank: Beyond Top 100


Total electricity consumption
and % renewables
(MWh, % of consumption)

Industry rank: Beyond Top 100

Total electricity

Share of renewable electricity

Industry benchmark

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Intensity


Greenhouse gas intensity Scope 1, 2 (tCO₂e /$M)
Greenhouse gas intensity (Scope 1, 2, 3)(tCO₂e /$M)
Energy consumption (direct) intensity (MWh /$M)
Industry Benchmark

55.2

B/M 15.0

886.3

B/M 327.9

70.5

B/M 34.8


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Female engagement

Reveal data for 1 credit

Share of female employees (%)

Share of female board members

25
50
75
100
Company
Benchmark
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Waste

Reveal data for 1 credit
121.4K2024

Total waste generated (tonnes)

Total waste
Recovered & recycled
Not-recovered & not-recycled
Industry Benchmark

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Controversy level


Very Low
Low
Noticeable
High
Severe
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Carbon emissions breakdown

Reveal data for 2 credits

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Waste management

Reveal data for 2 credits

KPIMetricYear
20202021202220232024Benchmark
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Water management

Reveal data for 2 credits

KPIMetricYear
20202021202220232024Benchmark
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Market cap

2.7T $, 2026▲15.2% YoY

Revenue

10.4B $, FY2025▲6.8% YoY

EBITDA

834.5M $, FY2025▼9.1% YoY

Operating margin

8% Industry: 7▲76.1% YoY

Revenue & EBITDA

$10.4BFY2025 revenue

Total Annual
Revenue & EBITDA
($ B)

Annual revenue
EBITDA
3 year change
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Margin trends


Margin as % of revenue

Gross margin
Operating margin
Net margin

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Free cashflow

266.5M 2024▲73.5% YoY

Capex

250.4M 2024▲6.6% YoY

Debt/equity ratio

0.0 Industry: 1▼NaN% YoY

Return on invested capital

8.0%FY2026

Return on invested capital (ROIC)
Industry benchmark

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Analyst revenue estimates & actuals


Analyst consensus vs actuals
($ B)

Actual revenue
Consensus estimates
Estimate only

6.6

▲ 44.3%

2023

9.7

▲ 33.4%

2024

10.4

▲ 1.0%

2025

583.4

2031

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Environmental policy coverage

Carbon reduction policy

Available

Human rights policy

Available

Recycling policy

Available

Workplace health & safety policy

Available

18%
Independent Directors

4 out of 22 incl. management

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SBTi targets and commitments

TargetStatusTemperature alignmentYear
Near-term targetTargets set1.5°C2033
Long-term targetTargets set1.5°C2050
Net-zeroTargets set-2050
Business Ambition 1.5°CMember-2022

Target details

Overall net-zero target: Migros Ticaret A.S commits to reach net-zero greenhouse gas emissions across the value chain by 2050. Near-term targets: Energy & Industry: Migros Ticaret A.S commits to reduce absolute scope 1 and 2 GHG emissions 42.7% by 2030 from a 2020 base year. Migros Ticaret A.S also commits to reduce absolute scope 3 GHG emissions from purchased goods and services 32.5% by 2033 from a 2023 base year. FLAG: Migros Ticaret A.S commits to reduce absolute scope 1 FLAG GHG emissions 30.3% by 2030 from a 2020 base year.* Migros Ticaret A.S also commits to reduce absolute scope 3 FLAG GHG emissions 39.4% by 2033 from a 2023 base year.* Migros Ticaret A.S further commits to no deforestation across its primary deforestation-linked commodities, with a target date of 31 December 2025. *The target includes FLAG emissions and removals. Long-term targets: Energy & Industry: Migros Ticaret A.S commits to reduce absolute scope 1 and 2 GHG emissions 90% by 2050 from a 2020 base year. Migros Ticaret A.S also commits to reduce absolute scope 3 GHG emissions from purchased goods and services and use of sold products 90% by 2050 from a 2023 base year. FLAG: Migros Ticaret A.S commits to reduce absolute scope 1 FLAG GHG emissions 72% by 2050 from a 2020 base year.* Migros Ticaret A.S also commits to reduce absolute scope 3 FLAG GHG emissions 72% by 2050 from a 2023 base year.* *The target includes FLAG emissions and removals.

Powered by illuminem and Science Based Targets initiative. Last updated: 30 Jan 2025

Sustainability targets and commitments

TargetYearValueScopeBaseline

Overall score

91

Environment

99

Social

99

Governance

75

Exclusion screening

Adult content

Not available

Alcoholic

Not available

Animal testing

Not available

Firearms

Not available

Tobacco

Not available

Gambling

Not available

Nuclear

Not available

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Reporting

sustainability report symbol

Sustainability Report

Available

image report
Available

Sustainability employees


Total sustainability employees

11+



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